Junior Stocks and Shares ISA
Voted Best Junior ISA (JISA) seven years running at the Personal Finance Awards!
✓ Investing in this ISA provides more growth potential than a Junior Cash ISA.
✓ Backed by Aviva and trusted by over 33,000 happy parents.
✓ Unlike some providers, we allow you to invite friends and family to contribute.
With investing, your capital is at risk. The tax treatment of your investment will depend on your individual circumstances and may change in the future. Minimum deposit of £500 required.
Best Junior ISA - 7 years running
Personal Finance Awards
How to start a Junior ISA
Choose your Plan
Pick from 5 investment styles from Cautious to Adventurous, and tell us how much you want to invest for your child via a one-off payment or Direct Debit.
Take our Suitability Quiz
This is our way of helping you start your child's JISA in a way that's right for your circumstances and attitude to risk.
We build and manage your Plan
Our experts then get to work on building and managing your child's Plan, keeping it in line with your chosen style.
Access to the JISA
Your child will have access to their JISA on their 18th birthday, at which point the money can be used as they see fit — including reinvesting it, potentially.
Why choose our Junior ISA?
✓ Junior Investment ISAs (JISAs) benefit from compound growth — meaning the earlier you start, the harder your child's money can work.
✓ You can invite family and friends to contribute to your child's JISA, making it easy for loved ones to give a gift that really lasts.
✓ Our Plans are fully managed by our team of expert investors, so you have more time for the things that matter.
Ethical Junior ISA option
Help shape a sustainable future for your child.
- Wealthify's Ethical Plans aim to exclude industries and activities that are considered harmful to society and the environment
- The companies your child's money is invested in are actively and regularly monitored
What our customers say about us
Naturally, we think our Junior ISA is pretty good. But don’t just take our word for it.
Because, as well as being voted Best Junior ISA at The Personal Finance Awards (seven years running), here are just some of our favourite reviews.
“Great JISA products for both of our kids. Best thing we did was to open one for each. Money goes in each month, we send a link to friends and family to deposit for Christmases etc."
– Nathan M
"Moved from CTF to JISA with Wealthify. Kept informed of process knew exactly where I was — and now all details are easily accessible.
Have already recommended to three other people."
– Joyce W
“Generally speaking, I'm not good with following stuff on my laptop. I was pleasantly surprised at how easy it was when I first logged in to check on my granddaughter's ISA.
There's no faffing around with lots of details... just log in and the info is right there! I love it!”
– Christine R
"First time setting up a Junior S&S ISA and it was a dream.
I set up accounts yesterday for both my sons, and it was incredibly straightforward to do. I really like the dashboard and that it shows both my son's ISAs so I can track easily without having to log in twice."
– Charlotte T
Transfer to our Junior ISA
Want to give your Junior Cash ISA or Child Trust Fund more potential? The good news is that transferring to Wealthify's Junior Stocks and Shares ISA is a simple, hassle-free process.
Just let us know you want to move to Wealthify, and we'll do the rest. If you're looking to move an existing Junior Stocks and Shares ISA or Child Trust Fund, we'll need to move the whole amount as you're only allowed one of this type of account per child.
Invite contributors
When it comes to raising a child, there's nothing quite like a helping hand.
Which is why – whether it's family, friends, or that lovely lady next door – our Junior ISA lets you invite anyone to contribute towards and grow your child's savings.
They can even leave a personalised note for every contribution they make, creating that memorable touch.
Free Junior ISA guide
Junior ISAs come with a set of rules from HMRC, and there are different types you can open. In this useful Junior ISA guide, you'll find out:
- The difference between a Junior Cash ISA and Junior Stocks and Shares ISA
- How much you can pay into a Junior ISA
- How many Junior ISA accounts you can open
- How to transfer a Junior ISA
Wealthify Customer Reviews
Junior ISA FAQs
A Junior ISA is a tax-efficient way to save and invest on behalf of your child.
Payments into a Junior ISA are different from adult ISAs, because the money you put in belongs to your child. Once you put money in, you can’t take it out again, except in exceptional circumstances, and your child can only get access to their money when they turn 18.
