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Fund details
There are a range of funds to invest in, so you can choose the ones that suit your needs best.
Gift vouchers
Get My Rewards gift vouchers worth up to £345 after you make a qualifying investment in a new ISA policy. Gift terms and qualifying criteria apply.
Make the most of your money with a Stocks & Shares ISA, a tax-free way to invest.
Invest alongside other ISA types up to your annual £20,000 ISA limit.
Stay in control - increase, decrease, stop or restart your monthly payments anytime.
Please note that Scottish Friendly doesn’t offer a Cash ISA. Keep in mind that the value of stock market investments can go down as well as up, so you could get back less than you’ve paid in.
Tax-Free means the investment grows free from tax, with the exception of any tax we’ve already paid on your behalf (for example on dividends from UK shares). Tax treatment depends on individual circumstances and may be subject to change.
Your fund investment choices
Get yourself a My Choice (ISA), and:
Invest from £30 a month, a £100 lump sum - or both.
Your money will be invested in a My Choice (ISA) investment policy within a Scottish Friendly ISA.
Take your pick from a range of 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
My Rewards
Get My Rewards gift vouchers worth up to £345 after you make a qualifying investment in a new ISA policy.
The table below shows the gift voucher value based on payment amount and type.
Read the full My Rewards welcome gift terms and conditions for qualifying criteria.
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 Transfers
If you've got an ISA with a different provider, transferring it to Scottish Friendly is straightforward and gives you access to our wide range of funds, offering you more ways to reach your investment goals.
And with our friendly pricing, the more you invest the lower your overall charge could be.
Transfer an existing ISA to Scottish Friendly and you could receive a My Rewards gift voucher worth up to £500. Gift terms and qualifying criteria apply.
Find out about our simple process and offer terms and conditions here.
My Rewards gift voucher
The more you choose to invest, the greater the value of your welcome gift. You can combine a monthly and lump sum payment to unlock My Rewards gift vouchers worth up to £345.
You can redeem your vouchers at numerous retailers throughout the UK including Argos, John Lewis & Partners, and Marks & Spencer.
Lump sum payments - remain invested for 6 months. Then we'll send your voucher within 28 days.
Monthly payments - make 6 qualifying regular monthly payments. Then we'll send your voucher within 28 days.
| Payment type | Payment value | Reward voucher value |
| Lump sum | £15,000 - £20,000 | £300 voucher |
| Lump sum | £10,000 - £14,999 | £200 voucher |
| Lump sum | £5,000 - £9,999 | £100 voucher |
| Monthly | £100+ | £45 voucher |
| Monthly | £90 - £99.99 | £40 voucher |
| Monthly | £80 - £89.99 | £35 voucher |
| Monthly | £70 - £79.99 | £30 voucher |
Important info before you get started
It takes around ten minutes to complete our application form. 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). Keep in mind that the value of stock market investments can go down as well as up, so you could 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 854,000 members and looking after assets worth £4.4 billion, as of 31st December 2025.
