Technology and IT expert Jill Lucas has been appointed as a Non-Executive Director to the Board of NS&I, the Economic Secretary to the Treasury announced today.
NS&I have today (1 February 2019) reduced the minimum initial investment for Premium Bonds from £100 to £25. This is the first time in the 63 years since Premium Bonds launched that the minimum investment has been lowered, and it is the lowest minimum purchase since 1993. The change will allow adults over the age of 16 to purchase or set up a standing order for a minimum of £25, or gift at least £25 to their children or grandchildren.
Premium Bonds continue to be a popular present for children at Christmas, especially from parents and grandparents who want to inspire the young people in their lives to enjoy the winning experiences they’ve had from ERNIE over the past 61 years.
It’s been another bumper year in Premium Bonds, with 24 more millionaires crowned during 2018. Here’s a round-up of some of the big moments, many of which were thanks to input from our customers.