RayC

Hi all

I'm in the process of saving for my wedding next june, i have managed to get a spare £2k which will be needed for deposits etc about march/feb time as this money is sitting in an account is it worth putting it into premium bonds and can i get the original money back easily?

i've done a google search and got flooded with other site so dont know where to look!

Thanks

Ray

sti-04!!

My advise to you is not to get married, take the 2k & some of your mates & head off into the sun for a week

Its well worth it

RayC

the thought has crossed my mind!

D1CCY

Statistically you'll get about 1 or 2 small wins for 2k in a year. Easy enough to get money in or out. You're probably better off with a high interest internet savings account, at least you can guarantee a bit more back and access is easy.

Cheers, Diccy.

RESSE

iTrader: (1)

Ray try these:-

Telephone number 0845 971 5401 (0700hrs - 2400hrs)
Internet www.nsandi.com

Rate 3.25%, tax free prizes, minimum £100/maximum £30,000.

Access - funds normally within 7 days.

Richard

RayC

thanks!

pslewis

£2k is too small an amount for Premium Bonds really.

Thats said, it only take ONE to win £million!

Pete

RoShamBo

iTrader: (1)

My 9 year old daughter has one bond, first month she was entered won £100.
She just won another £100 4 months later......now with that luck I am going to invest a load more in her name !!
At that age £100 is an absolute fortune in their eyes, dont have the heart to tell her that when she is old enough to drive it might cover a gallon of petrol !!

RoShamBo

iTrader: (1)

Actually its just spured me on - just signed up for £10k's worth.
With access back to your money within 7-8 days its rather more "fluid" that I thought......I thought it was 30 days so they must have changed it??

Ro.

Kyl3cook

I'll let you know how good they are soon. I just invested 20k into premium bonds, so I hope to win at least a tenner. I believe they keep them for a month before entering them into the draws...so if you're only investing for a short time, perhaps it's not worth it.

pslewis

2 calender months before being entered

Pete

apples24

iTrader: (1)

i had 20k in bonds and in one year i only won 50 quid lol

SupaMiniCupa

Oh well, here goes nothing. Decided to give them a go for the minimum amount. Fingers crossed for the million on the first attempt!

Chip

1 not 2

Chip

sti-04!!

I have just ordered 50k of them because i am loaded

Kyl3cook

£30k investment limit

Shonen

Liar Liar pants on fire

sti-04!!

I was waiting on one of the many bigheaded sn fraternity coming in with

"oh have you well i have just purchased 100k's worth"

Chip

Just checked mine. Won £200 this month

Chip

SupaMiniCupa

Sounds lazy I know but bear with me - when you 'check' your numbers, do you have to physically check/claim etc?

I'm used to playing Lotto on-line where all I do I pay for my lines, and they will let me know when I've won etc

PS Congrats Chip, beers on you!

Chip

You can check online here:

http://www.nsandi.com/products/pb/haveYouWon.jsp


Chip

Deep Singh

Do you also get any kind of interest paid or is it only draw prizes?

I'm thinking of investing one weeks wages ie £30k(LOL)

Chip

Prizes only. Works out at about 3.25% average prize fund. At least theres a chance of a big win though.

Chip

SlimJ_2005

Wahoo, Just checked ours and won £50!