Who can open a Junior ISA?

Who can open a Junior ISA?

So many of us want to help our children invest for the future, but it can be hard to pick the right way. A Junior ISA could be a great way to start a nest egg for your kid.

Can both parents open a Junior ISA?

Any parent or guardian with parental responsibility can open a Junior Individual Savings Account (Junior ISA) for a child under the age of 16. Adoptive parents, step-parents, and other non-related guardians can also open a Junior ISA for their child. 

Can a grandparent open a Junior ISA?

A grandparent can only open a Junior ISA for their grandchild if they have parental responsibility for them. If you want to help start a Junior ISA for a grandchild but don't have parental responsibility, you can arrange this with the child’s parent or guardian. Of course, any friend or relative can help contribute towards a Junior ISA to help support your child's financial future if they want to.

When can my child access the JISA money?

Your child can access the money in their Junior ISA once they're 18. 

Since your child can only access their Junior ISA money at 18, getting a Junior ISA can help give you a chance to teach your teen about saving, investing and finances. CBI Economics analysis highlights that 40% of adults who had no financial education say they have no money in savings. Teaching your children about saving and investing can be very helpful for their financial habits in the long run.

Can I open a Junior ISA online?

Yes, you can easily open a Junior ISA online. Most banks and organisations that offer ISA options let you apply to open a Junior ISA online, though you might need some form of ID. If you already have the GoHenry app, it only takes a few minutes to open a Stocks and Shares Junior ISA with us. You can also find cash Junior ISAs from other providers, most of which can be opened online.

How do I open a Junior ISA account?

You can easily open a Stocks and Shares Junior ISA for your child using the GoHenry app. Once you've opened the Junior ISA, you can use the GoHenry app to manage the Junior ISA. You can keep an eye on the balance and manage any payments into the Junior ISA. 


Over 70% of kids in the UK say that earning their own money is important. Opening a Junior ISA is a great option to then help them invest that hard-earned cash for the future.


GoHenry kids get access to a broad range of financial education tools. Children get access to in-app Money Missions, where they can watch videos and take quizzes to learn about money basics, investing, saving, compound interest, borrowing, giving, and more. You can set regular pocket money payments to your child, assign chores and more in your parent app - while kids earn, save, spend & give safely using their own app and prepaid debit card


When the time comes for your kids to get access to their Junior ISA funds, they should be equipped with the money skills they need to manage the money wisely.





Capital in a Stocks & Shares Junior ISA is at risk; the value of your investment can go down as well as up. Tax treatment depends on your individual circumstances and may be subject to change. 


For informational purposes only. 

The information provided is not intended to be investment, tax or legal advice - nor does it claim to be comprehensive. Speak to a professional, if you're unsure about whether investing is right for you. We do not endorse any third parties referenced.


Junior ISA rules and T&Cs apply. Investment services provided by gohenry Family Finance Limited, an Appointed Representative of Resolution Compliance Limited which is authorised and regulated by the Financial Conduct Authority: (FRN: 574048). 


Written by GoHenry Published Mar 24, 2022 ● 4 min read