Add a My Choice policy to your ISA
A tax-efficient investment using your ISA allowance and the long -term growth potential of the stock market.
New tax year offer. Invest in a My Choice (ISA) between 6- 30 April and get a My Rewards gift voucher worth up to £55.
Capital at risk. Gift terms and tax rules apply.
Find out more...
Start another policy from just £10 a month.
A choice of 10 funds from low to high risk - so you can invest your money based on your needs.
Add as many policies as you like as long as you stay within your annual ISA allowance.
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 policy, and:
Your money will be invested in a My Choice investment policy within your 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 policy using our handy tool to provide examples.
Could you invest more?
If you would like to pay in regular contributions of £100 a month or more and don’t need the flexibility of stopping or restarting your payments, we have another product that could be more suited to you. Adding a My Prime policy to your ISA gives you access to the same funds whilst enabling you to invest more.
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
New tax year offer. Invest between 6-30 April and get a welcome gift worth up to £55. The table below shows the gift voucher value you would get back based on your chosen regular premium amount when you apply.
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 |
| £10 - £14.99 | £25 voucher |
| £15 - £19.99 | £30 voucher |
| £20 - £24.99 | £35 voucher |
| £25 - £29.99 | £40 voucher |
| £30 - £34.99 | £45 voucher |
| £35 - £39.99 | £50 voucher |
| £40+ | £55 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 to add this policy to your 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.
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.
