NS&I warns Premium Bonds customers over specific 'date' in calendar

Premium Bonds holders and customers have been handed a stark warning from National Savings and Investments over a specific date. NS&I, which is backed by the Treasury, has reached out to Premium Bonds holders via its Help Twitter/X account.

A holder wroted: "What happens to Premium Bonds one year after the holder's death if probate hasn't been obtained? We have informed you of the death and the bonds are currently still gaining prizes but frozen. The holding is above the £5,000 figure."

NS&I replied: "When a Premium Bonds holder dies, they are only eligible to earn prizes on the account up to a year after the date of death." They added: "After this point, if the Grant of Probate has not yet been obtained, we will still hold the funds but no more prizes can be won on the holding."

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The customersaid: "It still infuriates me, the Premium Bond prize checker app only displays last six draws. Surely it's possible to show the last 12 months on the app, as a minimum." An NS&I spokesperson explained: "Our prize checker is set up so that the last six months can be viewed.

"If you would like to view your prize history for the last 18 months, this can be viewed by logging into your online account here. We appreciate your comments and have passed this on as feedback for you."

When you log into your NS&I account online, the financial provider, which is backed by the Treasury, will use two-factor authentication (2FA) to ensure it’s you. 2FA works by adding another second step to the login process, other than just having a password.

This extra layer of security keeps your account even safer from fraud. But, for 2FA to work, it's important that the phone number you have registered with NS&I is up to date.