Junior Cash ISA

These rates apply from 7 November 2011.

Gross % rate is the contractual rate of interest payable before the deduction of income tax at the rate specified by law.

Net % rate is the rate of interest payable after allowing for the deduction of income tax at the appropriate rate from the gross rate.

AER % stands for the Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. 

Junior Cash ISA

Product features

• Interest paid tax free
• Save for your child's future
• Save from £10 up to the current subscription limit of £3,600 (please make cheques payable to yourself not Leek United)
• Open to all UK resident children under the age of 18
• Variable interest
• Interest paid annually on 1st January

Terms and conditions relating specifically to this account must be read in conjunction with our Statement of Practice Investors leaflet, which details generic terms and conditions relating to all of our savings accounts.

Download a Junior Cash ISA application form

Please make cheques payable to yourself not Leek United

Details of the Financial Services Compensation Scheme can be found in the 'Other Information' section on the left of this page.

Transferring your Junior Cash ISA

If you wish to transfer your Junior Cash ISA either to, or from, Leek United, please contact our Savings Department on 0800 093 0002. 

For information only

As well as a Leek United Junior Cash ISA, there are other ways to make the most of your Junior ISA allowance.

From 1 November 2011 through to 5th April 2012, a full year subscription of £3,600 can be made and the same amount in the 2012/13 tax year. In future years the allowance will increase in line with the Consumer Price Index (CPI). 

All or some of this can be invested in a Junior stocks and shares ISA, but the combined annual subscription of a junior cash ISA and stocks and shares ISA must not exceed £3,600.