National Savings and Investments
 
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Investing by standing order

The easy way to increase your chances of winning

Now there is a new way to build up your investment in Premium Bonds and increase your chances of winning tax-free prizes - by monthly standing order.

Once you’ve made your first purchase of Premium Bonds and we’ve issued you with a holder’s number, you can start investing regularly.

If you already hold Premium Bonds and would like to invest regularly then there are two ways to do this:

  • set up your standing order through your online bank

or
  • print and complete the form below and send or take it to your bank or building society. (Please do not send to NS&I or take to your local Post Office®.)

Before you set up your standing order please read the following important information:

What you need to know before you invest regularly

  • Investors must be 16 or over (Bonds cannot be bought by standing order by or on behalf of a child under 16).
  • The minimum monthly investment by standing order is £50, and larger amounts need to be in multiples of £10 (if we receive a payment that is less than £50 or not a multiple of £10, we will refund it in full to your bank account and write to let you know). Remember the maximum you can hold in Premium Bonds is £30,000.
  • The standing order payments must be from your own bank or building society account.
  • You can cancel your standing order at any time by contacting your bank or building society.
  • The date of purchase of each Bond will be the date we receive your payment – so if you want to buy your Bonds towards the end of each month, make sure you allow enough time for your payment to reach us.
  • You must give your Premium Bond holder’s number on the form. Please enter your number without any hyphens, spaces or full stops.

To set up your standing order online you will need the following account information:

Payee name  National Savings and Investments
Account number  22577157
Sort code  10 20 03
Reference  your Premium Bond holder's number*

* You must give your Premium Bond holder's number for reference. Please enter your number without any hyphens, spaces or full stops.

What happens next

Once your standing order is set up we’ll send your new Bonds to you every month, shortly after we receive each payment. It is important you tell us if you change address so we can make sure your Bonds continue to reach you.

Good luck in the prize draws!


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Benefits

  • Two £1 million jackpots a month
  • Chance to win every month
  • All prizes tax-free

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