Skip to content

My Prime (ISA)

We've kept things straightforward by putting together a range of funds for you to choose from. Invest from £100 a month, an initial lump sum of £2,000 or both.

Could be right for you if...

  • You want to invest from £100 a month or make a lump sum payment of £2,000 or both.

  • You want a range of funds to choose from, ranging from low risk to high risk.

  • 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 Prime (ISA)

Our My Prime (ISA) is a tax-efficient plan that helps you to invest for your future over the medium to long-term. Any growth from your plan is free from income and capital gains tax, except for any tax we've paid on your behalf, such as on any dividends from UK shares.

Invest from £100 a month, or an initial £2,000 lump sum. Once you have started investing you can make lump sum payments from as little as £1.

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

Offers more growth potential than cash over the longer term, although there is a risk that you could lose money.

Available to adults aged 18 or over who are resident in the UK.

My Prime (ISA) charges

Our funds have an annual management charge of 1.5% included in the fund price. But as a thank you for your long-term commitment to investing we will credit your policy each month with a 1% rebate of your fund value as long as you have an active payment of £100 a month or more, or your policy has a value of £2,000 or more. This means you will effectively pay just 0.5% a year.

 

Please bear in mind that, to receive the rebate of 1%, each pot requires regular monthly investment of at least £100 or holds a policy value of at least £2,000, as we apply your cash rebate value at individual fund level within your policy.

 

The cash rebate value will only apply to the Guaranteed Cash fund in the event that the growth rate from the underlying assets within the fund is 1.5% or more.

 

More information can be found in our Product Guide.

Transferring an existing ISA

If you already have an Investment ISA, you can transfer it over to a My Prime (ISA) with us. You Don’t need to withdraw the money from your existing ISA to pay it into a new one. If you do, it will count towards your current year’s ISA allowance. Instead, you can request a transfer.

 

To do this you would fill in the My Prime (ISA) application as you would normally if you were applying for the ISA and during the application select the transfer option. After you have completed the application you would download the transfer application and send back to us.

 

Unfortunately we are unable to accept transfers from flexible ISAs.

What you could get back

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

Invest a lump sum?
Make a monthly payment:
Increase monthly payment annually by:
How many years would you like to invest for?

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
[[intro]] [[lowerFundCompliance]] [[withFundCompliance]] [[compliance]]

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 the 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.

Helping families to save and invest for 160 years

Need help?

Top suggestions
    We couldn't find any results matching your search terms.