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Gift for child - Premium Bonds and Junior ISA's not allowed!

9 replies

ajandjjmum · 09/04/2019 15:32

A close family member - but not a child or grandchild - is shortly to give birth.

I thought we'd get some premium bonds, but apparently we can't. Has anyone come up with any other form of monetary gifting?

Thanks.

OP posts:
sleepismysuperpower1 · 09/04/2019 17:22

we named a star for my godson, from this link company here. it came with a little blue rabbit, and i chose to purchase additionally (at the bottom of the page) an engraved wooden star which had the name of the star on and the date he was born, which is now hung in his bedroom

HeadsDownThumbsUpEveryone · 09/04/2019 17:28

What's wrong with just giving money? If you want to give a monetary gift why does it need to be in the form of premium bonds. I presume they will at some point set up a savings account for their child and then they can put it into the account.

I would just go with cash. If you want to make it more gift like many put it inside a child friendly piggy bank, possibly one which would match the nursery décor e.g. dinosaur, jungle animal, bunny?

Palominoo · 09/04/2019 17:36

Vanguard index fund?

www.vanguardinvestor.co.uk/investing-explained/index-tracker-funds

ajandjjmum · 10/04/2019 10:18

Nothing is wrong with giving money HeadsDown, it's just that I would prefer to give something like premium bonds. If there's nothing available, then I obviously can't - not a problem.

Thank you all for your input.

OP posts:
Se7ven11 · 10/04/2019 10:26

would this work.....

get the form from ns&i and fill it in, including the parents details on the application form. but leave it ubsigned.

then gift the application form and cheque made payable to ns&i to the oarebts fir them to finish the application process?

caughtinanet · 10/04/2019 10:27

Is there a reason you can't give premium bonds?

Waterlemon · 10/04/2019 10:39

Books!

A selection of Classic and modern stories, you could also add some lovely book plates.

Or a friend of mine has always asked for schleich figures. I was a bit Hmm at first, but her children now have an envious collection that will be family heirlooms to pass down to the next generation.

With either option, you will never be short of future gift ideas.

(Im well known for being the book auntie in my family. Even though the eldest children are in their late teens, they still enjoy receiving a book from me (probably the only book they pick up all year) as they’ve got older, I’ve moved away from fiction and bought more books geared to their interests eg make up, photography etc.)

ajandjjmum · 10/04/2019 10:46

Funnily enough Waterlemon, I gave her a selection of my DC's favourite books for the Baby Shower gift! Always a fabulous gift.

You can't give premium bonds caughtinanet, unless you're the parent or grandparent.

But that's good idea Sev7en11 - I might well do that.

Thank you! Flowers

OP posts:
caughtinanet · 10/04/2019 13:13

I didn't know that about the premium bonds, every day's a school day on here Smile

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