Tax-Free Savings

Exclusive to Friendly Societies

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Build a cash lump sum, safe from the taxman

Only with a friendly society such as National Friendly can you invest £25 a month tax-free* – on top of your ISA allowance.

  • Invest £25 monthly or £270 annually.
  • Receive a tax-free* lump sum after at least 10 years of investing.
  • We add your money to our with-profits fund.
  • Open to any UK resident aged 16-64.
  • Invest for a child – there’s no upper age limit.
  • Enjoy the potential for annual bonuses.
  • Guaranteed to pay out at least as much as you’ve paid in on maturity, no matter what happens on the world’s money markets.
  • Includes built-in life cover for future peace of mind.  

It pays to be Friendly

National Friendly is one of the UK’s leading friendly societies and a member of the Association of Friendly Societies. As such, we can offer tax-efficient investing even if you’ve used up your ISA allowance.

  • Enjoy the benefit of investing with one of the UK’s leading mutuals, which has been established for over 140 years.
  • Choose how long you invest for – from 10 years or, for children under 6, until they’re at least16 years old.
  • A great way to put money towards a wedding, university fees, a child’s first car, a first deposit on a house – or simply a rainy day.
  • Policy holders aged 17+ in further education can enter to win a Further Education & Training Award .

* You don’t pay tax on the amount you get back. National Friendly pays, on your behalf, a tax on share dividends within the fund. You can’t claim this tax back

Read our Tax-Free Savings Plan FAQs >

Apply now online