Premium Bonds - best time to invest?

Apodemus

polymaff wrote: »

Been regularly buying PBs on the last day of the month by Debit Card.

No Probs.

BTW, although it takes time for the payment to debit the bank account, it is taken off the "funds available" instantly.

I've been doing the same by internet banking and it has nearly always been ok. I think the couple of times that have not been credited immediately were when the last day of the month was at the weekend.

polymaff

Apodemus wrote: »

I've been doing the same by internet banking and it has nearly always been ok. I think the couple of times that have not been credited immediately were when the last day of the month was at the weekend.

Yes, I thought that I'd typed working day. Still suffering from P-BB-WS (post-budget brain-warp syndrome), I expect

Ifts

ColdIron wrote: »

Transfers out via BACS takes up to 3 working days.

I cashed in some PB's yesterday (7th March) using the NS&I online service and today the money is showing as cleared balance in the linked account (though its dated 9th March on the statement).

BeachNut

31 January, even if it is a leap year, to minimise the period (Feb) when your funds are just sitting there.