180,000 Premium Bond wins ‘misplaced within the submit’- do you may have a secret windfall?

THOUSANDS of individuals may very well be lacking out on Premium Bond prizes value a mixed £8.2million.

That’s as a result of greater than 180,000 Premium Bond prize cheques – often known as “warrants” – despatched within the submit have by no means been delivered.

Premium Bond letters
Greater than 180,000 Premium Bond prizes have been misplaced within the submit

Prior to now yr alone, 2,431 prizes value a mixed £66,900 went undelivered, in accordance with a Freedom of Info (FOI) request by

The patron group says the problem is that some folks have moved residence and never up to date their tackle.

In different circumstances, there’s an issue with the submit itself, which implies letters are despatched again to NS&I, which administers Premium Bonds.

NS&I says if submit continues to be returned for a yr it’s going to block future cheques from being despatched till an up to date tackle is offered. It says declare types can be despatched within the meantime as an alternative.

And these figures are solely about misplaced cheques. In whole, there are 1,579,333 unclaimed Premium Bond prizes as of March 2019, value greater than £61.3million.

Are you a Premium Bond winner?

NS&I says that there are over 1.5million Premium Bond prizes but to be claimed by their rightful homeowners.

This quantities to over £61million ready to be paid out to the rightful winners.

In case you are registered with NS&I on-line then it’s going to inform you by way of e mail as as to if you may have been profitable.

Alternatively, in case you are not registered on-line, a letter can be despatched to your own home tackle.

However you probably have moved home, or modified e mail tackle you may nicely have an unclaimed prize prepared for assortment.

To examine if you happen to’ve gained, all you must do is enter your holder’s quantity on the NS&I web site here.

Megan French, shopper professional at, mentioned: “An astounding £8million of Premium Bond prizes have been returned to NS&I, which means bona fide winners are lacking out on the money they’re owed.

“The prizes are paid by cheque as default, so if you happen to’ve beforehand gained however not requested to your money to enter your checking account or be reinvested, it’s value checking if you happen to truly obtained and cashed your winnings.

“Plus, as a whopper £61million of Premium Bond prizes are presently sitting unclaimed, it’s additionally value checking if you happen to’ve gained.”

How one can examine if you happen to’ve acquired an unclaimed Premium Bond prize

If you realize your Premium Bond holder’s quantity you possibly can examine for unclaimed prizes utilizing NS&I’s Premium Bond prize checker tool.

You may also examine utilizing the software within the Premium Bonds iOS and Android apps.

In the event you don’t know your Premium Bond holder’s quantity yow will discover it by logging into your on-line account service.

Your holder’s quantity has both ten or 9 digits or eight digits adopted by a letter.

In the event you nonetheless can’t discover your Premium Bond quantity you possibly can write to NS&I and ask for it.

How one can reclaim misplaced prizes

As soon as you realize if you happen to’ve gained a prize however not obtained it, you’ll want to write down to NS&I to reclaim the money.

You may swap your prizes to be paid immediately into your checking account moderately than getting cheques within the submit

In case your particulars have modified because you gained the prize, you additionally want to inform NS&I your outdated tackle and present particulars and signal your letter.

NS&I’s postal tackle is as follows: NS&I, Glasgow, G58 1SB.

How one can stop Premium Bond wins from going lacking

It’s best to ensure that your postal tackle is up to date with NS&I you probably have moved since shopping for your Premium Bonds.

Which means that in case you are despatched prize cheques within the submit they need to go to the proper tackle.

You could possibly additionally swap any prize win payouts in order that they’re paid immediately into your checking account moderately than being issued to you within the submit.

To do that you must register online for NS&I’s online and phone service.

As soon as executed, log in to ‘Your profile’ within the prime menu and click on ‘Paperless choices’. Click on ‘Change’ to your Premium Bonds then choose ‘Paperless’.

Keep in mind to click on ‘Save’ if you’ve completed. Or you possibly can ask NS&I to set this up for you over the cellphone on 08085 007 007.

As of February, now you can purchase Premium Bonds with much less as NS&I slashes the minimal financial savings restrict from £100 to £25.

Within the Price range 2018, paperwork reveal {that a} new Premium Bonds app and prize-based financial savings account for credit score unions is to launch.

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