Basics at a look
Perfect for you if вЂ¦
- You fancy winning prizes that are tax-free as much as ВЈ1 million
- You’ve got ВЈ25 or even more to save lots of
- You intend to maximize tax-free preserving
- You intend to obtain cost cost savings present for kids under 16
Perhaps not for you if вЂ¦
- You desire a typical earnings
- You are looking for assured returns
- You are worried about inflation
- You intend to conserve jointly with some other person
Premium Bonds FAQs
How it operates
How do you purchase Premium Bonds?
Each investment should be at the very least ВЈ25.
You can purchase Premium Bonds online utilizing our safe online system. Please have your debit card details during the prepared.
Buying on the phone
It is possible to contact us all every time day. Please have your debit card details prepared. (please be aware: by phone if youвЂ™re buying Bonds for someone elseвЂ™s child, you can’t buy https://besthookupwebsites.org/grindr-review/ them. We do not accept bank card re re re re payments.)
Buying by post
Merely complete an application and deliver it to us, having a cheque payable to NS&I.
Print and complete an application:
Bank transfer or order that is standing
You can buy via bank transfer (including standing order) if you or a child youвЂ™re buying for already have some Premium Bonds,.
How do you purchase Premium Bonds for individuals under 16?
Premium Bonds will make a unique present for a young child under 16. Until the childвЂ™s sixteenth birthday celebration, the moms and dad or guardian called from the application takes care of the Bonds, no matter whom purchased them.
WeвЂ™ll deliver confirmation of every deals made, awards won and payment for cashed-in Bonds into the parent that is nominated guardian before the youngster is 16.
Buying for your own personel son or daughter
Moms and dads or guardians that are legal apply online, by phone or by post. If the kid already has many Premium Bonds and also you need it even more online or by phone, youвЂ™ll need certainly to be registered first. This could just take a day or two while we arranged your enrollment.
Buying for somebody elseвЂ™s kid
You are able to use online or by post. You can easily ask us to deliver you an electric or paper present card so that you can pass about the youngster. WeвЂ™ll additionally deliver you an acknowledgement of the investment. But just the nominated moms and dad or guardian should be able to handle and money in the Bonds.
Before you submit an application for some body elseвЂ™s youngster:
- Please ensure that the parent/guardian is pleased to take care of the investment for the youngster, and agrees for your requirements providing us their details
- We are going to check out the address and identity of everybody known as in your application, and now we could need to request papers to show your
- Please allow the parent/guardian realize that we may be in contact to inquire of for proof of identification papers
In your application you’ll want to understand:
- The parent’s/guardian’s date of address and birth
- The little one’s Premium Bonds holder’s quantity (whether they have one)
How can the attention work?
With Premium Bonds, there is absolutely no interest gained. Alternatively the attention price funds a month-to-month reward draw for tax-free awards. Understand that inflation can lessen the value that is true of cash in the long run.
May I go cash from another NS&I account to Premium Bonds?
Yes! simply fill in an instant on line kind and weвЂ™ll get it sorted for you personally. Make sure to have the facts for the account you need to switch from at hand.
Only usage if switching from another NS&I account or Investment
Like the post?
It shall have a bit longer, you could nevertheless install and deliver us a paper type within the post.
Your Bonds therefore the award draw
Just how do I take care of my Bonds?
When you have purchased your Premium Bonds you are able to handle them online and by phone.
Sign in or give us a call to check on balance and deals, including any awards youвЂ™ve won.
You may want to provide us with guidelines by post. WeвЂ™ll send you verification every time you purchase or money in to your Bonds. You may get this by post, too. Or elect to get paperless.
Your holderвЂ™s number
A holderвЂ™s is given by us quantity to everyone else whom owns Premium Bonds. It links most of the specific Premium Bonds you’ve got. Quote it if you purchase more Bonds, cash them in or have question.
Simply to note, it is dissimilar to your NS&I quantity, which we provide you with whenever you sign up for our on line and phone solution.
How to get my rewards?
For the majority of rewards, weвЂ™ll automatically send them throughout your selected re re re payment technique. For a reward of ВЈ5,000 or even more, we might have to talk to you first before having to pay it. In that case, weвЂ™ll send you a claim type to accomplish and get back.
It is possible to elect to either:
Get rewards compensated straight to your money
YouвЂ™ll need certainly to make yes youвЂ™re registered to handle your cost cost savings online very very first. Then simply sign in, head to ‘Your profile’ in the menu that is top click ‘Your award choices’. Click ‘Change’, stick to the directions and don’t forget to click ‘Save’ when you have completed.
Immediately reinvest your awards into more Bonds
You may also elect to get the rewards reinvested, meaning your Bonds is certainly going straight to the prize draw that is next. Your likelihood of winning will increase each time you winnings a reward! This can be done when you have lower than ВЈ50,000 purchased Premium Bonds.
Merely sign in, visit your profile within the menu that is top click Your award choices. Click Change, proceed with the directions and remember to click Save once you’ve completed.