If the Executors choose to cash in your premium bonds after you pass away, then they will need to contact NS&I and provide them with the necessary information. This information will include the deceased's name, address, date of birth and National Insurance number. If the premium bonds are cashed in, the proceeds of the premium bonds will be The home of Premium Bonds. We created Premium Bonds and you can only get them from us. Open an account and you could win big in our monthly prize draw. Start small, dream big. We've prepared some ideas for you if you are starting a new savings journey for children. Visit our site for more information. Jul 3, 2023 · As well as the jackpot winners, more bond holders can expect to win a prize as the Premium Bonds prize fund rate was upped to 3.7% this month - the highest in 15 years – meaning more higher Bonds that Pay Regular Interest. A bond is a debt instrument that pays interest at a set rate at regular intervals such as monthly, semi-annually or annually. The stated interest rate, at the time of issue of the bond, is usually close to the current interest rate in the market. The principal amount of the bond, when issued, is known as the Dec 16, 2022 · NS&I says the premium bond prize fund rate is being raised from 2.2% to 3% next month. Photograph: Mark Richardson/Alamy. Meanwhile, there will be 223 £25,000 prizes – up from 71 this month Aug 14, 2023 · Chip is a savings and investment app, which runs its own version of Premium Bonds. It’s a similar gimmick, in that no interest is paid on the money set aside in its Prize Savings Account. Every £10 you save is worth one entry into the monthly draw, with a total of £75,000 given away each month. There’s a top prize of £10,000 which goes .

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