Welcome gift terms and conditions
Get up to £345 in My Rewards gift vouchers to spend at a wide range of your favourite places. You can choose to invest in an initial lump sum, set up a regular monthly payment or do both. The more you choose to invest, 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.
For example:
Scenario 1: Invest a lump sum of £5,000. Remain invested for 6 months. Then we'll send you £100 of vouchers within 28 days.
Scenario 2: Set up a regular monthly payment of £70. Make your first payment. Then we'll send you £30 of vouchers, within 28 days.
Scenario 3: Set up a regular monthly payment of £100 and invest a lump sum of £15,000. You'd then be eligible to receive vouchers to the total value of £345. Make your first monthly payment and then we'll send your initial £45 of vouchers within 28 days. Keep your lump sum invested for 6 months. Then we'll send you the remaining £300 of vouchers within 28 days.
The tables below show the gift voucher value you would get back based on your chosen investment amount and payment type.
Lump sum premium gift voucher value
The table below shows the gift voucher value you would get back based on your chosen lump sum premium amount when you apply.
Lump sum - Remain invested for 6 months. Then we’ll send your voucher within 28 days. Please note the gift code will expire after 12 months from date of issue.
| My Premium | My Rewards Voucher Value |
| £15,000 - £20,000 | £300 voucher |
| £10,000 - £14,999 | £200 voucher |
| £5,000 - £9,999 | £100 voucher |
Regular monthly premium gift voucher value
The table below shows the gift voucher value you would get back based on your regular premium amount.
We'll send your My Rewards voucher within 28 days of receiving your first monthly premium. Please note the gift code will expire after 12 months from date of issue.
| My Premium | My Rewards Voucher Value |
| £100+ | £45 voucher |
| £90 - £99.99 | £40 voucher |
| £80 - £89.99 | £35 voucher |
| £70 - £79.99 | £30 voucher |
Eligibility criteria
You must be a UK resident aged 18 or over.
Offers applicable to new and existing customers where new policies are opened directly with Scottish Friendly and does not include payments into an existing policy.
Only one offer will be applied per customer per payment type. For example, one monthly payment reward and one lump sum reward.
Offer applicable to investments made into new policies in the following products only: My Choice (ISA), My Easy Choice (ISA) and My Climate Leader Choice (ISA).
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 offer have been abused.
My Rewards voucher value will be based on the premium value paid.
Your instruction to invest in a new policy must be received and processed after 00:00 on 3rd December 2025.
Scottish Friendly accepts no liability for technical errors or communication failures in networks and/or internet access.
Gift codes valid for 12 months from date of issue.
Lump sum payments must remain invested in your account for a minimum of 6 months.
Monthly payments must be set up and first payment received into your account.
Excludes ISA transfers.
Gift vouchers issued are redeemable only with participating retailers listed on our platform at the time of voucher issuance. We make reasonable efforts to maintain an up-to-date list of participating retailers; however, we do not guarantee the continued availability of any specific retailer. In the event that a retailer terminates their relationship with the platform after a gift voucher has been issued, Scottish Friendly are not liable for the inability to redeem the voucher with that retailer. No refunds, replacements, or exchanges will be provided for vouchers rendered unusable due to retailer withdrawal. Customers are encouraged to redeem vouchers promptly to avoid potential changes in retailer availability.