There are two types of Junior ISA:
- Junior Cash ISAs: earn interest like a savings account. The interest rate is fixed and typically based on the rate set by the Bank of England.
- Junior Stocks & Shares ISAs: (Also known as Junior Investment ISAs), these invest in financial markets with the aim of earning returns for investors that are greater than those you would get in a Junior Cash ISA. Returns are not guaranteed, and the value of your investments can go down as well as up.
Your child can have one or both types of Junior ISA and you can deposit up to the annual limit of £9,000 into them in any combination you like.
For example, you could pay £3,000 into a Junior Cash ISA and up to £6,000 into a Junior Stocks and Shares ISA, or vice versa. You can split the allowance however you want to between the two accounts.
The benefit of a Junior ISA is that you or your child won’t pay tax on any interest, returns or dividends they receive.
Wealthify only offers a Junior Stocks and Shares ISA. Any money paid into a Junior ISA will belong to the child, but they cannot access it until their 18th birthday.
If you want to build an investment pot for your child that neither you or they can touch until your child turns 18, then a Junior ISA could be the answer. Any money paid into a Junior ISA belongs to the child and cannot be withdrawn by anyone other than the child when they turn 18.
Junior ISAs are available to children who:
- Are under the age of 18
- Are residents of the UK, or are dependants of a crown employee (e.g. army employee based overseas)
- And don’t already have a Child Trust Fund (CTF).
You can transfer your Child Trust Fund over to a Wealthify Junior ISA, but your child cannot have a CTF and a Junior ISA at the same time. When transferring a CTF to a Junior ISA, the full balance must be transferred.
Money added to a Junior ISA belongs to the child. The parent or guardian who opened the Junior ISA acts as the registered contact, but they can’t access the money once it has been deposited, unless there are exceptional circumstances. When the child turns 18, account ownership is transferred to them.
A Junior ISA allows you to save or invest up to £9,000 a year on behalf of your child without paying tax on any interest and/or capital gains earnt from the money within the Junior ISA.
Saving into a Junior ISA on behalf of your children does not affect your own annual ISA allowance.
No – the Junior ISA can only be opened and funded after the child is born. We need the child’s date of birth so that we will know when your child turns 18.
A child can have one Junior Cash ISA and one Junior Stocks & Shares ISA. The annual allowance can be split between accounts any way you like, but the total payments made into both must not exceed this amount in any given tax year.
The two Junior ISAs don’t have to be with the same provider, so you can choose the best option for you and your child. Wealthify does not currently offer a Junior Cash ISA, but we may do in the future, so watch this space.
If your child already has a Child Trust Fund in their name, it would need to be transferred to us in order to open a Junior ISA with Wealthify. You can transfer a Child Trust Fund into a Wealthify Junior Stocks and Shares ISA using the official transfer process.
Yes, you can easily transfer your child’s existing Junior ISA to Wealthify by completing our Junior ISA transfer request form. We’ll send you the transfer forms to complete and return to us, then we’ll contact your existing provider to arrange everything.
Please remember, if you’re transferring a Junior Cash ISA to Wealthify, it will become a Junior Stocks and Shares ISA. Your child’s money will be invested in global financial markets and the value of your investments can go down as well as up.
If you’re an existing customer, simply head to your Dashboard and use the ‘transfer in’ button on your home screen.
Yes, but you must transfer the whole balance of your Child’s Trust Fund (CTF) as you cannot have a CTF and a Junior ISA open at the same time.
When you transfer the full balance of a Child Trust Fund over to a Junior ISA, it doesn’t count towards your child’s current Junior ISA allowance, so you can transfer the whole CTF balance without it affecting their Junior ISA allowance for that same tax year.
You can find more information on our Child Trust Fund and Junior ISA Transfer page.
Looking for support?
Our Customer Care team are always there to help, whether you have a question about your Wealthify Plan, you’re having trouble with the app, or you’re simply unsure of how to get started when it comes to investing with us. Whatever you need, just get in touch.
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