NS&I delays scrapping of Premium Bond paper prize cheques

I at present get paper prizes – what do I have to do?

NS&I says nearly three quarters of prizes paid out in September 2020 had been paid instantly into financial institution accounts or reinvested into Premium Bonds.

If you happen to nonetheless obtain paper warrants, you have now bought longer to maneuver issues over, but it surely’s nonetheless value doing it sooner slightly than later in case you can.

  • Be sure you’re registered for NS&I’s on-line and telephone companies. You are able to do this on-line, or these with out web entry may telephone 08085 007 007 to register or present NS&I with their financial institution particulars.

    Alternatively, clients who don’t need to register for NS&I’s on-line and phone companies and may present their financial institution particulars to NS&I both on-line or telephone, calling NS&I on 08085 007 007.

  • Select the way you need your prizes to be paid. You can log in to your account and select to have your prizes paid on to your checking account or reinvested (as much as the utmost of £50,000) going to ‘Your profile’ and choosing ‘Your prize choices’. You will have to enter your up-to-date UK financial institution particulars, in addition to an e mail tackle or UK cellular quantity so that you may be notified about any prizes.

If you happen to do not present NS&I along with your particulars and later win a Premium Bond prize, as a substitute of a prize warrant you will be despatched a letter with particulars about how you can organize the cost of your prize.

Keep in mind, NS&I’ll NEVER telephone you and ask on your financial institution particulars, so if this occurs to you it might be a rip-off.

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