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Investing for your grandchild

As your grandchild grows up, you'll watch as their ambitions and dreams grow too. Wouldn't it be great to put some money away regularly that could grow with them?

Some reasons to invest

A timeless gift

Gifts can be outgrown, but investing for their future can last beyond birthdays and Christmases - and when they come of age they'll remember you for it.

Give them a better start

Savings and investments can help you give them a better start for when they venture out in adult life.

Mind the gap

Invest regularly for the financial freedom to let them follow their dreams, whatever their adventure - from a gap year travelling the world to advancing their education.

Invest in their future

There are many reasons why you might want to start putting money aside for your grandchild's future. An Investment ISA offers a tax-free way of investing, putting your money to work using the long-term growth potential of the stock market. Investment ISAs should be considered medium to long-term investments, of at least 5 years but ideally 10, to give your money access to the growth potential of the stock market.

An Investment ISA that lets you use your ISA allowance to invest for them - it's in your name, so you choose how and when they spend it.

You can choose how much to invest in plans that start from £10 a month and/or a £100 lump sum, or from £100 a month and/or an initial lump sum of £2,000.

You can have a plan for each of your grandchildren - and raise, lower, stop and restart payments at any time.

Want to know more about ISAs?

If you're confused about ISAs and the different types and would like to know more, our guide could help.

If you're saving for your child, a Junior ISA could help you build a long-term investment, that's theirs and they can access it when they turn 18. 

If you can't decide between an Investment ISA and Cash ISA, we've weighed up some important factors to consider for both.

Why choose Scottish Friendly?

  • Established 1862

    We've been helping customers to invest for over 150 years.

  • We're a mutual

    That means any profits are used to benefit our members - people like you.

  • You're protected

    Your money is protected by the Financial Services Compensations Scheme. 

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