Premium Bonds Question

Hi,

Is it possible to put Premium bonds into joint names, and if so, is it easily done, or do they have to be sold and re-bought?

Thanks
Stevey
if i had known then what i know now

Comments

  • gt94sss2
    gt94sss2 Posts: 5,626 Forumite
    Name Dropper Combo Breaker First Post First Anniversary
    SteveyJC wrote:
    Is it possible to put Premium bonds into joint names, and if so, is it easily done, or do they have to be sold and re-bought?

    Its not possible to hold Premium Bonds in joint names.

    From the Premium Bonds T&C's
    Bonds may only be held in the name of one individual person. You may only buy Bonds:

    (a) for yourself if you are aged 16 years or over;

    (b) for a child under 16 years if you are their parent, grandparent, great grandparent, or guardian; or

    (c) on behalf of and in the name of a mentally disordered person if you are his or her receiver.

    Regards
    Sunil
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