Junior ISA

All topics Junior ISA Am I eligible to open a Moneybox Junior ISA for my child?

Am I eligible to open a Moneybox Junior ISA for my child?

You can open a Moneybox Junior ISA if you are over 18 years old, live in the UK and have parental responsibility for a child under 18 years old. You’ll also need to be an existing Moneybox customer and using the latest version of the app. 

The child must be under the age of 18, a resident in the UK, must not already have a Child Trust Fund and must not already have a Stocks & Shares Junior ISA (or, if they do, you will need to transfer this into the Moneybox Junior ISA).

You will be known as the ‘Registered Contact’ for the Junior ISA and you will manage that Junior ISA for the child until they turn 18.

Please note that contributions made into a JISA are considered gifts and belong to the child, so can only be withdrawn by them after their 18th birthday.

How useful was our article?

View other topics

It's important you know

Capital at risk. All investing should be for the longer term. The value of your investments can go up and down, and you may get back less than you invest. Tax treatment depends on individual circumstances and may be subject to change in the future.

A 25% government penalty applies if you withdraw money from a Lifetime ISA for any reason other than buying your first home (up to £450,000) or for retirement, and you may get back less than you paid into your Lifetime ISA.

Your home may be repossessed if you do not keep up repayments on your mortgage.

Payments you make into your pension won’t be accessible until the minimum pension age (currently 55, increasing to age 57 from 2028). Tax treatment depends on individual circumstances and may be subject to change in the future.

For Business Saver: T&Cs apply. Max one withdrawal per day.

Get started