Under 18 Stocks and Shares ISA?
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Alexandrovich
Posts: 13 Forumite
Hello!! I was wondering if yoyu could list some banks that offer a junior stocks and shares isa?? The min I would want is £20 to be deposited
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Comments
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I wouldn't touch a bank for s&s even if you could find one that offered one like that.
Most have limit of £50pm. Try hl.co.ukRemember the saying: if it looks too good to be true it almost certainly is.0 -
The only way under 18s / their parents and guardians on their behalf can put money into investments with tax wrappers is through a JISA. Which will morph into an ISA when the account holder turns 18.
The terms and conditions of the JISA prevail, so you need to check what they say in detail about the transition to an ISA.
Banks are almost certainly the worst places for a JISA, if they even offer them. Also, the tax wrapper (JISA/ISA) is secondary to the actual investment.0 -
http://www.juniorisas.co.uk/stocks-and-shares-junior-isa
Something here might suit.0
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