We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Premium Bonds draw dates

Options
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

  • 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
    Part of the Furniture 1,000 Posts Combo Breaker
    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: 10,377 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    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
    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
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.9K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 243.9K Work, Benefits & Business
  • 598.8K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.