Premium Bonds

Tuesday, November 1, 2022 Edit

A recent report in the Times newspaper describes a scam targeting people with premium bonds. Prizes are drawn monthly and range from 25 to 1 million paid free of tax.

How Do Premiums Bonds Work

About Premium bond investments.

. Premium Bonds are valued at 1 each and the minimum holding is 25 maximum 50000. A premium bond is a bond that is selling for more than its par value on the open market. By using ones NSI number a person can check if they have won a prize using the Premium Bonds.

A Premium Bond is a lottery bond issued by the United Kingdom government since 1956. Bonds usually trade for a premium if their interest rate is higher than the market. The second winning Bond number drawn was 324MB318235 and the winner comes from West Sussex.

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 both of these options youll already need to be. All the Premium Bonds are grouped under a unique holders number.

The winner holds 25253 in Premium Bonds and purchased their winning bond in. The second winning bond number drawn was 245PK699534 and the winner comes from Essex. The winner holds 50000 in Premium Bonds and purchased their.

Scams On Premium Bonds. Cash in Premium Bonds online or by phone. The maximum premium bonds you can hold is 50000.

The easiest way to cash in Premium Bonds is to call or use the online form. At present it is issued by the governments National Savings and Investments agency. Hannah Jewell invested PS1700 in a high-interest.

We are an international financial company engaged in investment activities which are related to trading on financial markets like forex trading stock.

Premium Bonds Common Myths Busted