Premium Bonds: NS&I prize draw imminent – how to check and claim a prize

The first is that a prize can be paid directly into a bank account, ideal for those already registered for NS&I’s online and phone service.

Secondly, prizes may be paid by post in some instances, where NS&I may post a warrant, similar to a cheque, which can then be taken to a bank to receive. 

Finally, savers may choose to reinvest their prize into more Bonds, which can be done either through the company’s online portal, or through the automatic reinvestment form.

At present, to invest in a Premium Bond, the minimum holding is £25, and the maximum is £50,000.


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