Pensioner Bonds now on sale

[Deleted User]

Hi,

Alter_ego wrote: »

Yes but there must be a few not on MSE who are trying.

still no reason to panic.

gadgetmind

Everyone need to keep hitting F5, and use multiple browser windows. That's bound to help.

mike88

mgdavid wrote: »

Identical to my situation - don't worry it will all happen OK.

Not acccording to NS&I. Apparently if the system did not provide you with a reference number after the payment process the transaction cannot be traced. They advised me to cancel the transaction and start again. Apparently there are many in the same boat. The bank has told me this can't be done in a practical sense but after 5 days, if the money has not been claimed by NS&I, the money will revert to my account.

[Deleted User]

Alter_ego wrote: »

That's enough for 1 million people to invest, save, buy a £10,000 bond each

yes and only 500,000 to get the full 20k. Not that many people tbh so no wonder the site was jammed

simplealan

500,000 is probably less than 5% of pensioners.
£20k does not sound unreasonable for a prudent retired couple.

simplealan

frugalmacdugal says "no reason to panic"
this is taken from MSE website today:-
"
Pensioner Bonds launched today: go quick if you want one

"
take your pick who you believe...

mgdavid

simplealan wrote: »

frugalmacdugal says "no reason to panic"
this is taken from MSE website today:-
"
Pensioner Bonds launched today: go quick if you want one
......

which I took to mean 'don't leave it until Easter or next tax year'

LXdaddy

simplealan wrote: »

500,000 is probably less than 5% of pensioners.
£20k does not sound unreasonable for a prudent retired couple.

The figures quoted on R4 Today this morning was "...500,000 out of 11 million who are eligible to apply" So yes, less than 5% of people over 65 (assuming the first half million max out both versions of the bond)

Probably sensible not to panic but with all the hype in the press about what a good deal it is and the limited amount for sale it's not at all surprising that the public wanted to get in while it is available.

lolly5648

Can you pay 2 x £10000 on a debit card in one day or is there a daily limit?

nilrem_2

Lol I had a 'go' this afternoon and after a frustrating wait got nowhere!
Might have another go in a couple of days time when the panic is over.
NS are saying they should be on sale for months.

If I miss out it's not the end of the world.