My Choice (ISA)
Whatever your budget, we can help put the growth potential of the stock market at your fingertips to invest for your future.
Invest from £10 a month, a £100 lump sum - or both. Plus stay in control. Adjust your regular payments at any point and choose from our full range of funds.
Capital at risk.
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Winner of the Best Mutual Insurer for the 5th year running at the CFI.co 2023 awards.
Invest alongside other ISA types up to your annual £20,000 ISA limit.
Stay in control - stop, restart, increase or decrease your monthly payments anytime.
Please note that Scottish Friendly doesn’t offer a Cash ISA. Keep in mind stock market investments can go down as well as up, so you could get back less than you’ve paid in. Tax treatment depends on individual circumstances and tax rules could change in the future.
Your 10 fund investment choices
Get yourself a My Choice (ISA), and:
Your money will be invested in a My Choice investment policy within a Scottish Friendly ISA.
Take your pick from 10 funds with different levels of risk and reward to create your very own investment strategy.
The policy then invests in the fund(s) that you choose.
This information together with the Key Information Documents (KIDs) gives you an overview of each fund including any charges and should be read alongside the Product Guide.
Discover what you might get back
See how your money could grow with a My Choice (ISA) using our handy tool to provide examples.
More Scottish Friendly benefits
Scottish Friendly offers a range of benefits designed to offer you potential value. Explore the perks and our prize draw below.
My Rewards
After you invest in a new ISA, we'll send you a welcome gift - a My Rewards gift voucher worth up to £45. The table below shows the gift voucher value you would get back based on your chosen regular premium amount when you apply.
Or if you invest a lump sum only you will receive a £25 My Rewards gift voucher.
Read the full welcome gift payment terms and conditions.
My Benefits Card
As a customer of Scottish Friendly when you register for My Plans and choose to go paperless, we’ll reward you with the My Benefits card which gives you access to fantastic savings and offers from thousands of leading retailers.
My Prize Draw
When you open a new ISA or add a new policy to an existing ISA with us, you’ll automatically be entered into our prize draw for a chance to be one of three lucky winners to win back the total amount you’ve invested this tax year, up to £20,000. Exclusions, terms and conditions apply.
My Rewards gift voucher value
The more you choose to invest each month, the greater the value of your welcome gift. You can redeem your voucher at numerous retailers throughout the UK including Argos, John Lewis & Partners, and Marks & Spencer.
| My Premium | My Rewards Voucher Value |
| £40+ | £45 voucher |
| £35 - £39.99 | £40 voucher |
| £30 - £34.99 | £35 voucher |
| £25 - £29.99 | £30 voucher |
| £20 - £24.99 | £25 voucher |
| £15 - £19.99 | £20 voucher |
| £10 - £14.99 | £15 voucher |
Important info before you get started
It takes around ten minutes to apply. You’ll need your bank details and your National Insurance number to hand.
Please make sure you’ve read the Product Guide and Key Information Documents for the fund(s) you wish to select.
Scottish Friendly doesn’t provide advice. The information provided should help you decide if the plan is suitable for you. If you’re not sure whether this plan is suitable, you should contact a financial adviser. Advisers may charge for providing such advice and should confirm any cost beforehand.
To apply for this ISA you need to be 18 or over and a UK resident. For the current tax year the overall maximum you can save across all your ISA types is £20,000. Please remember that this is a medium to long term investment (of at least 5 years, preferably 10). Your investment will grow free from tax, except for any tax we pay on your behalf (such as on dividends from UK shares). Tax treatment will depend on your own circumstances and may be subject to change in the future. Investments can go down as well as up and you may get back less than you’ve paid in.
Why invest with Scottish Friendly?
We've been helping families for over 160 years
Our contact centre is based in the UK
With no shareholders we work hard for you
Trusted by over 838,000 investors and looking after assets worth over £4.6 billion, as of 26th April 2024
My Plans app
Take control of your Scottish Friendly ISA and Junior ISA investments wherever you are with the My Plans App. It offers a secure and easy way to manage your accounts, check your investments, and make changes on the go.
On your mobile or tablet, open the camera and point your device at the QR code. A link will pop up, tap this, and you’ll be taken straight to download the app.
