Premium Bonds Article Discussion Area

BlueOblong

Yes, the money went immediately, and the certificates arrived a few days after sending the signed form back. All very quick.

allan673

cheers, doing it now

Sword_OF_Damocles

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

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

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.

shrewsaver

Could someone please explain to me what people that are posting in this thread and ****Premium Bond Winner??**** mean by stoozing please.

Paul_Herring

shrewsaver wrote: »

Could someone please explain to me what people [...]mean by stoozing please.

http://www.stoozing.com/g_stooz.htm

alanwsg

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

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.

squink

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) ?