Check to see if you are one of them
Martin Lewis' team of financial gurus at Money Saving Expert has revealed millions of pounds worth of Premium Bond prizes have been left unclaimed. According to the latest figures from National Savings and Investments , more than two million prizes worth a combined £79.4 million are still up for grabs.
The National Savings and Investments - a state-owned savings bank in the UK, which offers Premium Bonds and a range of other savings and investments - says it contacts every winner. Depending on the option they’ve selected, this could be by either text message, email or a letter in the post.But the NS&I says that sometimes prizes go unclaimed for a variety of reasons, such as the letter getting lost in the post or contact details not being updated.
Chris Newlands, news and investigations editor at Money Saving Expert, said: “For those who suspect they might have let their Premium Bonds fall by the wayside, seeing these figures should be a wake-up call. Some of the eye-popping pots available could be potentially life-changing for people – especially right now.
According to the NS&I, you can cash in all or part of your bonds at any time. If you're registered to manage your savings online or by phone, simply log in or contact the firm. If you are not registered, you can easily withdraw money from yours or your child's Premium Bonds without needing to create an online profile.
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