SORRY MARTIN, PREMIUM BONDS NOT SO SAFE AFTER ALL.

strawb_shortcake

Winning £1160 on £40 of premium bonds in 21 years seems incredibly lucky...

Hattie627

sheramber said:

Hattie627 said:

If NS&I still have "live" bonds purchased in (say) 1957 but never cashed in, or corresponded about since then, there must come a time when they can assume that the holder is dead. If the bonds were purchased for a baby at birth, they could still potentially be held by a live holder120 years later (at the absolute limit). So in 2077, could NS&I cancel the bonds or do they have to keep them open for  eternity? 

I bought bonds in 1959.

As far as am aware I am still alive and Kicking. 

Long may you remain so!

Kim_13

strawb_shortcake said:

Winning £1160 on £40 of premium bonds in 21 years seems incredibly lucky...

And impossible (haven’t prizes always been multiples of £25?) Though it’s possible that the operative was rounding up and £2,190 would be quoted as £2,200.

Grumpy_chap

eskbanker said:

sheramber said:

Hattie627 said:

If NS&I still have "live" bonds purchased in (say) 1957 but never cashed in, or corresponded about since then, there must come a time when they can assume that the holder is dead. If the bonds were purchased for a baby at birth, they could still potentially be held by a live holder120 years later (at the absolute limit). So in 2077, could NS&I cancel the bonds or do they have to keep them open for  eternity? 

I bought bonds in 1959.

As far as am aware I am still alive and Kicking. 

But do you expect that to continue past 2077?

Well, 2079 to be equal to the previous poster's assessment.

Grumpy_chap

strawb_shortcake said:

Winning £1160 on £40 of premium bonds in 21 years seems incredibly lucky...

Or even £2,160...

Then again, one win of £2k early on reinvested to PBs now increases the chance of further wins.  Would still need another 6 or 7 minimum value wins to reach that outcome.  So, still above average luck I would have thought.

Fortunately, the £40 invested 50 years ago did not win the top prize early on, or this really would have been a bad luck story.

Aretnap

Grumpy_chap said:

strawb_shortcake said:

Winning £1160 on £40 of premium bonds in 21 years seems incredibly lucky...

Or even £2,160...

Then again, one win of £2k early on reinvested to PBs now increases the chance of further wins.  Would still need another 6 or 7 minimum value wins to reach that outcome.  So, still above average luck I would have thought.

Fortunately, the £40 invested 50 years ago did not win the top prize early on, or this really would have been a bad luck story.

Thigh if we're going with the "maybe the OP did just withdraw the money 30 years ago and completely forgot about it" explanation, they'd perhaps remember it better had it been the top prize...

IAmRobbo

I remember buying a round in a pub 29 years ago and paying with a tenner but only receiving change for a fiver.  Am I too late to go back to the pub and ask for my fiver?

kipsterno1

I've bookmarked this post so I can revisit it in 29 years to see if there is an update from the OP. I just hope no one changes the web address.

Doidle99

elsien said:

I am curious, though.  Why would a change of postcode mean the post going elsewhere?

If I live at 1 Bridge Street,
                 x town
I would still expect my post to come to 1 Bridge Street X town unless there was an identical house and road number in the new postcode? 

People get postcodes wrong all the time, but the post still arrives.

Completely correct. I did,of course, check if there is an identical address somewhere. There is not. I lived in a small Scottish village.

Section62

Doidle99 said:

elsien said:

I am curious, though.  Why would a change of postcode mean the post going elsewhere?

If I live at 1 Bridge Street,
                 x town
I would still expect my post to come to 1 Bridge Street X town unless there was an identical house and road number in the new postcode? 

People get postcodes wrong all the time, but the post still arrives.

Completely correct. I did,of course, check if there is an identical address somewhere. There is not. I lived in a small Scottish village.

So is the old postcode in use for a different address now?  If so, when did that happen?