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JISA and Help to Buy ISA

Is it possible for a 17 year old to have a S&S JISA and start a Help to Buy ISA? I know she's allowed a S&S JISA and an adult cash ISA, but can't find anything relating to the Help to Buy ISA.

Comments

  • eskbanker
    eskbanker Posts: 40,476 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    https://www.helptobuy.gov.uk/help-to-buy-isa/faq/:
    Who can open a Help to Buy: ISA?
    Anyone who is over 16 and a first time buyer.

    https://www.moneysavingexpert.com/savings/junior-isa/#rule10:
    Those aged 16 or 17 can have both a junior ISA AND an adult cash ISA or Help to Buy ISA
    When a child turns 16 they can also open a normal cash ISA OR a Help to Buy ISA as well as a junior ISA (however, they cannot open an adult stocks & shares ISA or a Lifetime ISA until they are 18).

    So 16 and 17-year-olds can have a bigger tax-free savings allowance than any other group. At 18, any normal cash ISAs can be merged with the ex-junior ISAs, providing one of them accepts transfers in – see the Cash ISA Transfer guide for full details.
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