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Junior ISA
The money in a Junior ISA is safe until child turns 18
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Children's savings account

Download key product information
  • Child must be UK resident, aged 17 or under
  • Open with £1 in branch today
  • Junior ISA allowance is £9,000 per tax year
  • Funds available when the child turns 18
  • Tax-free interest paid on 5th April each year

Account name

Junior ISA.

What is the interest rate and is it fixed?

The annual interest rate is currently set at 4.75% tax-free p.a./AER variable*. The interest on this account is variable, this means that it can go up or down. The basis on which we might change your interest rate is set out in our savings terms and conditions.

Will I be taxed on the interest?

No. The interest you'll receive will be tax-free.

Is there a bonus on this account?

No, there is no bonus payable on this account.

Can I withdraw money?

No, withdrawals are not allowed during the term of the account. Transfers out to other Junior ISA providers is allowed.

How can I open an account?

To open an account call your local branch and speak to an adviser who can book an appointment for you.

Are my savings protected?

Your eligible deposits with Nottingham Building Society are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit protection scheme.

Additional information

This account may be withdrawn at any time. There are other savings accounts available with Nottingham Building Society and other banks and building societies. Subject to withdrawal conditions you can switch accounts at any point. You can read our savings terms and conditions here.
See more children's accounts

Current interest rates from 30 Sep 2024

Balance Tax-free p.a/AER*
£1 - £750,000 4.75%

Previous interest rates from 13 Mar 2024

Balance Tax-free p.a/AER*
£1 - £750,000 4.85%

Good to know

Your savings are covered by the Financial Services Compensation Scheme (FSCS), so your savings are protected. The scheme was set up by the government and is funded by the industry. Savers could get up to £85,000 if their bank or building society goes out of business.

Find out more
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Open a savings account today

To open one of our savings accounts call your nearest building society branch to book an appointment.

Find your nearest branch

Who are Nottingham Building Society?

As a mutual building society, you own us, not shareholders. That means we pass our profits and extra benefits directly to you instead of paying dividends.

Read more about us

How do I open an account?

To open one of our savings accounts call your local branch to speak to an adviser. They'll talk you through the process of opening a branch based account.

Call your nearest branch

Savings FAQs

Scratching your head about savings? Take a look at questions that our members frequently ask us, which you might also find helpful.

Savings FAQs