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Premium Bonds Article Discussion Area

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Comments

  • Yes, the money went immediately, and the certificates arrived a few days after sending the signed form back. All very quick.
  • allan673
    allan673 Posts: 1,213 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    cheers, doing it now
  • I have £14250 invested and have won £50 each month for the past 4 months, before that I was getting £100 wins and a £1000. :money:

    It does get depressing when you see that some of the higher prizes going to holdings of £1000 or £500. I've had them for 3 years and used to save £200 each month. But now I've stopped. As the money won't really earn that much elsewhere I'm just going to sit on it for the time being.
  • martynh99
    martynh99 Posts: 134 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    With interest rates as low as they are I figured the money i've just come into from selling the house would be just as well in premium bonds as it would in a bank account.
    Invested 30k mid Feb so 1st april will be first draw date
  • shrewsaver
    shrewsaver Posts: 155 Forumite
    Just bought £1,500 worth of bonds the other day which takes up my holding to £1,700. I have also set up a standing order to come out of bank account each month so will be well on my way to meeting my target of holding £2,500 by the end of this year.
    Save £12K IN 2013 Member #217 £3654.88/£6,000 (60%)
    Shares: £273.36 (Bought £494.14) £220.78
    SIPP: £5,366.63 (Bought £5,429.44) £503
    S&S ISA: £11,560.70 (Bought £10,537.58) £1,023.12
  • shrewsaver
    shrewsaver Posts: 155 Forumite
    Could someone please explain to me what people that are posting in this thread and ****Premium Bond Winner??**** mean by stoozing please.
    Save £12K IN 2013 Member #217 £3654.88/£6,000 (60%)
    Shares: £273.36 (Bought £494.14) £220.78
    SIPP: £5,366.63 (Bought £5,429.44) £503
    S&S ISA: £11,560.70 (Bought £10,537.58) £1,023.12
  • Paul_Herring
    Paul_Herring Posts: 7,484 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    shrewsaver wrote: »
    Could someone please explain to me what people [...]mean by stoozing please.

    http://www.stoozing.com/g_stooz.htm
    Conjugating the verb 'to be":
    -o I am humble -o You are attention seeking -o She is Nadine Dorries
  • alanwsg
    alanwsg Posts: 805 Forumite
    Part of the Furniture 500 Posts Name Dropper
    I've been looking around the NS&I website so I suspect I know the answer to this already but is it possible to have premium bond winnings paid directly into my bank account rather than receive a cheque?

    Cheques are so "last century"!
  • shrewsaver
    shrewsaver Posts: 155 Forumite
    alanwsg wrote: »
    I've been looking around the NS&I website so I suspect I know the answer to this already but is it possible to have premium bond winnings paid directly into my bank account rather than receive a cheque?

    Cheques are so "last century"!

    No, not for the smaller winnings anyway. From what I understand and have heard on here, if you are one of the big prize winners they will send you a letter asking for your bank details and then that will be paid in directly but defo not for smaller winnings.
    Save £12K IN 2013 Member #217 £3654.88/£6,000 (60%)
    Shares: £273.36 (Bought £494.14) £220.78
    SIPP: £5,366.63 (Bought £5,429.44) £503
    S&S ISA: £11,560.70 (Bought £10,537.58) £1,023.12
  • squink
    squink Posts: 72 Forumite
    Am looking for best options for elderly person, come into @£400k, wants to buy house (@£250k), no pension (state only), small income from share dividends - how best to use remaining dosh (ie. £150K) to live from?
    Advised by sound friend that p/bond (@ £30K) good idea in current climate for security, but Martin's tips are: low typical return for p/b (av. £450 p.a.) vs top ISA (£1053 return in year) and top saver (£900 in year).
    Confused as to the point in putting into p/b's since spreading through all the top savers @ £50k each, all have higher interest rate (p/b @ 1.8%) therefore much bigger return.
    Am I missing something (apart from the "thrill" of chance) ?
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