Premium Bonds

The easiest way to cash in Premium Bonds is to call or use the online form. This happens when the bonds coupon rate exceeds the prevailing.

Premium Bond Wikipedia

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.

. The winner holds 50000 in Premium Bonds and purchased their. A Premium Bond is a lottery bond issued by the United Kingdom government since 1956. Your odds of winning a prize with a Premium Bond are currently 30000 to 1.

For both of these options youll already need to be. Hannah Jewell invested PS1700 in a high-interest. For every 1 you invest you get a unique bond number that is entered.

Prizes are drawn monthly and range from 25 to 1 million paid free of tax. The odds of winning. By using ones NSI number a person can check if they have won a prize using the Premium Bonds.

A premium bond trades above its face value. Premium Bonds are valued at 1 each and the minimum holding is 25 maximum 50000. All the Premium Bonds are grouped under a unique holders number.

Two-factor authentication is hereThe way you log in to your account has changed. The maximum premium bonds you can hold is 50000. Cash in Premium Bonds online or by phone.

The second winning Bond number drawn was 324MB318235 and the winner comes from West Sussex. A recent report in the Times newspaper describes a scam targeting people with premium bonds. 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. At present it is issued by the governments National Savings and Investments agency. Scams On Premium Bonds.

For example a 500 bond that trades for 525 is a premium bond.

700k Of Premium Bonds Prizes Unclaimed In Northern Ireland Belfasttelegraph Co Uk