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

[jules_s]

Cheers people

It did occur to do that - Presumably you get an online account?

Apologies - I've never, ever, looked into this and the online NS&I website doesn't really inspire me tbh

[condor]

I phoned them and asked them to send me a premium bond application form as I wanted to send a cheque rather than do an online transfer.

[Mr Whippy]

liner33 said:

Do it in smaller payments , you don’t have to do it all at once , my mum did it in £10k payments over a few weeks

Exactly.

I did £10.
Then £1,000.
Then £10,000.
Then £20,000.


Oooor you can set up a postal enabled account, from which you can then transfer to PBs iirc.

[markymarkthree]

jules_s said:

Cheers people

It did occur to do that - Presumably you get an online account?

Apologies - I've never, ever, looked into this and the online NS&I website doesn't really inspire me tbh

And if you can do it all before the end of April and you will be in the June draw. Good luck.

[witteringon]

For and against buying PB's in dribs and drabs or a large investment in one go?
Is one large block of numbers likely to be more productive than several smaller tranches - I know in theory the chances should be equal, but in the real world?
And if you put in the max 50K in one go do you get allocated one solid block of numbers or is it split into smaller groups?

[cuprabob]

witteringon said:

And if you put in the max 50K in one go do you get allocated one solid block of numbers or is it split into smaller groups?

You get allocated one block of 50k numbers.

[Register1]

Hi All,

Is this the rite website for buying premium bonds ?

https://www.nsandi.com/products/premium-bonds

or this one?

https://www.nidirect.gov.uk/articles/national-savi...

Thanks

[cuprabob]

Register1 said:

Hi All,

Is this the rite website for buying premium bonds ?

https://www.nsandi.com/products/premium-bonds

This one.

[Mr Whippy]

witteringon said:

For and against buying PB's in dribs and drabs or a large investment in one go?
Is one large block of numbers likely to be more productive than several smaller tranches - I know in theory the chances should be equal, but in the real world?
And if you put in the max 50K in one go do you get allocated one solid block of numbers or is it split into smaller groups?

It's one solid block of bonds if bought in one chunk.

I bought big chunks and smaller chunks and they've all won rather randomly.

Ie, one month I think I got three £25 wins within one £5,000 block of bonds.

Then other times they've been spread around.

I wouldn't worry at all about the statistical spread.

[Register1]

cuprabob said:

Register1 said:

Hi All,

Is this the rite website for buying premium bonds ?

https://www.nsandi.com/products/premium-bonds

This one.

Thanks for quick reply

[Register1]

Yeah,
Also bought with my debit card.
Quite easy really.

Out of interest, I wonder how many people have the full allowance of £50,000 ?

[PM3]

Register1 said:

Yeah,
Also bought with my debit card.
Quite easy really.

Out of interest, I wonder how many people have the full allowance of £50,000 ?

Many many people.... even I know at least 5 people ( not including couples either ) who are maxed out ...and for some time

[AB]

Register1 said:

Out of interest, I wonder how many people have the full allowance of £50,000 ?

My wife and I do most of the time. Keep it aside for tax return then top it back up again.

[Register1]

PM3 said:

Register1 said:

Yeah,
Also bought with my debit card.
Quite easy really.

Out of interest, I wonder how many people have the full allowance of £50,000 ?

Many many people.... even I know at least 5 people ( not including couples either ) who are maxed out ...and for some time

So a husband will have 50k, and his wife also hold a 50k ?

[cuprabob]

Register1 said:

PM3 said:

Register1 said:

Yeah,
Also bought with my debit card.
Quite easy really.

Out of interest, I wonder how many people have the full allowance of £50,000 ?

Many many people.... even I know at least 5 people ( not including couples either ) who are maxed out ...and for some time

So a husband will have 50k, and his wife also hold a 50k ?

Yes, maximum 50k per person.

[Spidersleg]

Don't forget the kids

[Pupp]

Must be tough for the married stair dominating powerfully built PH directors’ spouses, podding out all those kids to soak up the multiple spare wads of £50k we all have…

[number2]

Seems odd people having so much (multiples of 50k) in premium bonds. Outside of a short term home for cash, it must just be a small part of a multimillion pound investment portfolio .

[Zoon]

number2 said:

Seems odd people having so much (multiples of 50k) in premium bonds. Outside of a short term home for cash, it must just be a small part of a multimillion pound investment portfolio .

True if you can afford to keep devaluing £100k a year by getting next to no returns on it.
Must be the new status symbol

[markymarkthree]

Spidersleg said:

Don't forget the kids

And the grand kids.