Premium Bonds holder asks if outdated Bonds nonetheless go into prize draw

Sep 04, 2023 at 10:00 AM
Premium Bonds holder asks if outdated Bonds nonetheless go into prize draw

NS&I has responded to an individual who requested if their bought within the Nineteen Sixties would nonetheless be legitimate for the month-to-month prize draw.

Twitter consumer Heather Turner @9hevs1966) requested the supplier: “I have £4 of Premium Bonds from the 1960s.

“I currently have no other PBs. Will they still be included in your monthly draws?”

NS&I responded to substantiate they’d nonetheless be entered into every month-to-month prize draw “as long as they have not been withdrawn”.

One winner within the September draw, from Australia, gained £50,000 for a successful Bond they bought 35 years in the past in January 1968.

People could wish to examine for any unclaimed winnings as every £1 Bond has an equal likelihood of successful within the month-to-month prize draw.

Many massive money prizes are on provide in every draw together with two jackpot prizes for £1million. The prize fund charge for the month-to-month prize draw just lately elevated once more from the September draw, rising from 4 % to 4.65 %.

NS&I chief govt, Dax Harkins, stated beforehand: “Premium Bonds are one of the nation’s favourite savings products, so increasing the prize fund rate to its best level since 1999 and improving the odds means that more people will have the chance to win prizes each month.”

An particular person can improve their likelihood of successful by buying extra Bonds and an individual can maintain as much as 350,000 in Bonds.

Also within the September draw, a winner from West Yorkshire took residence £100,000 for a successful Bond that was a part of simply £50 in Bonds they bought again in December 2005.

In distinction, one particular person from Warwickshire gained £100,000 for a Bond they bought earlier this yr in January. They beforehand had simply £300 in Bonds.

There are a number of methods for an individual to examine if they’ve any unclaimed prizes. They can discover out utilizing the prize checker software, the app or an Alexa-enabled system.

Winners usually select to make use of their winnings to purchase extra Bonds and so improve their possibilities of successful once more.

But prospects ought to observe because the winners are chosen fully at random, an individual can go many months and even years with out successful a prize.

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