Junior ISA

Help build a nest egg for your child's future by saving for them tax efficiently, from just £10 a month

Start saving now

As seen on

Home » Saving for children » Junior ISA

Give your child a head start with our Junior ISA

If you want to provide your child with a tax-free lump sum when they reach age 18, then our Junior ISA can help you to achieve that. You can choose a saving style to suit you and your child, from regular monthly payments of £10 at a time to lump sum deposits when you wish. To open a plan with a lump sum, you simply need to deposit an initial minimum of £100, followed by further investments of at least £10 at a time.

We adopt a medium to low-risk investment strategy, and aim to pay annual bonuses into your child’s plan. This could help you to achieve your savings goals, whether you’re looking to help your child buy their first home or car, or even cover the costs of their university education.

Apply online Transfer to our Junior ISA

Key points about our Junior ISA:

Easy to start

If you’re the child's parent or guardian you can open a plan in minutes online. You'll either choose to make monthly Direct Debit payments or to open the plan with a single deposit.


You can make as many changes to your payments as you like throughout the term of the plan, including stopping, starting or altering your monthly payments or adding money when convenient.

For your child's future

When your child reaches age 18 they can choose to either continue saving in an adult ISA by transferring their Junior ISA, or to take the money. Withdrawals from our Junior ISA are tax-free.

How does your child's money grow?

As well as your contributions into the stocks and shares Junior ISA, we’ll aim to add a bonus annually to help your child’s investment grow. The size of the bonus can vary depending on investment conditions. You can find out more about bonuses in the ‘Fund Performance’ tab.

Find out more about our Junior ISA:

Combine with your help to buy

Choose payments that suit you

The Junior ISA has an annual allowance that you cannot exceed, that currently stands at £9,000 in the 2020/2021 tax year. However, you can choose to start paying into the plan from just £10 a month, or if you would rather open with a one-off payment, you can do so from £100.

Save on tax

Tax rules mean that the Junior ISA is tax-efficient, making it exempt from capital gains tax and income tax. This means all growth within the plan and the money withdrawn from the plan is tax-free.

save on tax

more potential for growth

More potential for growth

Unlike cash Junior ISAs, our Junior ISA is not affected by low savings rates. Instead it is invested in a variety of assets which also means that it has more potential to grow than a cash account. However you should remember that returns are not guaranteed, and there is a chance your child might get back less than you have paid in.

Add money from family and friends

Once the plan has been opened, anyone who wishes can make payments into it, making it accessible to family and friends. This can help to boost the value of your child’s fund, and opens it up to gift contributions around Birthday’s and other special occasions.

our members love us

our members love us

Our members love us

Our commitment to responsible investing combined with our personal approach to all of our members, have led our members to rate us as ‘excellent’, and are the reasons why 9 out of 10 of them would recommend us to a friend. You can see more member reviews by visiting our ‘Why Us?’ tab.

We’re a mutual and we’re here for you

From our excellent customer service where you’ll always speak to a real person*, through to the fact that you get a say on how the company is run, we know that our members feel valued and get an experience that they expect from a modern mutual society with almost 200 years worth of experience.

we're a mutual

Free shopping voucher when you take out a plan

Love 2 Shop Love 2 Shop

Apply for a Junior ISA and we’ll send you a Love2Shop voucher code
worth up to £50 when you’ve made your first payment.

Apply for a Junior ISA and we’ll send you a Love2Shop voucher code
worth up to £55 when you’ve made your third payment.

Click here for terms and conditions.

Need more information?

You can use the tabs at the top of this page to find out more about the plan. We also have a handy infographic that helps to explain more.

If you still have questions about the plan then we’ve put together a useful list of FAQ’s.

Otherwise, please feel free to get in touch with our Customer Service team who will be happy to answer any questions you have or to run through the application with you.

Phone Icon

0800 526 249

Email Icon [email protected]

You can call us any time between 9am - 5pm Monday to Thursday or 9am - 4pm Friday.

Ready to get started?

Before you start your application, please make sure that you have read and understand the following documents:

Start saving now

*During normal working hours; Monday to Thursday, 9am to 5pm and Friday, 9am to 4pm

Important things to consider

  • Past performance cannot be taken as a guarantee of future returns.
  • The value of the JISA depends on the future performance of the investments held in the fund and the bonuses we distribute from any profits arising from these investments.
  • HM Revenue and Customs may change the tax status of a Junior ISA in the future.
  • Inflation may affect the purchasing value of the investment in the future.
  • The money invested into a Junior ISA cannot be withdrawn early; it can only be withdrawn by the child when they reach the age of 18 years old.
  • If you transfer the plan to another provider during the term of the plan, or if you leave the money invested for more than three months after the child's 18th birthday, then we may apply a market value reduction if investment returns have been poor. In this event your child could get back less than you have paid in. Your capital is at risk.

When you take out an investment product with us your capital is at risk and you may get back less than you have put in. All references to taxation are to UK taxation and are based on Shepherds Friendly Society's understanding of current legislation and H M Revenue and Customs practice which may change in the future. Investment growth is by means of bonuses, the amount of which cannot be guaranteed throughout the term of the contract. Please ensure that you read the full terms and conditions of this plan which are available from your financial adviser or by contacting us directly.

Please note: No advice has been provided by Shepherds Friendly. If you are in any doubt as to whether a plan is suitable for you, we recommend getting in touch with a financial adviser, who will be happy to take you through what options are available. Should you consult a financial adviser there could be a cost involved and you should confirm this cost beforehand.