Can I withdraw NS&I Premium Bonds?
You can cash in all or part of your Bonds at any time. If you’re registered to manage your savings online or by phone, simply log in or call us. You can easily withdraw money from yours or your child’s Premium Bonds without needing to create an online profile. All you need to do is fill out a quick online form.
How quickly can you withdraw premium bonds?
How long does it take to cash in Premium Bonds? According to NS&I, it takes up to three banking days for the money to reach your account, unless you have elected to cash in after the next draw.
Is there a form to cash in premium bonds?
Premium Bonds cash in form You can also cash in Premium Bonds online without having to create an account. Perfect if you want to cash in specific Bonds or you’re not registered. You’ll need your holder’s number and bank account details to hand.
How do I cash in my premium bonds online?
On your account dashboard, go to the account you want to close and choose ‘Cash in’ or ‘Take money out’. If you have more than one account of the same type, select the one you want to close. Enter the full balance in the amount box and then choose ‘Cash in’ or ‘Take money out’.
How do I get my premium bond winnings paid into my bank account?
Changing how you get your prizes You can choose to have your prizes paid directly to your bank account (or NS&I Direct Saver) or reinvested into more Bonds. We’ll let you know by text or email if you win. Log in to your online account and you’ll be prompted to change your prize options.
How do I transfer money from NS&I to bank?
Simply give the details to your bank, tell them how much to transfer and when. You’ll normally be able to do this online, by phone or in a branch. There’s no need to enter your card details and we’ll update your account when we’ve received the money.
Can I transfer Premium Bonds to a family member?
Premium Bonds are not an asset that can be passed on to a beneficiary in the same way that funds from bank accounts and savings accounts can; they cannot simply be inherited or transferred to someone else’s name.
How long does it take to transfer money from NS&I to bank account?
2 to 3 banking days
When you make a bank transfer, the money takes 2 to 3 banking days to reach your account.
Can I transfer premium bonds to a family member?
Can I transfer Premium Bonds?
Yes. If you switch the money before the investment’s maturity date, a penalty may apply. See the customer agreement (terms and conditions) for your fixed term investment.
How do I access my NS&I account?
To log in: If you have an NS&I account in your own name, log in using your details. If you don’t have an NS&I account, simply enter details of one held by the donor (their holder’s/account number), along with your own name and address. We’ll then add the donor’s accounts and investments to your online dashboard.
Can I transfer my Premium Bonds to my grandchildren?
Premium Bonds Parents, legal guardians and (great) grandparents can invest on behalf of their child or grandchild aged under 16.