Each investment must be at least £25 and in whole pounds.

Online

You can buy Premium Bonds online using our secure online system. Please have your debit card details ready.

By phone

Our opening hours have been reduced and are currently 7am-10pm, every day. Please have your debit card details ready.

(If you’re buying Bonds for someone else’s child, you cannot buy by phone.)

By post

To buy Premium Bonds by post, complete an application form and send it to us with a cheque payable to NS&I.

Print and complete an application form:

Buying for yourself or your child under 16

Buying as a gift for someone else’s child under 16

Bank transfer or standing order

If you (or a child you’re buying for) already have some Premium Bonds, you can also buy by bank transfer (including standing order).

Find out more

Premium Bonds can make a special gift for a child under 16.

Until the child’s [node:field_variable_4]th birthday the parent or guardian nominated on the application looks after the Bonds, regardless of who buys them.

We’ll send confirmation of any transactions made, prizes won and payment for cashed in Bonds to the nominated parent or guardian until the child is [node:field_variable_4].

Buying for your own child

Parents or legal guardians can apply online, by phone or by post. If your child already has some Premium Bonds and you want to buy some more online or by phone, you’ll need to be registered first. This could take a few days while we set up your registration.

Buying for someone else’s child

You can apply online or by post. You can ask us to send you an electronic or paper gift card for you to pass on to the child. We’ll also send you an acknowledgement of your investment. But only the nominated parent or guardian will be able to manage and cash in the Bonds.

Want to apply on behalf of someone else under a Power of Attorney or Court of Protection Order?

If you have already registered your authority with us and have registered for our online service, you can apply for an account online. Just click the ‘Apply now’ button at the bottom of the screen to get started.

If you haven’t, you'll need to:

1. register your authority with us first (see our guide below to find out how)
2. register for the online service
3. then you can log in and apply for an account online

Or you can apply by post using the application form below and register your authority at the same time by enclosing the original Power of Attorney or confirmation of your appointment as a Deputy, or a certified copy (see our guide below).

Our guide to acting on behalf of someone else

Premium Bonds application form

Please note that if you have restricted authority, or must act jointly with another appointed individual, you can only apply for the account by post.

Premium Bonds don’t pay any interest. Instead your Bonds enter a monthly prize draw for a chance to win [node:field_variable_3] prizes. Remember that inflation can reduce the true value of your money over time.

Find out more about the draw.

Any prizes you win are completely free of UK Income Tax and Capital Gains Tax.

Find out more about tax and savings

Find out what you need to do differently

For most prizes, we’ll send them automatically through your chosen payment method. For a prize of £5,000 or more, we may need to check with you first before paying it. If so, we’ll send you a claim form to complete and return.

You can choose to either:

Have your prizes paid directly to your bank account

You’ll need to make sure you’re registered to manage your savings online first. Then simply log in, go to 'Your profile' in the top menu and click 'Your prize options'. Click 'Change', follow the instructions and remember to click 'Save' when you've finished.

Log in / register

Automatically reinvest your prizes into more Bonds

You can also choose to get your prizes reinvested, meaning your Bonds will go straight into the next prize draw. Your chances of winning will increase each time you win a prize! You can do this if you have less than £50,000 invested in Premium Bonds.

To set this up:

Simply log in, go to Your profile in the top menu and click Your prize options. Click Change, follow the instructions and remember to click Save when you've finished .

Log in / register

Before you set up an automatic reinvestment:

• Only future prizes will be eligible for automatic prize reinvestment. We’ll need a few days to set up this service for you, so don’t leave it too late in the month.
• After we’ve set up your automatic reinvestment, we will issue new Bonds for you whenever you win a prize, and tell you which of your numbers won.

Each investment must be at least £25 and in whole pounds.

If you (or a child you’re buying for) already have some Premium Bonds, you can buy more by bank transfer (including standing order).

You can also buy online, by phone or by post. (If you’re buying Bonds for someone else’s child, you cannot buy by phone.)

By bank transfer and standing order

• You must be aged 16 or over and buying Bonds for yourself or for a child under 16.
• You or the child must already have some Premium Bonds, and you must know your (or the child’s) holder’s number.
• Each investment must be at least £25 and in whole pounds.
• The bank account must be a UK account in your name.
• When buying by bank transfer, you are confirming that you have read and accepted the current customer agreement.
• Any transfers that would take you over the £50,000 limit will be automatically refunded in full to your bank account, so you may want to check your Premium Bonds balance before investing.
• Please note that we do not accept payment via Clearing House Automated Payment System (CHAPS).

Give the following details to your bank and tell them how much to transfer and how often. You’ll normally be able to do this online, by phone or in a branch, depending on your bank.

When you set up your payment, you may receive a message saying 'This account can't be checked' or something similar. This doesn't mean the details you are using are wrong but please check them carefully.

Reference:	You must enter your (or the child’s) Premium Bonds holder’s number (not your NS&I number) as the reference. You can find your holder’s number on your Bond record or by logging into our online service.   Make sure you enter the holder's number correctly without any hyphens, spaces or full stops. Don't add any other information in the reference field apart from the holder's number.
Payee name:	NS&I
Account number:	11994808
Sort code:	08 31 15

Or download and print a standing order form then complete it and give it to your bank.

• Print and complete a standing order form

Online or by phone

Log in or call us at any time with your debit card details.

Log in

By post

Complete an application form and send it to us with a cheque payable to NS&I.

Buying for yourself or your child under 16

Buying as a gift for someone else's child under 16

Want to manage an account on behalf of someone else under a Power of Attorney or Court of Protection Order?

You’ll need to register your authority with us first. Our guide below explains how to do this:

Our guide to acting on behalf of someone else

If you want to manage the account online or by phone, you’ll also need to register for our online and phone service:

Register for our online and phone service

Please note that if you have restricted authority, or must act jointly with another appointed individual, you can only manage the account by post.

You can cash in all or part of your Bonds at any time. Registered for our online and phone service? Simply log in or call us.

Log in

Call us

Or download, print and complete a cashing in form. Then post your completed form to us together with the Bond certificates to be cashed in (if you have them).

Premium Bonds cash in form

Don’t have access to a printer? Call us and we’ll send you a copy of the form.

Find out how long it takes to receive your payment

It’s important to keep us up to date with any changes so we can make sure you receive any prizes you win.

Log in or call us if you’ve registered to use our online and phone service.

If not, use the forms below.

Premium Bonds change of details form

Don’t have access to a printer? Call us and we’ll send you a form

Your Bonds become eligible for the draw one full calendar month after you buy them. So when you buy Bonds in November, they’ll be in every draw from January.

We’ll give you a unique Bond number for every £1 you invest. Every number has a separate and equal chance each month of winning a prize. So the more Bonds you buy, the better your chances of winning!

ERNIE (our Electronic Random Number Indicator Equipment) generates numbers completely at random. We match those numbers against eligible Bond numbers to determine the lucky winners. Every £1 Bond number has exactly the same chance of winning.

Each month, the Government Actuary’s Department (GAD) does an independent check to ensure ERNIE’s output is random. GAD then issues a certificate to confirm it has no reason to believe the draw isn’t random. We can only publish winning numbers and pay out prizes when that certificate has been issued.