We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Can a child have multiple JISAs opened for it?
Options

ShinyStarlight1
Posts: 151 Forumite

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.
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.
0
Comments
-
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
1 -
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
1 -
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
https://www.gov.uk/junior-individual-savings-accounts/add-money-to-an-accountAnyone 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.
3
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 350.7K Banking & Borrowing
- 253K Reduce Debt & Boost Income
- 453.4K Spending & Discounts
- 243.7K Work, Benefits & Business
- 598.4K Mortgages, Homes & Bills
- 176.8K Life & Family
- 256.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards