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'NS&I to keep paying Premium Bond prizes by cheque after complaints force U-turn'
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MSE News: NS&I to keep paying Premium Bond prizes by cheque following complaints

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Premium Bond-holders will be able to continue getting paper prize cheques after NS&I bowed to complaints about plans to axe them.
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https://www.nsandi.com/get-to-know-us/quicker-prizes
You can have prizes paid straight to your bank account (or NS&I Direct Saver) or reinvested into more Bonds, giving you even more chances to win. Choose either of these options and we’ll let you know by text or email if you win.
Edit: that page does also hint at additional (unspecified) options:
Don’t have an email address or a UK mobile phone?
Please call us and we can discuss an alternative arrangement for you.
I blame the demise of the gold standard. Everything went to pot after that...