Premium Bonds
Prizes are drawn monthly and range from 25 to 1 million paid free of tax. A Premium Bond is a lottery bond issued by the United Kingdom government since 1956.
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The home of Premium Bonds.
. The principle behind Premium Bonds is that rather than the stake being gambled as in a usual lottery it is the interest on the bonds that is distributed by a lottery. If you buy an outstanding bond in the secondary market at a price of less than par and hold it until it matures at the. At present it is issued by the governments National Savings and Investments agency.
We created Premium Bonds and you can only get them from us. Premium bonds may avoid negative tax consequences. For every 1 of savings you invest youll get a unique bond number.
As we know it is a national savings account designed to give savers in the UK somewhere safe to. Instead savers purchase 1 bonds which are entered into a draw on the first of each. For example if you invest.
Premium Bonds are valued at 1 each and the minimum holding is 25 maximum 50000. Open an account and you could win big in our monthly prize draw. NSIs Premium Bonds savings vehicle is unusual it doesnt pay interest.
A Premium Bond is a lottery bond issued by the United Kingdom government since 1956. Premium Bonds in the UK are administered under NSI National Savings Investment. A premium bond is a bond that is selling for more than its par value on the open market.
The bonds are entered in a monthly prize draw and the government promises to buy them back on request for their original. Bonds usually trade for a premium if their interest rate is higher than the market. At present it is issued by the governments National Savings and Investments agency.
Two-factor authentication is hereThe way you log in to your account has changed. Before we get into the advantages lets take a look at the basics of how premium bonds work.
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