Two lucky winners will be celebrating throughout the lockdown after raising £ 1 million each by winning the March Premium Bond jackpots – but they are far from the only ones to win big prizes
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Two people got £ 1 million richer in the middle of England’s third national lockdown after winning this month’s Premium Bonds jackpot
The second million pound prize in September went to a woman from Kent Her winning bond (307PX582004) was bought in July 2017 – she is the twenty-second person from Kent to hit the jackpot
Customers can check whether they have won on the nsandicom price checker, price checker app or via the Alexa-enabled device from the 2nd March 2021
Customers will need their Premium Bond number to use the website and their NS&I number or owner number to verify through the app
NS&I will change from spring 2021 – as the use of Premium Bonds price checks will be phased out
Instead, Premium Bonds customers can arrange for prizes won to be paid directly into their bank account or automatically up to a maximum of 50000 GBP to be reinvested in further Premium Bonds
The redemption of warrants will not begin until spring 2021, so customers do not have to take any action now and can do so at a later date
NS&I will announce a new date from which the warrants will expire in due course
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Customers can check to see if they have won on the nsandi com Prize Checker and Prize Checker App starting Tuesday, Jan. March 2021, you can also ask Alexa
Those who have chosen to pay prizes to their bank account or have their prizes reinvested will be notified by email or SMS whether they have won and can check the online prize checker at nsandicom or the NS&I price checking app to see the value of your price
National Savings and Investments, which operates Premium Bonds, announced that there are now more than £ 64 million worth of prizes not being claimed by Premium Bonds waiting for people to bank
You can find out if any of your Premium Bonds is a winner by downloading the Price Checker app from the App Store or Google Play, or by visiting the Price Checker at nsandicom
At the moment, the probability that a bond will win every month is 24500 to 1, and the vast majority of the prizes are for £ 25 that works out as a 14% prize fund rate
Customers can choose whether their prices should be paid directly into their bank account or automatically reinvested in a new Premium Bonds account if their total holdings are below the maximum amount of 50000 GBP is
A premium bond may appeal to those who like the excitement of waiting to find out if they have won However, if you are saving slowly and steadily, there are more reliable ways to make your money grow
Here’s our guide to growing your cash by finding better savings rates, whether it’s through a traditional ISA or through peer-to-peer lending
We also have tips on how to find the best cash ISA and three ways to get better savings rates
If you don’t mind a game of chance but want a little more control, you might find an ISA reward for stocks – learn more here
March
World News – GB – the big winners of the premium bond issue in March – including two new millionaires
Source: https://www.mirror.co.uk/money/marchs-big-premium-bond-winners-23583901