Children's Savings Accounts

Compare Children's Savings Options

Children's savings accounts offer a great way of preparing for your child's future, building up a nest egg which could be used to help them buy their first home or go to university, helping give them a head start in life.


When it comes to children's savings accounts interest rates can be higher as plans aim to deliver a return over the long term, while some returns may be tax free.

Children can save and earn interest tax free within their annual allowance, as children normally do not earn over their annual allowance each year. A R85 form can be filled out to ensure tax taken on their own savings is refunded or tax is not taken off at all.

However, when a parent gives savings to a child any interest over £100 a year is treated as the parents income and taxed. This is known as the £100 rule.

There are various choices available for children's savings, although Child Trust Funds - which were supported with government savings vouchers - are no longer available, a new tax-efficient Junior ISA is now available (launched November 2011).

Other options include savings accounts specifically designed for children and investment plans which aim for long term growth.

Use the tables below for a selection of saving plan options for children:

Junior ISA Selection
ProviderJunior ISA ProviderRegular SavingsInvestment OptionsOnline ValuationsMore Info
Fidelity Junior ISAyesOver 1200 Funds from over 70 Investment CompaniesyesMore Info >
  • Invest from £500 to £3600 pa per child
  • High Quality shortlist of leading UK Funds to choose from
  • Cash Options available
  • Fidelity are a leading UK ISA provider with over £34 billion under management
  • The value of investments and any income can fall, so the Junior ISA could return less than you invest
  • Returns on investment funds are not guaranteed
Children's Investment Plans
ProviderServiceISA OptionMinimum InvestmentMore Info
Family Investments Junior Bondno
£15.00 pm
More Info >
Family Investments, the award-winning children savings specialists.
Jump Children's Savings Planno
£25.00 pm
More Info >
Jump is a Child savings plan specially designed for children. It is based on Witan Investment Trust. Witan's objective is to create wealth for its investors through stockmarket investment.
Baillie Gifford Children's Savings Planno
£30.00 pm
More Info >
A cost effective Children’s Savings Plan, providing an easy way to invest for a child's future through the stock market. The Plan gives you a choice of two ways in which you can invest, choosing from either a Designated Account or a Bare Trust account.



 Important Risk Information:

This website contains information only and does not constitute advice or a personal recommendation in any way whatsoever. The value of investments and income from them can fall as well as rise and you may not get back the full amount invested.

Investments in Stocks & Shares ISAs do not contain the same degree of capital security as investments in deposits. Stocks and shares ISAs are designed as medium to long term investments of, for example, five years or more. The tax efficiency of ISAs is based on current tax law and there is no guarantee that tax rules will stay the same in the future.

Different types of investment carry different levels of risk and may not be suitable for all investors. Please ensure that you read the
Important Risk Information for further details. Prior to making any decision to invest, you should ensure that you are familiar with the risks associated with a particular investment and should read the product literature. If you are in any doubt as to the suitability of a particular investment, both in respect of its objectives and its risk profile, you should seek independent financial advice.