Triodos Ethical Junior Cash ISA
Ethical tax-free savings account for your child
- A savings account that allows your child to build up tax-free savings
- 2.00% tax-free (2.01% AER*) variable interest rate
- Start saving with as little as £1 up to a maximum limit of £3,720 a year
- Easily transfer an existing Junior ISA to this product
- No withdrawals are permitted until the child’s 18th birthday
*Rates correct as of 27 February 2012. Interest rate quoted is Annual Equivalent Rate (AER) and illustrates what the interest rate would be if interest was paid and compounded once each year. Tax-free is the contractual rate of interest payable where the interest is exempt from income tax. The favourable tax treatment for Junior Cash ISAs could change.
Sustainable, tax-free savings for children
Our Triodos Ethical Junior Cash ISA is a great way to help your child build up their own tax-free savings, whilst learning about ethical principles. When the child turns 18 the Junior Ethical Cash ISA will automatically become a Triodos Cash ISA, allowing them to continue to save tax-free into adult life.
Make it ethical
By choosing our Junior cash ISA, children get much more than just a competitive savings rate to start them off in life, it's an opportunity to change the world for better. Young people under 18 can save up to £3,720 a year, completely tax-free ethically. And if you're aged 16 to 17 you can open one yourself.
Know how we use your savings
At Triodos, we believe being ethical means being open and honest. We publish a list of every organisation we lend to, so you know exactly where your money goes. No other bank offers you such a clear link between your savings and the positive difference they make.