Meet the Other Phone. Flexible and made to last.

Meet the Other Phone.
Flexible and made to last.

Buy now

Please or to access all these features

Investments

Discuss investments with other users on our Investment forum. For more advice read our tips for saving for your child's future.

Can I give Premium Bonds to someone over 16?

3 replies

IbizaToTheNorfolkBroads · 12/11/2024 18:50

I have tried googling, but it just talks about children under 16.

My dc are 13 and 16.
In the past, if I've had a bit of money to spare I've bought them Premium Bonds. This has been completely ad hoc.
Now that DS is 16, I no longer have access/control of his account.

Is it possible to gift premium bonds to an adult?

OP posts:
IbizaToTheNorfolkBroads · 12/11/2024 22:03

Anyone?

OP posts:
space99 · 12/11/2024 22:04

No, it’s not possible unfortunately. As soon as my DS turned 16, he was only able to buy PB from his own bank account.

LuckyBluePhoton · 08/07/2025 20:56

Premium Bonds are not like a 16 multi-pack big-bag of Crisps :

You can't swap them with friends or even family ,
go to the NS&I website : AND upon Death of the registered holder ,
there is a Protocol to follow , much like Probate .

You either OWN Premium Bonds or you don't , you can easily cash them
in with the proper NS&I forms and advice :
They may ask for proof of ID and bank details -
NS&I don't like to issue cheques any more

New posts on this thread. Refresh page