Premium bonds when is the draw

Premium Bonds are savings accounts which have been popular with many Britons across the country since their initial launch in the s. Through this savings account, bond holders are able to withdraw and deposit money whenever they want, however interest is determined by a monthly prize draw. Before purchasing any bonds, savers must be aware that their holdings will only become eligible for the prize lottery after a full month has passed from the initial purchase.

If your details have been out of date for some time, it's also worth finding out if you have any unclaimed prizes with your name on them. Do you want to comment on this article?

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