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Child Savings Account or Junior ISA?

Junior ISAs and Child Saving Accounts work similarly, except that a Junior ISA is tax saving, and the money is not accessible until the child turns 18. With Child Savings Accounts, you can open a savings account with just £1 for any child aged up to 18. Children over seven can manage their savings account themselves – depending on the account, they can take money out and pay it in.

To understand how you can do more for your family, visit our Junior ISA page.

With investing your capital is at risk. Investments can fluctuate in value, and you may get back less than you invest. ISA eligibility applies.

If you need more information or have any further question, and you are not already a client with True Potential, you can speak to our friendly team on 0191 625 0350 available 7am-8pm weekdays.