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How can we help?

We’re happy to answer any questions you may have.

Can my prizes be paid straight into my bank account?

From December 2020, we’re stopping prize payments by warrant (like a cheque). We’ll be doing this in phases, so by March 2021 we’ll no longer send any prizes through the post. This means you’ll need to let us know your bank details to carry on receiving any prizes you win.

Having your prizes paid straight into your bank account is quick, easy and safe. If you win, we’ll let you know the good news by email or text message. You’ll then normally receive your prize money in your bank account by the 7th working day of the month.

To set this up:

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.

If you win, we’ll let you know the good news by email or text message. You’ll then normally receive your prize money in your bank account by the 7th working day of the month.

Log in / register

Looking for other options?

You can also choose to get your prizes reinvested into more Bonds. If you win, your new Bonds will go straight into the next prize draw. This means 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.

Get your prizes reinvested