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Premium Bonds Question
05-10-2006, 1:08 PM
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MoneySaving Stalwart 
Join Date: Oct 2004
Posts: 292
Thanked 32 Times in 27 Posts
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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
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05-10-2006, 2:04 PM
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Fantastically Fervent MoneySaving Super Fan 
Join Date: Jun 2003
Posts: 3,340
Thanked 1,408 Times in 1,069 Posts
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Quote:
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Originally Posted by SteveyJC
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?
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Its not possible to hold Premium Bonds in joint names.
From the Premium Bonds T&C's
Quote:
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.
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Regards
Sunil
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