£1 premium bond what do I do with it?

Coveredinbees!!!!

because you need a bond holders number I haven't got that

chris1

pqrdef wrote: »

You could invest £29900. But if you tried to cash them in, they'd redeem the oldest first and leave you with a new one.

If you want to keep the original you can sell the others by post, specifying the numbers you want to sell.

"If you want to cash in from a specific range of Bond numbers, you'll need to list on the form the start number of each Bond you want to cash in (otherwise we'll automatically cash in your oldest Bonds first). We’ll then cash in from the end of each range of Bond numbers you specify."

This only works by post, not online.

saintalan

chris1 wrote: »

If you want to keep the original you can sell the others by post, specifying the numbers you want to sell.

"If you want to cash in from a specific range of Bond numbers, you'll need to list on the form the start number of each Bond you want to cash in (otherwise we'll automatically cash in your oldest Bonds first). We’ll then cash in from the end of each range of Bond numbers you specify."

This only works by post, not online.

If I had a £30k I would want a block, so if I bought a £30k block then told them I had £30,001 could I sell one from the block (prob first or last)?:)

Cheers

Ifts

saintalan wrote: »

Isn't it a £2 min block now ?:)

Purchase and holding limits
41. Bonds may be purchased in multiples of £1. The minimum purchase at any time is £100 (one hundred £1 units). Purchases made by cheques for less than £100 will be returned to the applicant.
42. Where the purchase is made under the Regular Purchase Scheme (see paragraph 38) the minimum is £50 (fifty £1 units). If any purchase is for less than £50 it will be returned to the Bond holder’s bank in full.
43. The purchase limits in paragraph 41 and 42 do not apply where the purchase is made under an automatic prize reinvestment mandate (see paragraph 39). Where such a purchase will take the holding up to the maximum limit (see paragraph 44), any balance of a prize will be paid to the Bond holder.
44. A Bond holder may not hold more than £30,000 (thirty thousand £1 units). This limit is set by the Regulations and may be changed from time to time. If any purchase would result in this limit being exceeded, the payment will be returned in full.

http://www.nsandi.com/savings-premium-bonds

Wyndham

To return to the original topic.....

I had an old one which was both at a very old address and in my maiden name - my parents found it when they had a clear out. Mine was for £1 too. I checked on line (using the certificate) and found that I had won exactly nothing at all over the nearly 20 years

I then rang them and they sent me a form to fill in to update my details. I now have a £1 premium bond for my correct name and address. Maybe this year will be my year to be a millionaire