Available to 16-74 year olds

Invest £25 per month or £270 per year

You can have a Family Bond as well as ISAs

Includes life cover

A friendly society bond for a better tomorrow

Just imagine what you could do with a tax-free lump sum in 10, 20 or 25 years’ time. You could use it to buy a new car, pay for home improvements or treat your family. Our Family Bond lets you invest regular amounts over a long period to give you freedom over your future.

What is a Family Bond?

A Family Bond is a simple and tax-efficient way of regularly investing your money over the long term – you can choose to invest £25 each month or £270 each year, and as long as you keep up payments and keep it invested for at least 10 years, you won’t pay tax on the proceeds.

Our Family Bond also comes with some life cover, which pays out 75% of the total premiums payable over 10 years. If the value of your Family Bond is higher, we will pay that instead.

How do savings bonds work?

Family Bond
Family Bond

Why invest with OneFamily?

We make a difference
Since 2015 we've awarded over £4.75 million* to our customers and communities

Great customer service
87%** of customers who contact our UK-based call centre are happy with the service they received

Experienced and trusted
We've over 45 years' experience in helping families make the most of their money, looking after £7.3 billion for more than 2 million customers in the UK*

*As at December 2021
***Customer research carried out October through December 2021

One simple Family Bond investment option

The OneFamily Family Bond invests into our Family Global Fund

Family Global Fund

A mix of different investments to help you save for the long-term

This fund invests your money into fixed interest bonds, property, company shares and cash to help reduce your risk of loss and see moderate growth over the long-term.

  • Avg. yearly
    Average yearly returns
  • Fund
    Total invested
  • Global
    Global investments

Risk rating

Lower Higher

*Performance includes all charges payable. Please remember that past performance should not be seen as an indication of future performance.

You can find out more about this fund in our Key Information Document and Fund Factsheet

Apply online

If you prefer, we can post you our full application pack for you to read and share with your family members. Request a pack

You can also apply over the phone. Call us free on: 0808 196 2625*

*We'll be here from 9am to 5.30pm Monday to Friday. We might record your call to help improve our training and for security purposes. We hope you don't mind. Calls to 0800 numbers are normally free from UK landlines and mobile phones.

Frequently asked questions

The Government has set maximum limits of £25 a month or £270 per year for savings plans with favourable tax treatments. These can be paid via a regular Direct Debit. If you already have one or more TESPs with us you can still apply for another one. As long as you stay within the maximum limits, you can invest as little as £10 a month or £100 a year.

As a qualifying policy, the Family Bond has an overall limit of £3,600 per year that can be paid into qualifying policies that you hold. If you have one of these policies, regular yearly or monthly payments will be made and the policy will have an initial payment term of at least 10 years. The policy will also include some life cover.

Family Bond

Our guides to Family Bonds and savings

Get all the information you need to feel fully informed when investing in your family's future.

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