At Nationwide we want to make it easy for children to save so we have created a range of children's savings accounts. Our Smart cash Junior ISA is designed to help give children a helping hand when they reach 18 by building up tax-free savings they can then use for whatever they are dreaming of, whether it's going to university or a deposit for their first house.
The government has proposed changes meaning that from 1 July 2014 the annual 2014 / 2015 Junior ISA allowance will be increased from £3,840 to £4,000.
The good news is, whether you are an existing Junior ISA customer or intend to take one out ahead of the proposed changes, you'll be able to use your higher £4,000 Junior ISA allowance at Nationwide from 1 July 2014. Find out more