Archive Website of the UK government

Overview

Premium Bonds offer a way of investing anything from £100 to £30,000. Each month a draw is made with a top prize of £1m.

Any prize you receive is free of UK Income Tax and Capital Gains Tax and you do not need to declare it on your tax return. Anybody over the age of 16 can buy Premium Bonds, and you can also buy them on behalf of your child or grandchild.

How to use this service

You can apply online or download a Premium Bonds application form using the links below.

• Apply for Premium Bonds Opens new window

• Download a Premium Bonds application form Opens new window