Gift card & promotion terms and conditions

Gift card T&Cs

1. When you apply for a policy using a promotional code, Voucher Express (our gift card fulfilment partner) will send your M&S or Love2shop gift card within 90 days after your new policy has started and your first premium has been received. Sheffield Mutual is not responsible for missing cards, cards with no balance or cards with less balance than advertised and all enquiries should be directed to Voucher Express on 0371 384 5931.
2. The gift card value will relate to the amount specified in the promotion. If no gift card amount is specified in the promotion the standard amount of £25 will apply.
3. The application must meet or exceed the minimum investment limits of £10 per month or £100 single, or as specified in the promotion.
4. In the case of a joint life policy you will qualify for one gift card only and this will be sent to the first life on the policy.
5. In the case of a child's policy the gift card will be sent to the proposer.
6. These gift card promotions may not be combined with any other offer.
7. If the new policy is cancelled within the 30 day ‘cooling off’ period gift cards will not be sent.
8. If the new policy is cancelled within 12 months of commencement we reserve the right to deduct the value of the gift card(s) from any surrender value or refund of premiums.
9. You are able to open up to 4 x Investment ISAs and 4 x Sustainable ISAs in one tax year, please note we will only allow one gift card per ISA type per tax year.
10. Gift card types are subject to availability and an alternative may be sent.
11. The Society may withhold gift cards if the scheme is being misused and/or abused.
12. Gift cards cannot be issued on a retrospective basis – The promotional code must be supplied at the time of your application in order to qualify for a gift card.
13. Intermediaries may not claim promotional gift cards as well as any other fee/commission arrangements when submitting a new policy.
14. Applicants may not claim a gift card for an application where a fee/commission is being paid to an intermediary unless the intermediary has an arrangement in place with the Society.
15. The promoter of this offer is Sheffield Mutual Friendly Society.
16. The Society reserves the right to withdraw or amend this offer at any time without notice.
17. Any promotion that states a gift card is for 'new members only' will be adhered to and cannot be awarded to existing members of the Society.
18. If a current member uses a promotional code, the member must be using 'new funds' when they open a policy. 

Terms and conditions are subject to change without notice. Sheffield Mutual reserves the right to withdraw or amend offers at any time. All offers are subject to availability and eligibility.

Reinvestment & follow-on offers T&Cs

1. If you have used the ISA bonus offer and received the £50 bonus, this will be added as a bonus and not count towards the subscription limit for that tax year. We reserve the right to reclaim this amount should the new policy be closed within 12 months. 
2. If you have opened a new Tax Exempt Savings Plan or Regular Savings Plan and claimed the three months payments or annual equivalent, the maximum award is £75. If this is surrendered early we reserve the right to reclaim this as part of the surrender value paid. 

Terms and conditions are subject to change without notice. Sheffield Mutual reserves the right to withdraw or amend offers at any time. All offers are subject to availability and eligibility.