Post Office - Premium Bonds by Credit Card - HotUKDeals
We use cookie files to improve site functionality and personalisation. By continuing to use HUKD, you accept our cookie and privacy policy.
Get the HUKD app free at Google Play

Search Error

An error occurred when searching, please try again!

Login / Sign UpSubmit

Post Office - Premium Bonds by Credit Card

£0.00 @ Post Office
I work in a Post Office and the other day I had a customer purchase some NS&I Premium Bonds and wanted to pay for it via his Credit Card. Now at the time I was certain the system wouldn't let you pay …
N-I-C-K Avatar
8y, 2m agoPosted 8 years, 2 months ago
I work in a Post Office and the other day I had a customer purchase some NS&I Premium Bonds and wanted to pay for it via his Credit Card. Now at the time I was certain the system wouldn't let you pay for anything like that by credit card - only cash, cheque or debit card. But he told me he used his credit card in the past. So we tried and it went through fine.

Now I'm 99.9% certain that that transaction will show up on your credit card statement as a PURCHASE (Post Office Limited). So I bet your wondering where I'm going with this don't you, well....

Buy £500 of premium bonds on your credit card, take advantage of interest free periods. Cash in your premium bonds as soon as you get them and you've got a cash advance without paying the fees or the interest.

A Lot of credit cards offer vouchers, points, air miles for example. Buy Premium Bonds, pay your credit card bill off in full, so no interest and cash in your bonds.... Great way to collect your awards from your CC company if you've cash flow can let you.
Other Links From Post Office:
N-I-C-K Avatar
8y, 2m agoPosted 8 years, 2 months ago
Options

All Comments

(3) Jump to unreadPost a comment
Comments/page:
#1
strange - I was sure you couldn't do it by credit card either?

my credit card does 1% cashback and others do 3% for the 1st few months so you could buy £3000 worth of bonds, pay it off and take the cashback?

odd,
worto.
#2
worto03
strange - I was sure you couldn't do it by credit card either?

my credit card does 1% cashback and others do 3% for the 1st few months so you could buy £3000 worth of bonds, pay it off and take the cashback?

odd,
worto.


I had to say at the time I was pretty sure you couldn't settle up with a credit card because apart from stamps everything is cash, cheque or debit card.

Learn something new everyday.
#3
How bizarre, on the NS&I website it says no credit cards!

http://www.nsandi.com/products/pb/applynow.jsp
Premium Bonds - Invest now

You can apply online — it’s easy and secure, and will only take a few minutes to complete.

Before you apply
[LIST]
[*]How to pay: debit card only (Maestro, Switch, Visa Debit or MasterCard Debit) in your own name. No credit cards. Please make sure you have enough money in your account.
[*]Make sure you have a valid email address - we will need this to send you confirmation that we have received your application.
[*]Online, you can only buy for yourself. Buying for a child? See other ways to apply.
[*]Ever had Premium Bonds before? You'll need to give us your holder's number. We'll send your Bonds to the address we have on record. If you have moved, you'll need to tell us by post before you apply.
[*]New to Premium Bonds? We'll send you a form which you'll need to sign and return within 21 days of applying. We may also ask you for proof of identity and address.[/LIST]

Post a Comment

You don't need an account to leave a comment. Just enter your email address. We'll keep it private.

...OR log in with your social account

...OR comment using your social account

Looking for Twitter login?
Thanks for your comment! Keep it up!
We just need to have a quick look and it will be live soon.
The community is happy to hear your opinion! Keep contributing!