Why Premium Bonds?
Premium Bonds make a great gift for any occasion, and can also help kick start a healthy savings habit. Buy from just £25.
With the chance to win cash prizes ranging from £25 to £1 million every month, a boost to their savings is a gift they can enjoy again and again.
How does it work?
Anyone can buy Premium Bonds for a child under 16. The child might already have some Premium Bonds, and that’s fine, they can hold up to £50,000 worth.
If you’re not the parent/guardian of the child, you’ll need to let them know before buying Premium Bonds as we’ll contact them directly for things like providing evidence of identity and address.
Before you apply for someone else’s child:
- please make sure the parent/guardian is happy to look after the investment for the child, and agrees to you giving us their details
- we will check the identity and address of everyone named on your application, and we may need to ask for documents to prove this
- please let the parent/guardian know that we might be in touch to ask for evidence of identity documents
Whether you’re a parent, grandparent or family friend, we’ve put together a handy guide on how to top up a child’s savings:
Ready to discover the power of Premium Bonds?
We’ll show you some important info first, then you can get started.