Premium Bond Winner ?

beedeedee

Still haven't received my winnings (2 x £25) this month yet........should I be worried now?

suzy_g

We have invested the full 30.000 while the interest rates are low, we will be in the march draw , good luck everyone

Nixxx

Hmm, thinking of investing in PBs again.
Someone with a £400 holding won £50k. Thats amazing!

suzy_g

Do it ,we are doing it while the interests rate's are low. good luck

dzug1

beedeedee wrote: »

Still haven't received my winnings (2 x £25) this month yet........should I be worried now?

Not yet - give it a few more days. £50 winning arrived the day you posted so I guess the £25s will be a little later.

bamberbamboo

£100.00 arrived Sat 20th, happyyyyyyyyy

beedeedee

They must have arrived on Saturday - as we were away and only got back yesterday! That was a longer wait than usual for us, so will remember that in future.

Nixxx

OK Guys, need your help.

Has anyone got any experience with buying PBs online? I've just read this extract from the nsandi website

Cheque and debit card clearance

If you buy your Bonds by cheque or debit card, your payment will be cleared on the seventh working day (ie excluding weekends and English bank holidays).
For example, if we receive your cheque or debit card details on a Monday, your payment will be cleared on the Tuesday of the following week. Allow one additional day for each English bank holiday.
Bonds can only be cashed in after your payment has cleared.
If you buy your Bonds at a Post Office® branch and pay by cheque, your payment will take two working days longer to clear.
We will bank your cheque, or start to process your debit card payment, as soon as we receive it, so please make sure you have enough money in your account at the time.

Does it really take that long for my debit card to clear. I was hoping to buy some bonds today, but it looks like it wont clear until next wednesday which is March. Which means that the first draw I will be eligible for is May. Have I read this correctly? Isn't there a quicker way?

camper_1982

You have to hold the bonds 1 month before they are even entered into the draw.

Nixxx

camper_1982 wrote: »

You have to hold the bonds 1 month before they are even entered into the draw.

Yes I am aware of this. Apologies, i don't think my question was very clear. I am trying to find out when the draw is. i.e Is the draw on the first of every month? If I buy premium bonds today then I would have held them for 30days on 02 April 2010 (assuming my debit card clears on 03 March 2010). So will my first eligible draw be 01 May?

Or is the draw at another point in the month i.e (5th of April) for me to still be eligible for the April draw?

If it is the first of every month then I can wait till 23 March to invest to still be eligible for 01 May draw.

Am I on the right track?:o