Premium Bonds

Prizes are drawn monthly and range from 25 to 1 million paid free of tax. Scams On Premium Bonds.

60million Up For Grabs Thanks To Lost Premium Bonds How To Claim Your Prize Mirror Online

All the Premium Bonds are grouped under a unique holders number.

. This happens when the bonds coupon rate exceeds the prevailing. If you held the maximum of 50000 you would on average win one-two prizes a month although they would most likely all be 25. Your odds of winning a prize with a Premium Bond are currently 30000 to 1.

Hannah Jewell invested PS1700 in a high-interest. The maximum premium bonds you can hold is 50000. A Premium Bond is a lottery bond issued by the United Kingdom government since 1956.

For every 1 you invest you get a unique bond number that is entered. At present it is issued by the governments National Savings and Investments agency. A premium bond is a bond that is selling for more than its par value on the open market.

Bonds usually trade for a premium if their interest rate is higher than the market. The second winning Bond number drawn was 324MB318235 and the winner comes from West Sussex. A premium bond trades above its face value.

For both of these options youll already need to be. The odds of winning. A recent report in the Times newspaper describes a scam targeting people with premium bonds.

By using ones NSI number a person can check if they have won a prize using the Premium Bonds. For example a 500 bond that trades for 525 is a premium bond. Cash in Premium Bonds online or by phone.

Premium Bonds are valued at 1 each and the minimum holding is 25 maximum 50000. The winner holds 50000 in Premium Bonds and purchased their. The easiest way to cash in Premium Bonds is to call or use the online form.

Two-factor authentication is hereThe way you log in to your account has changed.

Denominations Prizes National Savings