Your tax friendly, wallet friendly, Investment ISA

You could enhance your monthly savings by investing in our Investment ISA, backed with a 10-year guarantee. Open your money up to the growth potential of the stock market.

Tax rules and terms apply. Capital at risk, except on your 10-year anniversary.


Winner of the Best Mutual Insurer for the 5th year running at the 2023 awards.


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

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Stay in control - stop, restart, increase or decrease your monthly payments anytime.

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, except on your 10-year anniversary. Tax treatment depends on individual circumstances and tax rules could change in the future.

What we stand for

Welcome to Scottish Friendly, where our strength is our community. Investing with us isn’t just about choosing a stocks and shares ISA. It’s about investing with specialists.

For over 160 years, we’ve been helping families like yours save and invest for their future. As a member-led mutual, your family’s future is what drives us.

Not profits. Not shareholders. (That would be tricky, we don’t have any.) Every decision is made with you in mind, aiming to secure a better tomorrow.

Industry awards including “Best Tax Efficient Products Provider” at the 2023 World Business Outlook Awards, aren’t just for show. They’re a recognition of our expertise and commitment to helping you and your family on your investment journey.

When you invest with us, you’ll benefit from a wealth of knowledge and a track record of excellence.

Most of all, you’ll be in capable hands.

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Investing for life

We want saving and investing to be accessible. From moving home to enjoying retirement. From your child's education to their first set of wheels. That’s why our Stocks & Shares ISAs and Junior ISAs are made for beginners and seasoned investors alike. Check out our free friendly guides.

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Guide to Saving & Investing

Ready to take charge of your financial future? Our friendly guide is here to help make sense of saving & investing, no matter your goals in life.

Guide to ISAs

New to ISAs or simply looking to refresh your knowledge? Our guide could help break down some of the essentials of ISAs, which could help you make informed decisions for your financial future.

Guide to Junior ISAs

Planning for your child's financial future? Our detailed guide to Junior ISAs could help walk you through some of the basics, benefits and how to get started on this long-term savings & investment journey.

Your single fund investment choice

Get yourself a My Easy Choice (ISA), and:

  • Invest from £10 a month, a £100 lump sum - or both.

  • Your money will be invested in a My Choice investment policy within a Scottish Friendly ISA. This policy then invests in our Unitised With-Profits fund.

  • It comes with a minimum cash sum on your 10-year anniversary of investing (which is at least as much as you've invested). That's provided you don't make any withdrawals or switch money out of the fund.

  • Plus there's the potential for growth.

The fund information together with the Key Information Document (KID) gives you an overview of the fund, including any charges and should be read alongside the Product Guide.

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Medium risk

Unitised With-Profits Fund

A mixed managed fund from Scottish Friendly where premiums are pooled with those of other clients and returns are linked to the performance of the underlying assets within the fund.

Discover what you might get back

See how your money could grow with a My Easy Choice (ISA) using our handy tool to provide examples.

Please select a fund

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. My Prime (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.

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My Rewards

After you invest in a new ISA, we'll send you a welcome gift - a My Rewards gift voucher worth up to £45. 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.

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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.

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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.

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My premiumMy Rewards voucher value
£10 - £14.99£15 voucher
£15 - £19.99£20 voucher
£20 - £24.99£25 voucher
£25 - £29.99£30 voucher
£30 - £34.99£35 voucher
£35 - £39.99£40 voucher
£40+£45 voucher

Important info before you get started

It takes about 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 Document.

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Apply Now

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). 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, except on your 10-year anniversary.

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 814,000 investors and looking after assets worth over £4.5 billion, as of 26th April 2023

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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.