Newcastle Big Little Junior ISA

Junior ISAs were introduced late 2011 and are available to any child who was not eligible for a Child Trust Fund. You can use them to build a nest-egg for your children which will be given to them once they turn 18.

You may already be saving for your children's future, but if the amount a parent invests means that the child receives more than £100 interest a year, then this interest begins to attract income tax. With a Junior Cash ISA, all the interest earned is tax-free - meaning more for the little one when they're a not-so-little one!

Including Bonus 2.10% GROSS/AER*

Excluding Bonus 1.10% GROSS/AER*

How to apply

Summary Information

Summary box
Account Name	Newcastle Big Little Junior ISA
What is the interest rate?	Interest rate without bonus *Interest rate with bonus (includes a bonus of 1.00% Gross/AER)	Monthly 1.10% Gross* /1.11% AER (Variable) Monthly** 2.10% Gross* /2.12% AER** (Variable)
	Interest is paid on The interest and bonus interest are calculated daily and will be paid to the account on the Monthly Anniversary of account opening.
	Conditions for the bonus interest rate You must make at least one Deposit in each Bonus Qualifying Period. The bonus interest on your Account is variable. If you do not make an investment or you make a withdrawal during a Bonus Qualifying Period, your account will be credited with the non-bonus interest rate, currently 1.10% Gross* / 1.11% AER (variable), in that Bonus Qualifying Period.
Can Newcastle Building Society change the interest rate?	We can change the rate of interest payable on this account. The account is a variable rate account which means that the rate of interest paid may change throughout the lifetime of the account. Please refer to point 6 of the Savings General Terms & Conditions which sets out the reasons for which Newcastle Building Society may change the interest and the procedure for doing so.
What would the estimated balance be after 12 months of account opening based on a £1,000 deposit?	Monthly (Variable) - Including Bonus £2,131 This projection is based on an initial £1,000 deposit and 11 further monthly deposits of £100 and no withdrawals are made.	Monthly (Variable) – Excluding Bonus £1,011 This projection is based on an initial £,1000 deposit and no further monthly deposits and no withdrawals are made.
	This projection is provided for illustrative purposes only and does not take into account customer’s individual circumstances.
How do I open and manage my account?	Opening your account In branch. You can also request product information by calling us.
	Giving us instructions for your account In branch, by post, or by telephone.
	Minimum Opening Deposit: £1 Maximum Opening Deposit: £1,000 The maximum investment in one tax year is subject to the Junior Cash ISA allowance. Transfers of previous and current years Junior ISA subscriptions from other Junior ISA providers are also permitted. Transfers are subject to the child not holding 2 accounts of the same type at the end of the transfer process. (ie stocks and shares or cash JISA). Minimum Regular Monthly Deposit for the bonus interest rate: £1 Maximum Regular Monthly Deposit for the bonus interest rate: £1,000 Maximum Account Balance: No maximum balance.
Can I withdraw money?	Withdrawals are not permitted until the child’s 18th Birthday. Transfers to other Junior ISA providers are permitted penalty free. Partial transfers are not permitted.
Additional information	Tax Status: Interest will be paid gross*.

Terms and Conditions

Please make sure you've read the terms and conditions before applying

Ways to Apply

Post

Please give us a call on 0345 734 4345 and we will post an application form to you.

Apply by Post

Branch

Visit your local branch with proof of identity and residence and we'll open the account for you.

Apply in Branch

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