Bath Building Society now accepting Junior Cash ISA transfers

Bath Building Society has announced it is now accepting transfers into its Junior Cash ISA.

The product is currently available to loyal customers and under 18s who live, work or study in Bath.

The move allows both new and existing Members to bring Junior ISA balances from other providers directly into their Bath Building Society Junior Cash ISA.

The Society says its Junior Cash ISA is a great way to save tax-free for a child’s future, with an allowance of up to £9,000 this year and the next tax year.

Emma Davis, Chief Customer Officer, said, “We know our Members want simplicity, transparency and control over their savings. By accepting Junior ISA transfers in, we’re making it easier for people to consolidate their tax-free savings with a local savings provider they trust.”

Members can transfer existing Junior ISAs from banks, building societies or other financial institutions without affecting their current year ISA subscription allowance.

Transfers in will be available on the full range of cash ISA products next month in time for the new tax year.

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