Close Your web browser is out of date. Updating your browser will improve how you can view and use this website. Find out how to do this

Menu

A winning gift

Premium Bonds could be the perfect present for your child or grandchild.

You’ll be investing in their future with 100% safe HM Treasury-backed savings, and they’ll have the opportunity every month to win cash prizes. They could even win the £1 million top prize!


Find out more and apply

Before you apply for your child or grandchild aged under 16

Please read the brochure, which includes the customer agreement (terms and conditions) last updated on 1 February 2019.

Find out more information

Premium Bonds

Buy for your child or grandchild

A present they won’t forget

University? First home? Following their passion? Whatever your child or grandchild eventually uses their Premium Bonds for, having some savings is always a smart idea and it’s a gift they’re sure to appreciate.

Children watching a magic show

How Premium Bonds work

Every £1 Premium Bond has a separate and equal chance of winning, and we pay out millions of prizes every month to lucky Bond holders whose numbers are generated completely at random by ERNIE. All prizes are tax-free and range from £25 to £1 million.

Find out more about ERNIE

Ernie in action

In time for their special day

You can buy Premium Bonds with just £25. If you’re buying for a special event, make sure your child or grandchild receives their Bonds in time by applying at least four weeks ahead.

We will check the identity and address of everyone named on your application, and we may need to ask for documents to prove this. If you’re buying Bonds for your grandchild, please let the parent know that we might be in touch with them to do this.

Before you apply for your child or grandchild aged under 16

Please read the brochure, which includes the customer agreement (terms and conditions) last updated on 1 February 2019.

Find out more information

Premium Bonds

Buy for your child or grandchild