Premium Bonds draw dates

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Does anyone know the best time of month to buy and sell premium bonds as to make sure your bonds are in the monthly draws?

I can't find the answer on the NS&I website.
Smile and be happy, things can usually get worse!

Comments

  • itsallagame_2
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    Buy them when you like, from what I remember your cash has to be in a month before you get into the draw.
    When you withdraw you fill in a form and nominate the month you wish to cash out after, you will have the money in your bank within a few days, they are fairly quick and reliable.
  • ariba10
    ariba10 Posts: 5,432 Forumite
    Combo Breaker First Post First Anniversary
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    Any bonds bought on or before the 31 Jan, will be eligible for the March draw.
    I used to be indecisive but now I am not sure.
  • Mikeyorks
    Mikeyorks Posts: 10,369 Forumite
    First Anniversary Combo Breaker
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    You buy them towards the end of a month .... so you're parting with your money as late as possible :-

    http://www.nsandi.com/products/pb/howitworks.jsp#when_bonds_go_into_the_draw

    ...... and you sell them early in the month - in order you get access as soon after the previous draw as possible?
    If you want to test the depth of the water .........don't use both feet !
  • Stavros_3
    Stavros_3 Posts: 1,288 Forumite
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    Why buy them, their worse than saving account rates anyway, plus your giving money to that !!!!!! of a prime minister
    Liquidity is when you look at your investment portfolio and **** your pants
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