Premium Bond withdrawal & reinvestment

[planteria]

are you on it Sarah?

[Sarah]

That would be nice; sadly I don't think so!

[AAAlphaThunder]

can someone withdraw money on 1st, on the basis that they have held the PBs for the whole of the previous month, so will be included in the draw for that month?

Best option is to contact NS&I direct and ask. That way you know the rules and if what you are thinking to do will workout the way you plan it to workout.

[planteria]

That would be nice; sadly I don't think so!

good luck next month then.. this year i've had 2 £25s in Jan and Feb, and 1 £25 in Mar-Apr-May.

[parchedpeas]

can someone withdraw money on 1st, on the basis that they have held the PBs for the whole of the previous month, so will be included in the draw for that month?

I'm guessing here.

Halifax account work-around.

(I registered too!)

[planteria]

i like the thinking pp.. but no, i have been holding PBs but have cashed most of them in.
i'm thinking not to bother with jumping through Halifax hoops. my 9 account round robin, which i'm doing right now as it happens, is enough.

[kevinchess1]

Amongst me winning checks this month was a note to say that, from January, they won't be posting out winning, they will pay them into your nominated account
Shame, quite enjoyed getting a check in the post

[Sarah]

They also stopped paper statements awhile back; just receive a short note with changes now although it's still sent by post.

I use the reinvestment option. Any additional bonds issued as winnings go straight into the next draw without a month wait.

[planteria]

I use the reinvestment option. Any additional bonds issued as winnings go straight into the next draw without a month wait.

i like that idea. i've only got £100 in nowadays though, so chances of a £25 are slim.