Junior Isas explained Junior cash Isas reviewed

Most companies haven't announced yet whether they'll market the new Junior cash Isas, but it's likely to be a mixture of banks, building societies and other providers. Many of the big providers are yet to commit to offering the new product.

Nationwide has already unveiled its own Junior cash Isa product and come out strongly in support of the launch of the Junior Isa. Which? agrees that persuading parents to save for their children's future is a positive thing.

Details of Junior cash Isas

Our table outlines the details of the products that are currently available: 

Provider	AER AER help	Access Access help	Min deposit	Transfer in	Customer score Customer score help	Find out more
Coventry BS unior Cash Isa	3.25%a	Branch Telephone	£1	Yes	63%
Nationwide Smart Junior Isa	3.25%a	Branch Internet Postal	£1	Yes	59%
Furness BS Junior Cash Isa	3.05%	Branch Postal	£1	Yes	n/a
Market Harborough BS Junior Isa	3.05%b	Branch Postal	£1	Yes	n/a
Skipton BS Junior Cash Isa	3.02%	Branch	£1	Yes	54%
National Counties BS Junior Cash Isa	3.01%c	Branch Postal Telephone	£1	Yes	n/a
Bank of Scotland Junior Cash Isa	3.00%	Branch	£1	Yes	44%
Beverley BS Junior Cash Isa	3.00%	Branch Postal	£10	Yes	n/a
Buckinghamshire BS Junior Cash Isa	3.00%	Branch Postal	£10	Yes	n/a
Halifax Junior Cash Isa	3.00%	Branch	£1	Yes	44%
Lloyds TSB Junior Cash Isa	3.00%	Branch	£1	Yes	48%
Monmouthshire BS Junior Cash Isa	3.00%d	Branch Postal Internet	£10	Yes	n/a
Skipton BS Junior Cash Isa	3.02%	Branch	£1	Yes	54%
Chorley BS Junior Cash Isa	2.90%	Branch Postal	£1	Yes	n/a
Wesleyan Bank Junior Cash Isa	2.75%	Postal Telephone	£10	Yes	n/a
Bath BS Junior Cash Isa	2.70%	Branch Postal	£1	Yes	n/a
Mansfield BS Junior Cash Isa	2.60%e	Branch Postal	£1	Yes	n/a
Newcastle BS Junior Cash Isa	2.60%	Branch Postal	£1	Yes	56%
Scottish BS Junior Cash Isa	2.60%	Branch Postal	£1	Yes	n/a
Earl Shilton BS Junior Cash Isa	2.55%	Branch Postal	£10	Yes	n/a
Hanley Economic BS Junior Cash Isaf	2.50%	Branch Postal	£10	No	n/a
Progressive BS Junior Cash Isa	2.50%	Branch Postal	£1	Yes	n/a
Newbury BS Junior Cash Isa	2.50%	Branch Postal	£50	Yes	n/a
Dudley BS Junior Cash Isa	2.50%g	Branch	£50	Yes	n/a
Ipswich BS Junior Cash Isaf	2.40%	Branch Postal	£100	Yes	n/a
Harpenden BS Junior Cash Isa	2.25%	Branch Postal	£1	Yes	n/a
Loughborough BSe Junior Cash Isa	2.20%	Branch Postal	£1	No	n/a
Darlington BS Junior Cash Isa	2.00%	Branch Postal	£1	Yes	n/a
Leek United BS Junior Cash Isa	2.00%	Branch Postal	£10	Yes	n/a

Table notes

• a) Rate includes a 1.15% bonus payable to 31 January 2014
• b) Rates tiered - 2.5% from £1 to £3,599 and 3.05% on £3,600
• c) Rates tiered - 1.81% from £1, 2.26% from £1,000 and 3.01% on £3,600
• d) Rate includes a 0.5% bonus payable to 31 March 2014
• e) Rate includes a 0.5% bonus payable for a year
• f) Available to customers living in local area only
• g) Rates tiered - 1.4% from £100 to £2,499 and 2.5% thereafter

Help

AER

AER is annual equivalent rate and shows how much interest you'll receive in one year.

Back to AER in money table

Access

Key:

• Branch
• Internet
• Postal
• Telephone

Back to access in money table

Customer score

Which? member score based on customer satisfaction and likelihood of recommending company to friend/family member.

Back to customer score in money table

 

More on this...

• For money saving ideas, look at our guide to getting free stuff
• Take a look at our guide to childcare vouchers
• Or for alternative saving options for children, read our guide to children's savings accounts