Selling premium bonds

Salty22 · 23 May 2017 at 11:35

Found some premium bonds my grandfather got me when i was a baby, there's £80 worth so wanted to sell them but they're in my birth name from before my mum remarried and i deed polled my name to my step dads name.
Also i don't have my NS&I account anymore which i closed around 2013 after using all the savings in it.
Is it gonna be an absolute nightmare to get the £80 from the bonds so shall i just throw them back in a drawer?

scrivz69 · 23 May 2017 at 11:39

Get them checked mate, you might have won.

Salty22 · 23 May 2017 at 12:13

Have done mate, nothing

Glanza · 23 May 2017 at 12:15

May aswell get some use out of them, you'd be better off getting in touch with NS&I https://www.nsandi.com/contact-us-email

Rannoch · 23 May 2017 at 12:16

Keep em.

Pipe & Slippers · 23 May 2017 at 12:19

I have some premium bonds already but found £18 worth from when I was a kid. I just contacted them via email with pdfs of all the relevant documents and they added them to my account. You could just buy £10 worth online and then get the £80 added to the account, and then close it. Nothing's easy in this life!

Vonhelmet · 23 May 2017 at 12:44

Vargas said:
Keep em.

Why? They're a silly investment.

Rannoch · 23 May 2017 at 13:26

If he's going to invest the £80 then yes, but he may win a prize. My parents are always getting £25 cheques through the door.

Vonhelmet · 23 May 2017 at 13:33

Vargas said:
If he's going to invest the £80 then yes, but he may win a prize. My parents are always getting £25 cheques through the door.

How ever much they may or may not win it's almost certainly less than they would "win" in interest in any halfway sensible savings account.

Salty22 · 23 May 2017 at 13:49

Oh the only savings account the £80 is going into is the "new graphics card" one

Rannoch · 23 May 2017 at 14:12

A savings account doesn't let you have a chance of winning large prizes.

konicky · 23 May 2017 at 14:28

Vonhelmet said:
How ever much they may or may not win it's almost certainly less than they would "win" in interest in any halfway sensible savings account.

Interest rates are so low at the moment that you might as well have some money in premium bonds just for the flicker of excitement when the prizes are given out every month!

Glanza · 23 May 2017 at 14:34

konicky said:
Interest rates are so low at the moment that you might as well have some money in premium bonds just for the flicker of excitement when the prizes are given out every month!

This, I've gone this way as anything that I may win will possibly be more than interest I'd earn from the bank.

Beasty · 23 May 2017 at 15:04

My girlfriend had about 10k in premium bonds, they were better invested in our house deposit