Premium Bonds

A recent report in the Times newspaper describes a scam targeting people with premium bonds. At present it is issued by the governments National Savings and Investments agency.

60million Up For Grabs Thanks To Lost Premium Bonds How To Claim Your Prize Mirror Online

Before we get into the advantages lets take a look at the basics of how premium bonds work.

. The home of Premium Bonds. We created Premium Bonds and you can only get them from us. A premium bond is a bond that is selling for more than its par value on the open market.

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. A Premium Bond is a lottery bond issued by the United Kingdom government since 1956. Premium bonds may avoid negative tax consequences.

Bonds usually trade for a premium if their interest rate is higher than the market. For every 1 of savings you invest youll get a unique bond number. Some parents go beyond this limit by buying bonds for themselves and for their children.

Prizes are drawn monthly and range from 25 to 1 million paid free of tax. Hannah Jewell invested PS1700 in a high-interest. Scams On Premium Bonds.

If you held the maximum of 50000 you would on average win one-two prizes a month although they would most likely all be 25. For example if you invest. Premium Bonds are valued at 1 each and the minimum holding is 25 maximum 50000.

The maximum premium bonds you can hold is 50000. This website can calculate results for investments up to. Open an account and you could win big in our monthly prize draw.

One individual can invest up to 50000.

Premium Bond Wikipedia

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