Premium Bonds - Not a bean for months now!!!!

Premium Bonds - Not a bean for months now!!!!

Author
Discussion

JulianHJ

8,750 posts

263 months

Sunday 5th May
quotequote all
£275 this month on £22.5k.

I've won £900 in the last 12 months, although for the first 6 months my holdings were £16k, and I've been adding £1k-£2k per month over the last 6 months. I fully expect to get nothing at all for ages now I've increased my holdings this month to £30k.

KobayashiMaru86

1,184 posts

211 months

Monday 6th May
quotequote all
Another £225 this month on what started as a £20k holding. May stick some more in.

CLK-GTR

761 posts

246 months

Monday 6th May
quotequote all
My son is on 6% so far this year. Fairly pleased with that though I don't expect it to continue.

As a safe, easy place to park money it's not a bad option. I personally prefer treasuries but there's research that must go into that.

Cats_pyjamas

1,449 posts

149 months

Monday 6th May
quotequote all
£0 on 27k

rufusgti

2,532 posts

193 months

Monday 6th May
quotequote all
£150 on 13k
Not too Shabby

the-norseman

12,514 posts

172 months

Monday 6th May
quotequote all
nothing again

alangla

4,872 posts

182 months

Monday 6th May
quotequote all
Article in the Telegraph about long-held accounts that haven’t won anything, also includes the odds of beating a 4.65% return https://www.telegraph.co.uk/money/investing/had-pr...

Fonzey

2,067 posts

128 months

Monday 6th May
quotequote all
Back in the game last month, after clearing ours out to pay our HMRC friends off.

She got £400 on max, I got nada. Grr grr

ToMeToYou

503 posts

192 months

Tuesday 7th May
quotequote all
This is my monthly winnings so far...

June 2023 £575
July £50
August £0
September £50
October £400
November £200
December £25
January £150
February £525
March £50
April £200
May 2024 £750

Total so far £3025 (quickly calculated in my head)

Holding the full amount.

Thin White Duke

2,339 posts

161 months

Tuesday 7th May
quotequote all
Slightly off topic but NS&I don't half take their time transferring money.

I have a Direct Saver with them and transferred some money from it to my current account first thing on Friday morning. It's still not gone through.

If that was Marcus it would've been available within 2 hours.

trickywoo

11,895 posts

231 months

Tuesday 7th May
quotequote all
Thin White Duke said:
Slightly off topic but NS&I don't half take their time transferring money.

I have a Direct Saver with them and transferred some money from it to my current account first thing on Friday morning. It's still not gone through.

If that was Marcus it would've been available within 2 hours.
Bank holiday is your delay but they aren’t great.

Try shifting money out of vanguard. I know it’s not quite the same as positions need to be settled but you will be looking at a working week at least.

Gigamoons

17,754 posts

201 months

Tuesday 7th May
quotequote all
Anything to hold onto your cash in their fund for just a few extra days…

Thin White Duke

2,339 posts

161 months

Tuesday 7th May
quotequote all
The money went through today so no worries.

A slightly odd question now. My mother wants to cash in one her bonds which she says hardly ever wins. She went online and it says it will automatically withdraw the oldest bond/s first. The trouble is that's not the bond she wants to cash in.

She says when she used to correspond by mail you could pick and choose which bonds you cashed it.

Is there a way around it online?

towser44

3,504 posts

116 months

Tuesday 7th May
quotequote all
Thin White Duke said:
The money went through today so no worries.

A slightly odd question now. My mother wants to cash in one her bonds which she says hardly ever wins. She went online and it says it will automatically withdraw the oldest bond/s first. The trouble is that's not the bond she wants to cash in.

She says when she used to correspond by mail you could pick and choose which bonds you cashed it.

Is there a way around it online?
Don't think it's possible online, but someone on here has mentioned there is a paper form you can complete to choose which bonds to cash in.

Thin White Duke

2,339 posts

161 months

Tuesday 7th May
quotequote all
towser44 said:
Don't think it's possible online, but someone on here has mentioned there is a paper form you can complete to choose which bonds to cash in.
Thanks. I've found the form you can print out.

deggles

618 posts

203 months

Wednesday 8th May
quotequote all
Thin White Duke said:
towser44 said:
Don't think it's possible online, but someone on here has mentioned there is a paper form you can complete to choose which bonds to cash in.
Thanks. I've found the form you can print out.
You can fill in this form online and specify which Bond numbers to cash in. I did it a while back as I have some from childhood I'm sentimentally attached to laugh
https://forms.nsandi.com/gateway/online-forms/inde...

steve-V8s

2,902 posts

249 months

Wednesday 8th May
quotequote all
Why I wonder do they send a message saying “ Congratulations You are a winner” and a separate message saying they have sent a message.

cuprabob

14,733 posts

215 months

Wednesday 8th May
quotequote all
steve-V8s said:
Why I wonder do they send a message saying “ Congratulations You are a winner” and a separate message saying they have sent a message.
The latter refers to a secure message on your account which in my case tells me that the prize has been re-invested. Sometimes I get the this email before the congratulations one smile

Anytime there is a new secure message it let's you know by email to prompt you to go in and read it.


Edited by cuprabob on Wednesday 8th May 13:48

2fast748

1,100 posts

196 months

Wednesday 8th May
quotequote all
deggles said:
Thin White Duke said:
towser44 said:
Don't think it's possible online, but someone on here has mentioned there is a paper form you can complete to choose which bonds to cash in.
Thanks. I've found the form you can print out.
You can fill in this form online and specify which Bond numbers to cash in. I did it a while back as I have some from childhood I'm sentimentally attached to laugh
https://forms.nsandi.com/gateway/online-forms/inde...
I've done the same as somehow despite being born in 1973 I have a bond from the 50's in my account.

Also, no winnings on the family 18K this month.

GrizzlyBear

1,077 posts

136 months

Friday 10th May
quotequote all
I am thinking of cashing them in now, I have had another phase with only a single pitiful £50 win in the last few months; on the full £50K!!!

So I might be cashing most in (probably keeping the £100 I have had in my name since the 70s), I would get a better return in a mid-rate savings account even after paying the tax!