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My Easy Choice (ISA)

My Easy Choice (ISA) gives you a guarantee on your 10 year anniversary as well as growth potential, as long as you don't make any withdrawals or switch out of the fund. Capital at risk.

Could be right for you if...

  • You want to invest from £10 a month or make a lump sum payment of £100 or both.

  • You want a single fund choice with a guaranteed minimum cash lump sum on your 10-year anniversary of investing. Terms apply.

  • You want to manage your ISA online and on the go with our My Plans online portal and mobile app available on the App Store and Google Play.

About our My Easy Choice (ISA)

When you set up a My Easy Choice (ISA), your money will be invested in an investment policy within a Scottish Friendly ISA. The policy then invests in our Unitised With-Profits fund, which you can read more about in the 'Invest in a single fund' section.

Flexible payments let you invest from £10 a month, or make a lump sum payment of £100 or both.

Invest alongside other ISA types up to your annual £20,000 ISA limit.

You can also choose to automatically raise your monthly payment amount by a set percentage every year - e.g. 2.5%, 5% or 10%. This is called your yearly payment increase rate.

Get a welcome gift worth up to £45 after you start investing. Terms apply.

Winner of 'Leading Investment Firm UK' at the International Business Magazine Awards 2022 and 'Best Tax Efficient Products Provider UK' at the World Business Outlook Awards 2022.

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, lowering or restarting your payments, we have another product that could be more suited to you. My Prime (ISA) gives you access to the same fund, whilst enabling you to invest more.

What you could get back?

See how your money could grow based on your premium and fund choice within a My Easy Choice (ISA). This tool provides examples of what you could get back in the future based on a payment amount.

Select the amount you’d like to invest:
Select how many years you’d like to invest for:
Select a yearly payment increase rate:

Projected returns on

  • lump sum
  • per month
  • Invested in the
  • Over years at
  • yearly payment increase rate
  • * Total amount invested of at per month

0.25% assumed annual growth

3.25% assumed annual growth

6.25% assumed annual growth

Remember, this chart is just to give you an idea of what you might get back. What you get back depends on the rise and fall of the underlying assets and you could get back more or less than the example figures projected above and the total amount invested. Do not forget that inflation would reduce what you could buy in the future with the amounts shown.

The lower projected growth rate of 0.25% provides for a return which is less than the total investment you will make over a 10 year term. This is due to the effect of charges, however you are guaranteed to get back at least what you have invested.

Please note that a Market Value Reduction (MVR) may apply when you cash in your policy. This is designed to ensure that the amount you receive is in line with the value had you invested directly in the assets backing your policy.

The annual rates of growth for the illustration have been based on our reasonable estimate of potential returns. They are subject to the maximum rates specified by the Financial Conduct Authority. All the figures include the deduction of the actual charges assumed on the plan. These charges may vary in future.

My Rewards gift voucher

After you apply we’ll send you a welcome gift – a My Rewards gift voucher worth up to £45. The more you choose to invest each month, the greater the value of your welcome gift. If you only make a lump sum payment you will receive a £25 My Rewards gift voucher. You can redeem your voucher at numerous outlets across the UK including the Apple store and John Lewis, once registered you will be able to access the full list of retailers. We will send your gift voucher within 28 days of your first premium being collected. We reserve the right to refuse the issue of gifts where multiple ISA applications have been made, and where we consider that the terms of this reward offer have been abused.

Premium Gift voucher value

£10- £14.99
£15- £19.99
£20- £24.99
£25- £29.99
£30- £34.99
£35- £39.99

£15 My Rewards voucher
£20 My Rewards voucher
£25 My Rewards voucher
£30 My Rewards voucher
£35 My Rewards voucher
£40 My Rewards voucher
£45 My Rewards voucher

My Benefits discount card

Another bonus we have to help our customers is our My Benefits Vectis discount card. After you have signed up for My Plans and opted to go paperless, we'll send you out the card in the post. Once you register the card online you are ready to make some fantastic savings and take advantage of special offers from leading brands such as ASDA, Waitrose, John Lewis and partners, B&Q, Currys, Sainsburys and many many more! You can also download the Vectis Card app in the App Store or Google Play, then use the card via the app on your mobile.

Ready to start investing?

It takes around five minutes to get started.  You’ll just need a debit card and your national insurance number to hand. Please make sure you’ve read the Product Guide and the Key Information Document for the fund you wish to select.

Learn more

Investing can seem like a tricky business, so if you have a few questions or aren't sure where to start, we have some useful guides to help get you started.

Helping families to save and invest for 160 years

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