Junior ISAs capture the imagination at last

13th February 2012
Unsurprisingly the ISA season has brought the spotlight to the Junior ISA for the first time since it’s rather underwhelming launch in November last year. Of course it is a chance for providers to pull out the marketing stops and there is no better example than the Halifax offering a potential 6%. In order to earn that staggering rate you also need to have an adult ISA with Halifax! So you won’t be earning a market leading rate on your adult ISA money but the interest on your child’s ISA could more than make up for it. If you don’t fancy sacrificing some of your interest for your child, the best of the rest are offering 3% tax free.

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