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Tax-efficient savings for a child
Invest from as little as £10 per month
Transfer from an existing Junior ISA or Child Trust Fund
Post Office Junior ISA is provided by OneFamily
Parents or legal guardians can set up a regular Direct Debit from £10 per month or pay in a lump sum of £100 or more. Or transfer in from an existing Junior ISA or Child Trust Fund.
Once the account’s open, anyone can contribute by Direct Debit, bank transfer or cheque.
You can invest up to £9,000 per tax year.
The child named on the account can access their tax-efficient lump sum at the start of their adult life, at 18 years old.
Please bear in mind the value of stocks and shares can fall as well as rise and the child could get back less than has been paid in.
The tax advantages of Junior ISA depend on you and your child's individual circumstances and the tax treatment of Junior ISAs may change in the future.
There’s an annual management charge of 1.5%.
Only the child can access the money and only after they turn 18.
You’re putting money away for a child for 10 years or more
You want to invest in stocks and shares for potentially higher returns
You want to open with a regular Direct Debit from as little as £10 per month or a lump sum of £100 or more
You want your child to have access to the money before the age of 18
You want a guaranteed return on your investment
Please read these documents and guides before you apply. You may like to save or print them for future reference.
By applying you confirm that you have read and understood the key documents for this product
A Junior ISA is a tax-efficient savings and investment account designed for children. It’s a way for parents, family members and legal guardians to save long term on behalf of a child. They’re sometimes referred to as children’s ISAs. ISA is short for Individual Savings Account.
The Post Office Junior ISA is a stocks and shares Junior ISA provided by OneFamily. It’s one of two types of Junior ISA available on the market.
An eligible child can have one or both types of ISA. But they can hold no more than one cash account and one stocks and shares account at any one time.
The Post Office Junior ISA is for family members who want to make a long-term investment in their children’s future. Investments are a combination of shares blended with fixed interest investments. Bear in mind the value of stocks and shares can fall as well as rise and the child could get back less than has been paid in.
Only consider this account if:
Please note: Post Office and OneFamily cannot provide advice on this product. If you’re not sure if it suits you, please get independent financial advice.
A Post Office Junior ISA can only be opened.
The person who opens the account will be the ‘Registered Contact’. They are the only person instructions will be accepted from.
When the child turns 16, they can decide if they want to become the Registered Contact of the account.
Anyone can pay into a Junior ISA if the total doesn’t exceed the tax-free allowance each year. For example, if you’re a parent investing for your son or daughter, grandparents, uncles and aunts and friends can all make deposits after the account’s been opened.
The child named on the account will be able to access the money invested for them once they’re 18 years old.
The Post Office Junior ISA is invested in the Family Balanced International Fund. This is a sub-fund of an ICVC.
The fund aims to achieve long-term growth. It does this by investing mainly in UK and overseas shares, along with fixed interest investments.
ICVC stands for Investment Company with Variable Capital. It’s a type of company or fund created to invest in other companies and other investments.
ICVCs usually have one or more sub-funds in which investors can buy shares to create a pool of money. This pool is then managed by an experienced investment advisor on their behalf. These experts use the money to buy investments such as stocks and shares. By doing this, an individual's money can be invested across a wide range of assets, helping spread the risks associated with investing in stock market linked investments.
Remember, the value of stocks and shares can fall as well as rise. The child could get back less than has been paid in.
Junior ISA: Junior Individual Savings Account
There are two types of Junior ISA: cash accounts and stocks & shares accounts.
Providing they are eligible, a child can hold a cash account, a stocks and shares account; or a cash and a stocks and shares account. A child can hold no more than one cash account and one stocks and shares account at any one time. You can invest up to £9,000 into a Junior ISA in the 2024/25 tax year (6th April to 5th April).
Tax-efficient: Returns will be free of UK income tax and capital gains tax.
Find out more about the Financial Services Compensation Scheme (FSCS) and how it protects your savings.
Post Office Junior ISA is provided by OneFamily.
OneFamily is a trading name of Family Assurance Friendly Society Limited (incorporated under the Friendly Societies Act 1992, Reg. No. 939F), of which Family Equity Plan Limited (Co. No. 2208249) is a subsidiary. Financial Services Register numbers 110067 and 122351 respectively. Registered in England and Wales at 16-17 West Street, Brighton, BN1 2RL, United Kingdom. Family Assurance Friendly Society Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Family Equity Plan Limited is authorised and regulated by the Financial Conduct Authority.
Bank of Ireland UK is a trading name of Bank of Ireland (UK) plc which is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 512956. Registered in England and Wales (No. 07022885). Registered Office: 45 Gresham Street, London EC2V 7EH.
The above details can be checked on the Financial Services Register by visiting the Financial Conduct Authority website.
Post Office Limited is registered in England and Wales (No. 2154540). Registered Office: 100 Wood Street, London, EC2V 7ER. Post Office and the Post Office logo are registered trademarks of Post Office Limited.