Savings & Investments

Junior ISA

Take the first step towards tax-free saving for your child

JISA2015AprilWherever your children are heading, you can get them off to a great start by opening a Junior ISA. It gives you the opportunity to make the most of tax-free saving and put away up to £4,260 for each child, each year.

It's a great way to give them a helping hand, with a pot of money when they reach 18 that they can use for whatever's most important to them - whether it's going to university, buying their first car, or a deposit for their first home.

5 reasons to choose our Junior ISA

  1. Tax-free savings - no tax to pay on the interest that's earned
  2. Easy to start - you can open an account from just £1
  3. Easy to save - deposit a lump sum, or make regular payments
  4. A great interest rate - check our Savings Interest Rates leaflet for current rates
  5. A safe and secure home for your child's savings

Tax free. A brighter way to save.

You can open a Junior ISA with any amount, from just £1. And because each and every £1 you put into your child's ISA earns tax-free interest, it can quickly add up.

Junior ISAs are tax-free savings accounts for children aged under 18 who don't have a Child Trust Fund. It gives you a simple and affordable way to save for your child's future. And other people can save into your child's Junior Cash ISA too. So it's a chance for grandparents, relatives and friends to help boost your child's savings - as long as total payments into the Junior ISA in each tax year don't exceed the annual limit, currently £4,260.

The funds can't be withdrawn from the account until your child's 18th birthday. Then, the Junior ISA becomes an adult ISA - and your child can withdraw the money and close the account, or continue to save with their adult ISA.


Ready to apply?

Completed applications can be returned to any branch or local office, along with proof of identity  and initial deposit.

Alternatively, you can post your application to:

Scottish Building Society
SBS House
193 Dalry Road
EH11 2EF

Member Enquiries

To talk to us about an existing savings or mortgage account, contact your local office.

Contact your local office

 New Savings Enquiries

0345 600 0585

New Mortgage Enquiries

0345 600 4085

 Lines open 9-5 Mon to Fri (10-5 Wed) and Sat 9-12.
Calls may be recorded and/or monitored.