Apply for a Junior ISA
The Junior ISA can be set up by parents/guardians for children under 18 years of age. Children aged 16 and 17 can open a Junior ISA themselves. Monthly contributions or lump sum investments must be paid from a UK bank account.
Our Junior ISA is provided by Foresters Friendly Society, which owns POIS. When you begin your application, you’ll be taken to the Foresters Friendly Society secure application page.
If you already hold a Junior ISA with Foresters (taken out before 6th April 2020) and are paying a monthly contribution of less than £26, please call us on 0800 622 417 if you wish to open a Junior ISA for an additional child at the same monthly amount. The minimum monthly amount you can set up online is £26.
You can also move money from other savings such as a Child Trust Fund or another Junior ISA by selecting the Transfer option when applying online, then print and return the Transfer form provided to us by post so Foresters Friendly Society can process your transfer request. If you would prefer to do this just by post, please call us on 0800 622 417 so we can send the forms you’ll need.
Opening a Junior ISA
with a lump sum from £500 or from £26 per month
What will I need to apply online?
- The child’s details
- UK bank account name, number and sort code – if you wish to set up a monthly payment
- Your debit card details – lump sum payments can only be made via a debit card which must be in your name and linked to a UK bank account
- If you are aged 16 or 17 and opening a Junior ISA for yourself you will also need your National Insurance number.
Please note
During periods of extreme investment market volatility, we might need to apply a Market Value Reduction (MVR) when you withdraw some or all of the money in your plan in order to protect remaining members within our Order Insurance with profits Fund. A small proportion of plans that have invested in our fund in previous years have an MVR applied to them but no MVR is currently in place for plans taken out in 2023.
An MVR is an adjustment that can be applied to the value of your investment if you choose to cash-in or withdraw from your plan during volatile investment conditions, reducing how much you get back. It ensures that everybody gets their fair share of the returns from a with profits fund and is designed to protect members who do not take their money out of the fund during poor market conditions.
It’s important to remember that this savings plan is a longer-term investment, which is designed to be held over many years.
Past performance is not a reliable indicator of future results however stock market and alternative investments have historically tended to outperform money held in cash savings accounts, e.g. cash ISAs, over the longer term.
We do not offer financial advice. If you would like to speak to a Financial Adviser regarding the suitability of the Junior ISA please do, however they may charge for their advice.
Once your application has been submitted, you will be sent information about your right to change your mind. You can read details of our cancellation and refund policy here.
We accept the following debit cards:
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