NS&I Premium Bonds
Who is going to get and how a great deal
Any person aged 16 or higher should purchase Bonds.
Obtain ?25 around ?50,000 as a whole.
All gifts tend to be tax-exempt
Conditions for reward amount
No find, no fee
Apply and cash in using the internet, by cellphone or by post
Some definitions clarified
Tax-free signifies that booty were exempt from english income-tax and Capital Gains Taxation.
Kindly always’ve read our brochure incorporating the customer contract (terms and disorders latest up to date on 22 November 2020) before applying.
Change to High Quality Securities
Remember to look at the critical products details below before switching this account fully for children under 16.
Essential product ideas
NS&I Top Quality Ties
Who can buy and the way much
Any individual aged 16 or over can get ties.
Buy from ?25 over to ?50,000 overall.
No curiosity garnered. Alternatively, the rate of interest finances a monthly prize keep for tax-exempt booty.
All gifts tend to be tax-free
Disorders for bonus offer repayment
No feel, no fee
Apply and cash in on the internet, by mobile or by posting
Some meanings clarified
Tax-exempt makes certain that prizes happen to be relieve from UK tax and funds increases Income tax.
Remember to be sure you’ve study our personal pamphlet incorporating the client settlement (terms and situations previous refreshed on 24 December 2019) before you apply.
You’ll need to have the sticking with know-how handy:
- the child’s NS&I multitude (if they’ve one)
- the sort of profile they’re converting from, and so the related membership or holder’s numbers.
Switch to Top 
Quality Ties
Make sure you take a look at key solution info below before using this membership.
Crucial solution ideas
NS&I High Quality Alliance
Who could buy and the way a great deal
Anybody elderly 16 or over can get ties.
Purchase from ?25 doing ?50,000 altogether.
No attention earned. As an alternative, the interest rate investments a monthly prize keep for tax-exempt prizes.
All prizes is tax-exempt
Conditions for incentive pay
No note, no penalty
Employ and cash in using the internet, by mobile or by article
Some descriptions demonstrated
Tax-free means that booty is relieve from UNITED KINGDOM income-tax and money improvement Taxation.
Satisfy you need to’ve review our pamphlet which include the buyer settlement (terms and circumstances previous modified on 24 December 2019) before you apply.
You’ll have to have the following expertise handy:
- the NS&I quantity (when you have one)
- the type of membership you are really shifting from, as well as the related profile or holder’s multitude.
Best your Premiums Ties
In the event that you already have a free account with us, you could potentially top it up when you including.
A few implementing details towards lender:
Referral: Make sure that you key in their (and/or young child’s) Premium securities case’s number simply (maybe not your NS&I numbers) as your research. There does exist the holder’s quantity on bond track record or by log in using the internet. Make sure that you enter in the owner’s number properly without hyphens, places or complete stops. Model of membership: the bank may ask you what sort of profile you are really spending directly into. Remember to choose ‘business’. Payee name: NS&I accounts amounts: 11994808 Sort laws: 08 31 15
- You really must be elderly 16 or over and buying alliance by yourself or perhaps for children under 16.
- You your child must have already got some high quality Bonds, and you should know your very own (as well as the child’s) holder’s quantity.
- Each financial should at minimum ?25 plus complete pounds.
- The bank profile must an UK levels in your term.
- When choosing by lender shift, you might be confirming you have study and accepted today’s buyer settlement.
- Any transmit that get you within the ?50,000 limit will be immediately returned completely to your savings account, so you might need to look at the advanced Bonds balances before spending.
- Please be aware that people refuse to recognize payment via Clearing quarters computerized installment System (CHAPS).
As soon as you set-up your own paying, you may possibly get a message claiming ‘This membership can’t be tested’ or something close. It doesn’t imply the information you are actually using include wrong but you should scan all of them thoroughly.
Topped up by financial institution transfer or standing up purchase? You’ll manage to begin money into your accounts in 2-3 business days
For additional info on topping awake by financial shift view our FAQs
Finest all the way up by debit cards
Ideal enhance advanced securities with your debit cards