Reinvest my prizes
You can boost your chances of winning even more by automatically reinvesting any prizes into more Premium Bonds. And with an automatically reinvested prize your Bonds will go into the very next draw, rather than having to wait a full calendar month following the month you bought them.
If you’d like to take advantage of automatic prize reinvestment, just download the mandate form below, complete it and send it to us at:
Premium Bonds
National Savings and Investments
Glasgow
G58 1SB
Please note:
- if you already hold the maximum £30,000 in Premium Bonds, you won’t be able to reinvest any prizes you win
- if you have already received a prize warrant and wish to reinvest it into more Premium Bonds we can only do this if you return it to us with a purchase application form. The minimum purchase is £100 so you may also need to send us a cheque. Your Bonds will be eligible for the draw once they have been held for one calendar month
Please allow up to a month for us to set up your automatic reinvestment mandate. After it has been set up we will send you new Premium Bonds whenever you win a prize, telling you which of your Bond numbers won. If you win a prize of £5,000 or more we’ll contact you before reinvesting it.
In the meantime, you can invest now to increase your chances.
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