Cash ISA or Junior ISA
Discussion
I want to put some money away for when the as yet unborn Hackney Jnr turns 18.
I'd originally looked at a cash ISA - I'm not looking at snaffling loads away, £50-£100 per month - but then spotted Junior ISAs which are targeted at people like me. However comparison sites actually can't compare them because they're investments so I'm comparing companies I've not heard of based on their website rather than data. Companies like Scottish Friendly, Family Investments and Hanrgreaves Lansdown to pluck a couple from Moneysupermarket.
On the other hand I can get almost 3% for a normal cash ISA, and by the look of it I (rather than Jnr have the access, so I could change my mind at a later date)
Any had / have a Junior ISA?
Any advice on which to choose, or other options?
Cheers
I'd originally looked at a cash ISA - I'm not looking at snaffling loads away, £50-£100 per month - but then spotted Junior ISAs which are targeted at people like me. However comparison sites actually can't compare them because they're investments so I'm comparing companies I've not heard of based on their website rather than data. Companies like Scottish Friendly, Family Investments and Hanrgreaves Lansdown to pluck a couple from Moneysupermarket.
On the other hand I can get almost 3% for a normal cash ISA, and by the look of it I (rather than Jnr have the access, so I could change my mind at a later date)
Any had / have a Junior ISA?
Any advice on which to choose, or other options?
Cheers
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