Junior ISA from Lloyds Bank
Protection
FSCS
Up to £120,000
Min balance
£1
Max balance
£9,000
Access
Locked until 18
Interest paid
Annually
Transfers in
Accepted
Please verify all details with the provider – for more info read our Disclaimer
Want to know how much interest you will receive with Lloyds Bank's Junior Cash ISA?
Estimated interest
£1,000 saved
£23.50
At 2.35% AER
£5,000 saved
£118
At 2.35% AER
£9,000 saved
£212
At 2.35% AER
Estimated over one year, assuming the rate stays the same and interest stays in the account. Amounts outside this account's minimum or maximum balance are left out.
This account suits parents or guardians looking for a simple, tax-free home for a child's savings, and it accepts transfers in from existing Junior ISAs which is genuinely useful if you want to consolidate. The rate sits at 2.35% AER, which is the same as the Halifax and Bank of Scotland Junior Cash ISAs, so there is no particular rate advantage in choosing Lloyds over those two if your child already banks elsewhere. The real catch to keep in mind is that the money is locked until the child turns 18, so this is not somewhere to put funds you might need to access in an emergency.
Similar accounts from the same category, closest on rate.
DepositScout Alerts
2 minutes ago
A top provider just cut their rate. Here's what you need to know about the latest market shift.
Join 1,000+ savers using DepositScout who get instant email alerts when top UK savings rates change. Never miss out on a better deal again.
