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Can one child have both a cash JISA and a stocks and shares JISA?

Updated today

Yes! A child can hold one of each type simultaneously, but the annual allowance applies across both per relevant tax year.

So you could pay £4,500 into the child’s cash JISA and another £4,500 into the child’s stocks and shares JISA, for a total annual contribution of £9,000 for the whole tax year.

The Freetrade stocks and shares Junior ISA (JISA) is coming soon! Keep an eye on your emails or theFreetrade website for updates.

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