logo for Which?

Which? Recommended Provider

“I wish I could've invested with Vanguard years ago”

Learn more

What is a Junior ISA?

It’s an investment account for children that comes with some serious tax benefits. Any returns are tax-free. 

Only a parent or legal guardian can open and manage a Junior ISA, but anyone can pay into it – up to a total of £9,000 a year. Perfect if you have relatives or friends who’d like to help out. 

The money in a Junior ISA is locked away until your child turns 18, giving it plenty of time to grow. Once your child is 18, the money is theirs. They can continue investing, or withdraw the money – whether it’s for university fees, to travel the world or something else entirely. 

Why choose our Junior ISA for your child

Straightforward

Our range of funds gives you a low-cost and easy way to diversify. And opening an account takes just 10 minutes.

View our funds

Value

Our funds are good value, which means you can keep more of your returns. 

View our fees

Over 45 years of experience

We’ve been taking a stand for investors for over 45 years. Now over 50 million clients worldwide invest with us for their future.

Learn more about Vanguard

Open an account in 3 steps

1. Enter a few personal details

We just need some basics about you and your child, like date of birth and National Insurance number (if they have one).

2. Choose your funds

Pick your investments from over 85 Vanguard funds or choose a ready-made portfolio. 

3. Decide how much to invest

Start investing from £100 a month or a one-off £500.  

Choose how to invest

""
""

 

Good habits start young

Starting when your child is young can help their money grow as fast as they do. It’s also an opportunity to teach them about investing.

Imagine you invested £2,500 on your child’s 9th birthday and added £100 each month (increasing it by 2% each year for inflation). By their 18th birthday they’d have over £17,000*. That’s a good start in life, and an important lesson in the value of investing. 

Source: Vanguard calculations. Based on a 5% average rate of return on their Junior ISA investments. Not including costs. This example is hypothetical and does not reflect real or guaranteed future results.

mum and son, sitting on her lap on a white sofa, sticking their tongues out at each other
""

Grow your child's future

Bringing a Junior ISA to Vanguard with a transfer could save you money on fees, leaving you with more money for your child’s future.

""

Helping your grandchild fulfil their dreams

As a grandparent or relative, you can help your niece, nephew or grandchild by contributing to their Junior ISA. It could be better than giving a cash gift, as interest may not keep up with inflation.  

It's easy to gift money. Just have the Junior ISA account number handy of the child you'd like to send your money to.

The cost of investing

How much you’re charged depends on the value of your invested balance and the fund charges.

Our fees

 

Any balance

Account fee

 

0.15% a year

(max £375 a year)

Fund management fee

0.06% to 0.79% 

You can find our fund management fees for each fund on our fees and charges page
 

What this could mean for you if you invested:

If you invested £10,000 in a LifeStrategy Fund

   Account fee

  £15 a year
  (0.15%)


+

  Fund management fee

  £26  a year
  (0.26%) 


=
  Total
 
  £41 a year
 

These examples are only to give you an indication. We assume you invested into one of our LifeStrategy Funds. We’ve shown average fund management fees, which may vary depending on your portfolio.

 

Need to know

Important documents

Read these documents carefully before you apply to open an account or invest.

Have another question?

Search our FAQs, ask our chatbot or send us a message.

Go to help and support
group of people, of all ages, holding hands in a circle with the sun beaming through the center

We bring value to 50 million clients all over the world

Would you like join us? It’s quick and easy. You can open a Junior ISA in 10 minutes.

group of people, of all ages, holding hands in a circle with the sun beaming through the center

We also offer

""
""
""