WebWe’re the only provider that secures 100% of your savings, however much you invest. Trusted by 25 million people We're backed by HM Treasury and we've been helping people save for over 160 years. Today, over a third of UK savers trust us with their money. The home of Premium Bonds We created Premium Bonds and you can only get them from … WebDec 30, 2012 · Premium bonds and savings for children over 16. We recently sold our house and are not in a position to purchase again just yet. There is equity from the house …

Can you buy Premium Bonds for someone else?

WebYou can also buy premium bonds as a gift for children under 16. Technically, you can buy premium bonds as a gift for any young person under 16, regardless of whether they are family or not. WebApr 12, 2024 · Buying savings bonds for kids allows them to earn compound interest when they’re young, which can help them create a financial foundation long before … healthiest junk food

Buying Premium Bonds for a 16 year old - MoneySavingExpert …

WebOct 23, 2024 · In fact, nearly 4% of all Premium Bonds (over 21 million people have them) are held by children under 16. The average amount held on behalf of a child is £1,400 … WebPreviously only parents and grandparents could buy Premium Bonds for under-16s. But from today, anyone aged over 16 can gift Premium Bonds to kids, meaning aunts, … WebBuying premium bonds for children If you're a parent, legal guardian, grandparent or great-grandparent you can buy bonds on behalf of children aged under 16 either online or by phone. The parent or guardian who's been nominated on the application will have to look after the bond until the child turns 16. healthiest kefir brand