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Dudley Building Society > Savings > Junior Cash ISA

Cash Junior ISA

Notice to Savers: New savers, who are opening a savings account for the first time, must open the account in person at a branch or agency of Dudley Building Society. This does not apply to existing Dudley Building Society savers.

Interest Rates (Effective from 01/11/2011)
Amount*Annually Gross % PA*Annually Net % PA*Monthly Gross % PA*Monthly Net % PA*A.E.R.% PA
Main Features
Available To:UK residents born on or after 03/01/2011 or those who were born before 01/09/2002, are aged below 17 and who do not have a Child Trust Fund. 
Investment:Minimum £100.
Maximum £4,000 per tax year.
Withdrawals:No Withdrawals or closure are permitted with this account until the account holder reaches the age of 18.
Interest:The interest rate on this account is variable.  Interest is paid annually on 30th September.
Other Criteria:The account must be opened and operated by a registered contact who will have parental responsibility for the child.  After the age of 16 the young person can open a Cash Junior ISA and be the registered contact in their own right.
Important InformationThe maximum overall subscription is limited by HM Revenue & Customs and is currently £4,000. This amount can be invested in either a Cash Junior ISA or a Stocks & Shares Junior ISA or be divided between the two. The maximum overall subscription must not exceed £4,000. 


  • AER stands for Annual Equivalent Rate and illustrates what the Interest rate would be if interest was paid and added each year.
  • Gross is the interest paid before the deduction of income tax at the rate specified by law.
  • The interest rate is variable and not linked to any of the Society's other savings rates.
  • This information should be read in conjunction with the Savings Terms and Conditions, Members Guide and the Interest Rate Guide.
  • Full Terms and Conditions of Dudley Building Society savings accounts are available on request.
  • Full details of the Statutory Rules and Regulations applicable to the Junior Cash ISA are available on request.
  • Further information about Junior ISAs can be obtained on the HM Revenue & Customs website