As your grandchild grows up, you'll watch as their ambitions and dreams grow too. Wouldn't it be great to put some money away regularly that could grow with them?
Some reasons to invest
A timeless gift
Gifts can be outgrown, but investing for their future can last beyond birthdays and Christmases - and when they come of age they'll remember you for it.
Give them a better start
Savings and investments can help you give them a better start for when they venture out in adult life.
Mind the gap
Invest regularly for the financial freedom to let them follow their dreams, whatever their adventure - from a gap year travelling the world to advancing their education.
Invest in their future
There are many reasons why you might want to start putting money aside for your grandchild's future. An Investment ISA offers a tax-free way of investing, putting your money to work using the long-term growth potential of the stock market. Investment ISAs should be considered medium to long-term investments, of at least 5 years but ideally 10, to give your money access to the growth potential of the stock market.
My Choice (ISA) is an Investment ISA that lets you use your ISA allowance to invest for them - it's in your name, so you choose how and when they spend it.
You can choose how much to invest in plans that start from £10 a month and/or a £100 lump sum, or from £100 a month and/or an initial lump sum of £2,000.
You can have a plan for each of your grandchildren - and raise, lower, stop and restart payments at any time.
Remember the value of investments can go down as well as up, and you could get back less than you've paid in. Tax-free means the funds grow free from tax, with the exception of tax we've already paid on your behalf (such as dividends from UK shares).
Tax treatment depends on individual circumstances. Tax law may change in the future.