3.02% Tax-Free pa/AER
Features of our Junior Cash ISA include:
Junior Individual Savings Accounts (Junior ISAs) are a great way for you and your child to save for their future, whether you need to pay for their university fees, help them buy their first house, or simply want to provide them with a nest egg for later in life.
- minimum opening balance of just £1
- A maximum investment of £3,720 in the 2013/2014 tax year
- Payments into the account can be by cash, cheque, debit card or transfer
- No withdrawals allowed until the child reaches the age of 18.
Your tax treatment will depend on your individual circumstances and may be subject to change in future.
Tax free means the interest paid where interest is exempt from Income Tax.