Premium Bonds for Children and Grandchildren

Published / Last Updated on 28/02/2018

Are premium bonds good investments for children and grandchildren?  Video explores the benefits and how to apply if you are a parent or grandparent.

Premium Bonds maximum £30,000 per person (and per child)

Odds of winning a prize each month 24,500 to 1

Stated Fund Payout 1.4% pa Tax Free (as at 28/02/18)

Minimum investment £100

Parents - can apply by post or online

Grandparents - apply by post only