Investment

Premium Bonds cannot be inherited or transferred to another individual if an NS&I customer dies. When a person dies, how do you cash in bonds? Don’t do anything. Until the bond matures, it will continue to receive interest. Our office will hold semi-annual interest payments and pay them when the bond is cashed. Reissue: Have […]

Have a large sum of money to set aside (the more bonds you have, the bigger your chance of winning a prize) Interest on savings is taxed (and have already used up your annual cash ISA allowance) The concept of a prize draw appeals to me (you could win big, but you also may not […]

No, because NS&I is a Treasury-approved and regulated company rather than a bank, your money is completely safe. Even if you’re a bad luck client who never wins, the money you invest in Premium Bonds is protected. Although not always in terms of money’s true value. Your money is dwindling in terms of what it […]

No, because NS&I is a Treasury-approved and regulated company rather than a bank, your money is completely safe. Even if you’re a bad luck client who never wins, the money you invest in Premium Bonds is protected. Although not always in terms of money’s true value. Your money is dwindling in terms of what it […]

What are Premium Bonds and How Do They Work? NS&I Premium Bonds are a type of savings account that you can deposit money into (and withdraw at any time), with the interest rate determined by a monthly prize draw. Overview Premium Bonds allow you to invest anywhere between £100 and £40,000. Each month, a draw […]

Have a large sum of money to set aside (the more bonds you have, the bigger your chance of winning a prize) Interest on savings is taxed (and have already used up your annual cash ISA allowance) The concept of a prize draw appeals to me (you could win big, but you also may not […]

Premium Bonds from NS&I allow you to save for the future without risking your initial investment. Because NS&I (National Savings and Investments) is a government-owned company, it is supported by HM Treasury. Premium Bonds have been available since 1957 and continue to be extremely popular, with over 21 million people investing a total of £72 […]

If you buy a bond from your home state, the interest payments you receive are usually tax-free. Interest earned on bonds issued outside of your home state, on the other hand, is usually liable to state income tax. State income taxes may apply to interest payments on some in-state munis. Which bonds are tax-free in […]

Premium Bonds have no danger to your capital, thus the money you put in is completely safe; the only risk is the ‘interest’. And because Premium Bonds are managed by NS&I, which is backed by the Treasury rather than a bank, this capital is as safe as it gets. Premium Bonds allow you to lose […]

Although the current 2.2 percent interest rate on Series I savings bonds is appealing, purchasing the bonds has grown more difficult. Paper Series I and EE savings bonds—those handy envelope stuffer gifts—can no longer be purchased in banks or credit unions; instead, you must purchase electronic bonds through TreasuryDirect, the Treasury Department’s Web-based system. Our […]