How do I Open a JISA?
A Junior Individual Savings Account (JISA) is a long-term, tax-free investment account designed to help give your child a financial head start in life. Every child living in the UK – from birth up to age 18 – is eligible for their own JISA, and for the 2025/26 tax year, you can save up to £9,000 per child, completely tax-free.
Imagine investing the full JISA allowance of £9,000 every year from birth until your child turns 18, with a modest 5% annual return (compounded). Here’s what that could look like:
Total Contributions:
£162,000 (over 18 years)
Estimated Value at 18:
£266,000+
That’s over £100,000 in growth
all tax-free – enough for university fees, a deposit on a home, world travel, or even so they can start a business.
- Tax-Free Growth
- Investment in Their Name and a solid foundation as she/he steps into adulthood.
- At age 18, the JISA automatically becomes an adult Stocks & Shares ISA with a higher allowance of £20,000/year (2025/2026 annual allowance)
- At age 18, the JISA automatically becomes an adult Stocks & Shares ISA with a higher allowance of £20,000/year (2025/2026 annual allowance)
To open a JISA, simply create your SCM Direct account, then fill out our secure JISA application form. You’ll need to be the parent or legal guardian of the child and a UK resident.
Minimum initial investment is £9,000, and your child must be under 18 and living in the UK.
Already have a JISA elsewhere? You can easily transfer it to SCM Direct to benefit from our investment-led approach.
