Open a Junior ISA

Before opening a Junior ISA, you should be:

• Comfortable choosing your own investments on behalf of your child

• Confident making long-term investment decisions

• Free from significant debt (other than a mortgage)

• Clear on our charges and the tax benefits of a Junior ISA

• Over the age of 18

• Applying on behalf of a child under the age of 18 as someone with parental responsibility for that child

• Applying on behalf of a child who is UK resident for tax purposes

If you’re not sure which investments are right for you, please ask us about financial advice. There's no personal advice on our website.

To apply for an HL Junior ISA online you must be a UK resident, if you are not resident in the UK please contact us for more information.

What you need to know before opening a Junior ISA:

• Investments can go up and down in value so your child could get back less than is put in.

• Tax rules for Junior ISAs can change, and their benefits depend on your and your child's circumstances.

• Once money is in the HL Junior ISA, the money can’t usually be taken out until the child’s 18th birthday.

• Your child can only have one Junior Stocks and Shares ISA and one Junior Cash ISA at any one time. A child cannot hold a Child Trust Fund and a Junior ISA at the same time.

What you need to have to hand:

• Your National Insurance number, and your child’s if they have one. You can find this on your National Insurance card, a benefit letter, payslip or P60.

• Your debit card details, if you’d like to open a Junior ISA with a lump sum. The minimum amount is £100.

• Your bank details, if you’d like to set up a Direct Debit into a Junior ISA. The minimum monthly amount is £25.