Scottish Friendly is a UK investment provider offering Stocks & Shares ISAs, with ready-made funds or a range you pick yourself.
Offer overview
Chris · Your personal guide
Sign up with TopCashback
Go to TopCashback using the button below and open a Scottish Friendly My Choice ISA in the same session.
Choose the My Choice ISA, not the My Easy Choice ISA, and turn off ad and cookie blockers so the cashback tracks.
- Credit check
- None
Investment and Cashback Options
The bigger your monthly investment, the bigger your cashback. The sweet spot is £100 monthly investment which gives you £310.
| Monthly Investment | Cashback |
|---|---|
£50-£99.99 | £150 |
£100-£199.99 (Quidsy Pick) | £310 |
£200-£299.99 | £330 |
£300-£399.99 | £400 |
£500-£999.99 | £450 |
£1,000+ | £500 |
Step by Step Guide
- 1Use the button below to go to the Scottish Friendly offer on TopCashback
- 2Click through to open your Scottish Friendly account
- 3Select 'My Choice ISA' (not 'My Easy Choice ISA') so you can pick from a range of investment options, then choose £100 as your monthly investment
- 4Complete identity verification and set up your Direct Debit
- Withdraw your £310 cashback from TopCashback to your bank
There's no exit cost, so the choice is yours:
Keep your ISA open if you're enjoying Scottish Friendly as an investment platform
Or transfer it to another ISA provider, free of charge
Member experiences
10 completions (all-time offers)2 days ago last paid
How fast members were paid
Days from meeting the criteria to the cash arriving
170
Average days
- none in 1 to 30 days
- none in 31 to 90 days
- 4 in 91 to 180 days
- none in 181 to 365 days
4 member timings (current offer)
Quick review
Scottish Friendly
Wondering whether Scottish Friendly is worth it beyond the bonus? Here is our honest take.
A Scottish mutual life office that's been running managed Stocks and Shares ISAs since 1862. Quidsy has a tidy ISA deal via TopCashback that pays you back in cash for opening one. Suits hands-off savers who want a tax wrapper without picking funds themselves. Fees are higher than DIY platforms, so weigh that up.
Chris' verdictYour personal guide, QuidsyHonestly, Scottish Friendly is not the cheapest Stocks and Shares ISA on the market, and it's not trying to be. The headline AMC is 1.5% (currently discounted to 1.25% on the Unitised With-Profits Fund since January 2025, subject to periodic review), which is materially higher than something like Vanguard, InvestEngine, or Trading 212.
What you're paying for is a long-established, member-owned mutual that handles all the fund management for you and has been doing it for over 160 years. If you value that, it's a fair trade.
What I like is how straightforward the proposition is. You pick the ISA, set a monthly amount, and they invest it for you. No fund picking, no rebalancing, no notifications nudging you to trade. For a certain kind of saver, someone who wants the tax wrapper but doesn't want to think about it, that simplicity is the whole point.
The merger with OneFamily, due to complete in early 2027, doesn't change my view either way. The Scottish Friendly brand is staying, your ISA terms carry over, and the combined entity will be one of the largest mutuals in the UK. If anything it adds scale.
The one thing I'd pay attention to is which ISA you open. My Choice has no exit fee. My Select charges £50 if you cash it in, transfer out or make a withdrawal within the first 5 years.
Worth it for hands-off savers who value mutuality over rock-bottom fees. Not worth it if you want to actively pick funds or run a multi-fund portfolio from one app.
Scottish Friendly Assurance Society Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. FRN: 110002. Investments are protected by the Financial Services Compensation Scheme up to £85,000.