Premium Bonds
Win tax free prizes…
Premium Bonds are run by the Government's National Savings and Investments, and are a way of saving money. Unlike high interest rate savings accounts which earn money through interest payments, Premium Bonds give their investors the chance to win tax-free prizes.
Features of Premium Bonds:
- You are allocated a number for every £1 invested
- The minimum investment is £100 (£50 if you pay by standing order)
- £100 buys 100 bond numbers, which is 100 chances of winning a prize
- You can hold up to £30,000 Premium Bonds
- Combine secure savings with the chance of winning tax-free prizes
Premium Bond prizes range from £50 to £1million, and each month's prize fund – which always includes two £1million prizes –is equal to one month’s interest on the total value of all eligible bonds.