Why transfer to a Bestinvest Junior ISA?
Easy management
Link Junior ISAs to your own Bestinvest account and keep track of everything in one place.
Choose your own investments
Pick your own investments or choose one of our Ready-made Portfolios.
Let friends and family contribute
Once the account has been set up anyone can contribute to it by bank transfer.
What can I transfer to the Bestinvest Junior ISA?
- Junior Stocks & Shares ISAs
- Junior Cash ISAs
- Child Trust Funds
You'll need to be the registered contact for the Child Trust Fund or Junior ISA to initiate a transfer.
How to transfer to a Bestinvest Junior ISA
Before you start a transfer to Bestinvest, you should check with your current provider for any loss of benefits or potential exit fees.
Transferring a Junior ISA from another provider to the Bestinvest Junior ISA
1. Open a Junior ISA account for your child online
You'll be asked a few details about your child so we can create their account online - this can take as little as 10 minutes to complete.
Start a Junior ISA online application
2. Complete a Junior ISA transfer letter of authority form
You'll need to know details of your current provider and let us know if you want to move the existing investments held in the current Junior ISA account or transfer it as cash.
Download Junior ISA transfer letter of authority form
3. Return the form to us
You can send the completed form to us via:
- Email: best@bestinvest.co.uk
- Post: Bestinvest, Second Floor, Liver Building, Pier Head, Liverpool L3 1NY
You don't need to tell your current provider you're transferring, we'll do that for you. If there's anything we need from you to progress the transfer we'll get in touch.
Transferring a Child Trust Fund to the Bestinvest Junior ISA
- Complete step 1 as above by opening a Junior ISA account online for your child.
- Complete a Child Trust Fund to Junior ISA transfer authority form and return it to us by post or email.
Download Child Trust Fund to Junior ISA transfer authority form
Junior ISA transfer FAQs
Who can open a Junior ISA for a child?
A parent or guardian can open and manage a Junior ISA until the child turns 16, at which point the child can take control of the account. The child cannot withdraw funds until the age of 18. Anyone can contribute into a Junior ISA, making them a great option for grandparents, other family and friends.
Does it cost anything to transfer ISAs to Bestinvest?
No, it’s free to transfer ISAs to Bestinvest. One of the many benefits of consolidating your ISAs in our Stocks & Shares ISA is that we also pay up to £500 for exit fees applied by your existing provider (subject to terms and conditions).
How long does a Junior ISA transfer take?
This can vary from provider to provider, but you can rest assured that we will work closely with your current providers to ensure that your Junior ISA transfer is completed as quickly as possible.
In general, with our electronic transfers, existing Junior ISAs and Child Trust Funds can be transferred to a Bestinvest Junior ISA in just one week. Faster transfer times mean there is less time spent out of the market. But some providers still require manual transfers – these can take up to eight weeks to complete.
