Premium Bonds

This website can calculate results for investments up to. A premium bond is a bond that is selling for more than its par value on the open market.

Premium Bonds Are They Worth Buying Moneysavingexpert

Bonds usually trade for a premium if their interest rate is higher than the market.

. One individual can invest up to 50000. The home of Premium Bonds. We created Premium Bonds and you can only get them from us.

Premium Bonds are valued at 1 each and the minimum holding is 25 maximum 50000. The maximum premium bonds you can hold is 50000. Open an account and you could win big in our monthly prize draw.

For every 1 of savings you invest youll get a unique bond number. As we know it is a national savings account designed to give savers in the UK somewhere safe to. Some parents go beyond this limit by buying bonds for themselves and for their children.

At present it is issued by the governments National Savings and Investments agency. 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. Prizes are drawn monthly and range from 25 to 1 million paid free of tax.

For example if you invest. Premium Bonds in the UK are administered under NSI National Savings Investment. Premium bonds may avoid negative tax consequences.

Before we get into the advantages lets take a look at the basics of how premium bonds work. A Premium Bond is a lottery bond issued by the United Kingdom government since 1956. 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.

Premium Bond Winners For October Moneyfacts Co Uk