At age 18
On their 18th birthday your child’s Junior ISA will mature and automatically roll into an Adult ISA.
At this point they will be the person responsible for managing the Plan, as stated by the Government. This means you will no longer be managing the Plan, and therefore cannot make any updates. Further contributions from yourself and family can no longer be made, until your child signs an ISA declaration – this is easy and can be done online by making a contribution.
If you are the Registered Contact, you will receive the final statement on their 18th birthday. Going forward any Plan value information can only be shared with the Planholder, your child. We will not disclose this information with anyone else – no matter how long they have been contributing to the Plan for.
If you are the Registered Contact, or any payer has a MyPlans account, when your child turns 18 you will no longer see the Plan online.
Check your child’s details with us are up-to-date. Your child can update their details on their MyPlans account. As the Registered Contact you cannot make any changes to the Plan once your child is 18.
✔ Email address
Your child will need their own email address to set up their MyPlans account.
✔ Bank Account
If your child wishes to take some or all of the money, they need to have a bank account in their own name. Your child is the only person who is entitled to the money, and therefore it cannot be paid into anyone else's bank account. Find out what happens with an encashment >
Staying safe online
We take the security of yours and your child’s personal details, personal and financial information very seriously. No matter how sophisticated our controls are, we can’t do it alone.
Ensure your child avoids sharing their Plan details, or their MyPlans account via messages, images and/or videos online, including social media. This information can be viewed by the public, which could include criminals who will take advantage of your data. Here are some tips to keep safe online and prevent fraud >