Have you won in the May Premium Bonds draw?
The two winners take home a £1m prize each. The first number drawn was 436VB112388 and belongs to a male in Surrey. He holds more than £43,500 in Premium Bonds, and purchased the winning bond in February this year. He is the 26th jackpot winner from Surrey.
The second big win was for the owner of bond 340LX170519, a man from Wiltshire. He holds around £34,000 in bonds and purchased his winning bond in September 2018. He is the ninth jackpot winner from Wiltshire.
The way that Premium Bonds prizes are paid is changing at the moment, with National Savings & Investments (NS&I) phasing out the use of Premium Bonds prize cheques.
Premium Bonds customers can instead arrange to have any prizes they win paid directly into their bank account or automatically reinvested into more Premium Bonds up to the maximum limit of £50,000.
Bondholders can provide their bank details in several ways ‒ those already registered for NS&I’s online and phone services can input their bank account details by logging into their account on NS&I’s website, for example.
Meanwhile those who are not registered can use NS&I’s new prize options service. Customers can visit www.nsandi.com/prize-options to input their bank account details and should have their Premium Bonds holder’s number to hand, which they can find on their bond record.
Bondholders should enter their UK bank account details and can choose to have prizes paid directly into their bank account or reinvested into more Premium Bonds (up to the maximum £50,000).
If you opt to use this service, you’ll need to supply either an email address or a mobile number so that NS&I can notify you of any prize wins.
You can check to see if you’ve won anything this month on the nsandi.com prize checker, prize checker app, or via an Alexa-enabled device from 5 April 2021. You will need your Premium Bonds holder’s number to use the website and your NS&I number or holder’s number to check via the app.
In the May 2021 prize draw, a total of 3,123,205 prizes worth £89,792,075 will be paid out. There were 107,750,479,204 bond numbers eligible for the draw.
Premium Bonds are already the most common savings account in the UK, but recent months have seen savers plough more cash into the bonds. However the reduction in the number of prizes on offer has led to a host of rival prize-based savings schemes being launched.