A person with outdated Premium Bonds has had hassle including them to his on-line account.

Twitter person @sueballagher contacted NS&I as her dad was attempting to open a web based account to then add his paper Premium Bonds from the late Nineteen Fifties and later Seventies.

She requested the supplier: “Are the older paper Bond numbers automatically added to his account or will he have to add them separately?”

NS&I requested her if their dad was utilizing his holder’s quantity from the outdated Bonds, and he or she mentioned she tried this however “it’s not working”.

She additionally requested: “He was wondering when he opens an online account and bought more Bonds he could add his older Bonds to it or would they be added automatically?

NS&I then told Sue her dad would need to write to the provider to ask for the old Bonds to be updated and added to the online account.

Another long-time saver recently contacted NS&I as they had never won in the monthly prize draw despite holding Bonds for 55 years.

They wanted to know if older Bonds become obsolete and the provider assured them this is “absolutely not” the case.

The odds of profitable are rising from the August draw, with the prize fund fee rising from 3.7 p.c to 4 p.c.

The possibilities of profitable are going up from 24,000 to 1 to 22,000 to 1, with an additional £30million in prizes to be added to the winnings.

An individual can improve their possibilities of profitable by shopping for extra Bonds, and a saver can have as much as £50,000 in Bonds.

People typically select to reinvest their winnings to purchase extra Bonds and improve their possibilities of profitable once more.

Each month-to-month prize draw contains two jackpot prizes for £1million and different giant prizes together with £100,000 and £50,000.

But savers ought to observe it’s nonetheless all the way down to luck whether or not or not they win or not, so an individual could go many months and even years with out profitable something.

The Premium Bonds scheme launched in 1956 and any £1 Bond way back to when the financial savings choice started may win a money prize every month.

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