Can a child have multiple JISAs opened for it?

ShinyStarlight1

My grandson’s parents opened a cash JISA for him when he was born and they make regular monthly payments into it.

Would they be allowed to also open an investment JISA for him so that I can intermittently pay into that for him? That would mean fresh payments would be going into both types of JISA each year.

daveyjp

Yes, but the maximum investment amount will be shared.  So you can have a max of £9k invested this year across both types.

https://www.gov.uk/junior-individual-savings-accounts

DavidT67

No, a child can only ever have a single Cash JISA and a single S&S JISA. 

From second page of link above.

Your child can only have:

• 1 cash Junior ISA
• 1 stocks and shares Junior ISA

eskbanker

DavidT67 said:

No, a child can only ever have a single Cash JISA and a single S&S JISA. 

From second page of link above.

Your child can only have:

• 1 cash Junior ISA
• 1 stocks and shares Junior ISA

So that should be "Yes, a child can have both a cash JISA and a S&S JISA" (which is what's being proposed here), and both can be funded in the same tax year:

Anyone can pay money into a Junior ISA, but the total amount paid in cannot go over £9,000 in the 2024 to 2025 tax year.

Example

If your child has £2,000 paid into their cash Junior ISA from 6 April 2024 to 5 April 2025, only £7,000 could be paid into their stocks and shares Junior ISA in the same tax year.

https://www.gov.uk/junior-individual-savings-accounts/add-money-to-an-account