
Understand the level of risk first
Investing offers the potential for better returns than cash savings over the long term (5+ years). But there are risks, the value of your investments may go down as well as up, and you may get back less than you’ve paid in. Tax benefits are based on individual circumstances and are subject to change.
Why invest in a Junior ISA?
It's a head start
Investing through their childhood will mean children could have a nest egg waiting that can be used for a home, education or travel.
It's an education
Getting them involved in their JISA can be a good opportunity to teach them the value of saving and investing at an early age.
Pay in your way
You can keep adding to the JISA when it suits you, up to the maximum ISA allowance each tax year (currently £9,000). Payments can either be regular small monthly payments that fit your budget or lump sums when you have them.
How to open a Wealthify Junior ISA
Open or transfer
Get started with a contribution that works for you and add money when it suits you. You can also move an existing Child Trust Fund or JISA into a Wealthify JISA.
Decide on risk
With a quick quiz you can decide on the type of investments you're happy with.
Pick your investments
You'll then get to choose from five Original Plans ranging from cautious to adventurous, or you can opt for an Ethical Plan.
Manage it easily
Your online dashboard will let you check the performance of your investments 24/7.
Wealthify charges
Account fee
There's an annual fee of 0.6% a year for managing your JISA.
Trading fees
Wealthify Investment Plans have fund and trading fees of approximately 0.16% for Original Plans and 0.70% for Ethical Plans.
Transaction fees
There are no charges to make deposits, withdrawals and transfers, or fees to close your Wealthify account.
Things to consider before applying for a Wealthify JISA
It’s for the longer term
Market movements that go up and down are a normal part of investing. Leaving the money invested, for five to ten years or more, gives it the best chance to grow. Remember, no investment is guaranteed to deliver returns.
It's managed for you
You don’t need to be an expert to get started. Your child’s account is looked after by Wealthify’s expert Investment Team, who monitor the Plan and decide where to invest the money.
It's your child's money
Once money has been deposited, you won't be able to take it out again, except in exceptional circumstances. The money in a Junior ISA belongs to the child and can only be accessed when they turn 18.
Learn about Junior ISAs
We have a range of simple guides and tools that can help you understand more about saving for your children.

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Strategies
Ways to save money for your children
Should you use a JISA or your own ISA to save for your kids?
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ISA calculator
Work out the returns on investing with an ISA.
Compound interest calculator
See how your money could grow over time.
Inflation calculator
Understand how inflation affects savings and investments.
Frequently asked questions
Who can open a Junior ISA?
Junior ISAs can only be opened by the parent or legal guardian of a child under the age of 18 who fits the eligibility criteria. Once opened the parent/guardian will become the registered contact for the account. Check the Wealthify JISA FAQs for more details.
The registered contact is the only person authorised to make decisions about the management of the account and must keep Wealthify informed if the child’s personal details change.
When the child turns 18, they become the registered contact and their Junior ISA will change into an adult ISA. They can keep investing, move it elsewhere, or withdraw some or all of it.
Who can have a JISA?
Junior ISAs are available to children who:
- Are under the age of 18
- Are residents of the UK, or are dependants of a crown employee (e.g. army employee based overseas)
- Don’t already have a Child Trust Fund (CTF)
You can transfer your Child Trust Fund over to a Junior ISA, but your child cannot have a CTF and a Junior ISA at the same time. When transferring a CTF to a Junior ISA, the full balance must be transferred.
Who is Wealthify?
Wealthify is part of the Aviva Group and is authorised and regulated by the Financial Conduct Authority (FCA). Your child’s money is held securely under the scheme in the event of the insolvency of Wealthify.
Wealthify is also authorised by the Financial Services Compensation Scheme (FSCS), meaning up to £85,000 your child’s money may be protected under the scheme.
It’s important to remember that the value of your investments can go down as well as up and you may get back less than you invested.
All assets in Wealthify’s Junior ISAs will be held in accordance with the FCA's Client Asset (CASS) rules; meaning all parties hold your cash securely and separately from their own. For more information, please read Wealthify's Investment Terms and Conditions.
What are the charges for a Wealthify JISA?
You can find details of the fees that Wealthify charge here.
Open an Aviva Stocks & Shares ISA
Invest in a tax-efficient way. Use your £20,000 ISA allowance and start from just £25 a month.
Invest with Wealthify
Choose from a range of options from cautious to adventurous with a Wealthify ISA or Investment Account.
Open an Aviva Investment Account
An Aviva Investment Account is a flexible way to invest beyond your ISA.