- Buying Premium Bonds: easiest way to purchase bonds online, by phone, by post or as a gift
- How to Purchase Premium Bonds
- National Savings and Investment products
- Post Office to stop selling Premium Bonds - where you can still buy them
Buying Premium Bonds: easiest way to purchase bonds online, by phone, by post or as a gift
What you need to know about premium bondshow get call elf on the shelf
Savers who buy Premium Bonds will no longer be able to drop into their local Post Office branch - a move likely to affect one in five buyers. A Government-backed bank is to end the sale of Premium Bonds through Post Office branches after nearly 60 years. Savers will instead be forced to buy Premium Bonds over the internet , by phone or through the post. The National Federation of SubPostmasters said: "This is very disappointing news, particularly for our elderly and more vulnerable customers who rely on face-to-face support from subpostmasters with handling these types of transactions. By Graham Hiscott Head of Business.
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Premium bonds are divided into two categories. You can also apply at your local post office or by mail. You'll need to have at least pounds to buy premium bonds since that's the minimum investment, unless you commit to purchasing bonds every month, in which case you can invest 50 pounds to start. To learn how to buy premium bonds if you live in the United States, scroll down! This article was co-authored by Michael R.
Buy Premium Bonds and you could win from ?25 up to ?1 million, tax-free, in our monthly prize Apply and cash in online, by phone or by post.
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Skip to content. Income Bonds offer a type of investment that pays interest regularly to the holder. And, you can get your money back whenever you want, with no notice and no penalties. Interest is paid monthly straight into your bank or building society account. Interest rates are variable. Anyone aged 16 or over can buy Premium Bonds. Parents, legal guardians and great grandparents can invest on behalf of their child or grandchild aged under
They keep your money safe and offer two chances to win a million pounds every month tax free — so how do you actually buy Premium Bonds. An incredible 21 million people in Britain have Premium Bonds — making them the country's favourite place to stash cash, by far. But this is payed out as prizes, rather than as standard, with electronic random number generator ERNIE selecting the winning bonds each month. Anyone aged 16 or over can buy them. You can also buy Premium Bonds from abroad, but only in some countries.
How to Purchase Premium Bonds
We have placed cookies on your device to help make this website better. You can delete and block them but some are essential for this website to work., If you enjoy the thrill of playing the lottery but don't want to run the risk of losing your hard-earned money, a premium bond could be the right investment for you. Premium bonds are sold by National Savings and Investments and are backed by the Her Majesty's Treasury, so safety is not an issue.
National Savings and Investment products
Post Office to stop selling Premium Bonds - where you can still buy them