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Media centre /
Press releaseNEW LOOK PREMIUM BOND CERTIFICATE 14 October 2004National Savings and Investments (NS&I) is introducing a new look Premium Bond certificate from today. The result of customer feedback, the new look Bond combines the investment confirmation letter and certificate, meaning customers only need to retain one document. The introduction of the new certificate does not affect existing Bonds, which are still valid and will continue to be included in each monthly prize draw. In another move to respond to customer need, NS&I is also introducing a top up system for Premium Bonds. Currently, some customers hold irregular amounts of Bonds, a legacy of the times when Premium Bonds could be purchased in denominations of £1, £2 and £5. Under the current terms and conditions customers with ‘irregular’ holdings can not increase to the maximum investment without cashing some Bonds and re-investing. The new system will allow customers to top up to the maximum holding of £30,000 more conveniently, by simply obtaining the required number of Bonds through auto prize re-investments. Once a customer has completed an auto reinvest mandate, any further prizes they win will top them up to the maximum holding. If there is any money left over from the prize this will be sent to the customer as a warrant. For further information on either the new look Premium Bond certificate or the top up scheme customers can call National Savings and Investments on 0845 964 5000. How to buy Premium Bonds
Ends
Notes to Editors A full history of Premium Bonds and a wide selection of photography is available from NS&I. Contact the media team for more information. NS&I is the exclusive sponsor of IX Investor 04, a one-day exhibition at London Olympia, designed to help private investors get the best return on their investments. Investor 04 is on Saturday 23 October 2004. More information is available at www.ix-expo.com. National Savings and Investments media team
Media team The numbers below are for media use only. Customers wishing to contact NS&I can find details here.
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