Can I open an ISA for a child?

You can open a Junior ISA for a child as long as they're under 18, and you have parental responsibility. Having opened the Junior ISA, you'll be known as the ‘registered contact’, responsible for managing the account.

If they hold a Child Trust Fund (CTF), you can only open a Junior ISA if the CTF is transferred as part of the application.

If your child is 18 or over, you may want to consider a Lifetime ISA – to help them save for a first home or later in life.