We all want our kids to get the best possible start in adult life and a Junior ISA could help build a long-term investment for them.
When they turn 18 it could provide a handy cash sum for whatever they want - from a deposit on their first house, to paying for university costs.
Keep in mind stock market investments can go down as well as up, so your child could get back less than you've paid in. If the child withdraws money before the end of 5 years, there will be a £50 deduction from the withdrawal value.
Tax treatment depends on individual circumstances and tax rules could change in the future.
My Select (Junior ISA)
Use your child's Junior ISA allowance to invest for their future.
A selection of eight funds to choose from, so you can tailor your child's investment.
From £10 a month or more, a lump sum from £50 or transfer in from another Junior ISA provider.
It's easy to start managing your child's Junior ISA online with My Plans. But if you need some help getting things done, or aren't sure where to start, we've lots of FAQs and tutorials to get you going.