Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

    • ruby1308
    • By ruby1308 6th Dec 17, 12:05 PM
    • 1Posts
    • 0Thanks
    Opening ISA in Childs name
    • #1
    • 6th Dec 17, 12:05 PM
    Opening ISA in Childs name 6th Dec 17 at 12:05 PM
    I want to open up an ISA in my child's name and have control of the money. They are nearly 18. Is there an account I can do this with online? Thanks
Page 1
    • pramsay13
    • By pramsay13 6th Dec 17, 12:11 PM
    • 409 Posts
    • 852 Thanks
    • #2
    • 6th Dec 17, 12:11 PM
    • #2
    • 6th Dec 17, 12:11 PM
    For the Junior ISAs the child can take control of the account at 16 and withdraw money at 18.
    Any account in your child's name they will be free to do what they want with it at 18.
    So if you just want control of it in the time being then any Junior ISA will do the job and you can open many of them online.
    If you want control of it beyond that then no, you would have to open the account in your name or use existing account and gift the money as and when you desire.
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

665Posts Today

6,657Users online

Martin's Twitter