Junior ISA from The Nottingham
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Child must be UK resident, aged 17 or under
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Open with £1 in branch today
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Junior ISA allowance is £9,000 per tax year
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Funds available when the child turns 18
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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 with The Nottingham? |
To open an account call your local branch and speak to an adviser who can book an appointment for you. |
Additional information |
This account may be withdrawn at any time. There are other savings accounts available with The Nottingham 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. |
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. |
You should regularly review any savings you have. See our full range of savings accounts, compare interest rates and find the right product for your goals. To open an account, call your local branch and speak to an adviser who can book an appointment for you. If you'd prefer to open an account online, take a look at the accounts that our friends over at Beehive Money currently have.
