Junior bond

louloubelle79

Hello
Can anyone explain if it's worth me opening junior bonds for my two children or putting the money into their CTF (age 8) or JISA (age 6) instead ?
Thanks

eskbanker

Not sure I understand your question, what exactly do you mean by 'junior bond'? NS&I used to offer Children's Bonds but they're not on sale anymore, is that what you were thinking of perhaps?

To cut to the chase, which specific products are you looking to compare?

justme111

can you specify what provider offers those bomds and what their exact name

louloubelle79

Hi this is what I was looking at

https://www.onefamily.com/savings-and-investments/children/junior-bond/

Tom99

I would have thought a S&S JISA would be better.

The ongoing charges and the actual shares invested in are not very clear with the bond you are looking at.

louloubelle79

Tom99 wrote: »

I would have thought a S&S JISA would be better.

The ongoing charges and the actual shares invested in are not very clear with the bond you are looking at.

Thank you :money:

justme111

high charges , too low maximum amount (270/year)
the only aspext that would have been of interest is possibility for them not to have it until they are 25 but I am not sure whether they could have it earlier anyway if they wanted to