With-Profit Bond

A With-Profit Bond is a safe, secure way to invest a large lump sum such as a police pension lump sum or an inheritance.

Your money is invested in Metfriendly’s With-Profits Fund which holds bonds, shares, property and cash. A With-Profit Bond is normally the next place to consider investing in, after you have used your tax-free ISA allowance.

  • minimum investment of only £2,000 and no fixed term
  • steady returns year-on-year with annual bonuses
  • long-term saving normally rewarded with a final bonus when you cash it in (after at least three years)  
  • your money is invested in our carefully managed With-Profits Fund
  • your money is ‘smoothed’ to protect against short-term market fluctuations

Special Spring offer

Boost your lump sum savings with an extra 1% (in addition to annual bonuses and a potential final bonus) when you invest or transfer £10,000 or more into a Lump Sum ISA or With-Profit Bond by 30th June 2024.

Terms and conditions apply.

What returns has the With-Profit Bond produced?
2020 2021 2022 2023 2024
Original amount invested £10,000 £10,000 £10,000 £10,000 £10,000
Growth over 10 years withdrawn on 1 January £5,073 £4,807 £4,853 £3,449 £2,923

£10,000 With-Profit Bond ISA cashed in on 1st January

Annualised return for 10 years to 1st January 2024

More info and apply
Where is my money invested?

The premiums are invested in the Metfriendly With-Profits fund. For information on what that is and how it works, including a diagram to show the approximate investment mix, please refer to the With-Profits fund page.

When can I take money out?

You can invest for as long as you want; there is no fixed term and no maximum age limit.

You can contact us at any time to cash in part or all of your plan, although you should bear in mind that the plan is designed as a medium to long term investment (5 years or more).

Charges will apply on cashing in within one year of investing. Metfriendly reserve the right to also apply a Market Value Reduction (MVR) so that the value when you cash in more fairly reflects our performance over the period of investment.

Can I cash in part of my Bond?

You can only cash in a Bond in its entirety. However, we will split large investments into individual Bonds of £5,000, and you can ask us to issue Bonds as low as £2,000 if you need that flexibility.

What if I change my mind?

When your Bond starts, we will send you a certificate showing your benefits and a cancellation notice. If you change your mind, you can return the notice within 30 days for a full refund.

How much will it cost for advice?
  • We do not offer or give financial advice.
  • We do not make any form of commission.
  • The cost of providing verbal or written information about this product is included in our overall expenses.
How do I contact you?

Metfriendly, Central Court, Knoll Rise, Orpington, BR6 0JA

Phone: 01689 891454 

Email: [email protected]

Great opportunity for family members to be offered the same offers as members.

Miss A McLeary, ESB

‘I’ve used Metfriendly for the last 5 years and recently the money has gone towards a deposit for our house which we are moving into next month. I will be signing back up next month to help save towards my kids future.’


Amanda Cooper (Met CC, Bow)

‘Hassle-free savings that are started every year on my behalf, without me having to call up.’


D.C. R McLaren, Hackney Borough Stations

Very happy with the service. I have a number of policies for myself and my children.

Police Sergeant S Drysdale, DPS Borough Support

Good service – always very helpful and informative.

Miss J Coward, South Norwood, London

‘I have always been pleased with the returns from my Metfriendly policies.’

Mr P Payne, Bordon

‘I’ve used Metfriendly for the last 5 years and recently the money has gone towards a deposit for our house. I will be signing back up next year to help save towards my kids future.’

Mrs A Cooper, Met CC, Bow

‘Very pleased with the service I’ve received to help me save money direct from my salary.’

DC Chris W, SO15

‘I would recommend Metfriendly to everyone.’

Mrs V Thompson, Dagenham