We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
The MSE Forum Team would like to wish you all a Merry Christmas. However, we know this time of year can be difficult for some. If you're struggling during the festive period, here's a list of organisations that might be able to help
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Has MSE helped you to save or reclaim money this year? Share your 2025 MoneySaving success stories!
When is the Premium Bonds draw?
Comments
-
The date the draw takes place has no relevance to whether you are entered into the draw. The cut off for being entered into the draw is that you have to hold them on the first day (not working day) of the month. You don't need to hold them on the day the draw takes place. So the OP has already qualified to be in this month's draw.
Per the Customer Agreement: "Once a Premium Bond is eligible for draws, it will take part in each month’s draw provided you still hold the Bond on the first day of the month."2 -
Don't know if you have a Direct Saver account with NS&I, but if you do, you can cash them into that and it is processed immediately. Then you can withdraw from the DS to your linked account.
I learnt that trick the other day, in this thread (thanks to km1500):
Cashing in Premium Bonds before the April 5th Deadline
edit: I have just opened a Direct Saver with NS&I (took 2 mins to do as existing customer) and put a £1 in it, in case I need to use this work around in the future to get the money out to me quicker.Never let the perfume of the premium overpower the odour of the risk5
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.9K Banking & Borrowing
- 253.9K Reduce Debt & Boost Income
- 454.7K Spending & Discounts
- 246K Work, Benefits & Business
- 602.1K Mortgages, Homes & Bills
- 177.8K Life & Family
- 259.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards
