IMPOSSIBLE TO PURCHASE NS&I 6% BONDS

lr1277

@LindsayT: Feel free to disagree.

I remember somebody complaining about not being able to use their debit card to buy an NS&I product. I thought it was Halifax. They mentioned the £25k limit. So I posted  that they wouldn't be able to buy 2 first class tickets to New York on BA as these cost in excess of £30k. The poster agreed with me (assuming they wanted to buy airline tickets wth a debit card).

Having looked through my comments back to March of this year, I haven't found my post. Not saying it isn't there, just that I didn't find it.

jaceyboy

Can you open multiple bonds then on the same account?

refluxer

jaceyboy said:

Can you open multiple bonds then on the same account?

Yes, you can.

ColdIron

jaceyboy said:

Can you open multiple bonds then on the same account?

What do you mean by 'account'?

Each bond has its own account number so they would be separate accounts

If you mean on the same NS&I Holders account (including Premium bonds and other bonds etc) then yes as long as the total across GGB accounts does not exceed £1 million

jaceyboy

ColdIron said:

jaceyboy said:

Can you open multiple bonds then on the same account?

What do you mean by 'account'?

Each bond has its own account number so they would be separate accounts

If you mean on the same NS&I Holders account (including Premium bonds and other bonds etc) then yes as long as the total across GGB accounts does not exceed £1 million

What I meant is, can I open up one bond with say £50k, then open another tomorrow with say £50k and they would be different maturity dates?

ColdIron

Absolutely, yes

• Can I top-up a Guaranteed Growth Bond I've already bought?

• No, once you’ve bought a fixed-term Bond, you can’t add any more money to it.

  You can buy more Bonds though if they are still on sale, up to a total value of £1 million per person in the current Issue.

  Each Bond you buy is a separate investment with its own maturity date.

jaceyboy

ColdIron said:

Absolutely, yes, as many as you like

Thank you I did wonder