Millions Premium bond holder Sitting on cash prizes up to £ 100,000, which they are not yet claiming, the competition of the competition operator has revealed.
There are more than £ 100M awards to be unclaimed, the latest figures of national savings and investment (NS & i), the first time this figure has been implicated at the threshold.
In all regions of the UK, there are 2,598,139 unclaimed prizes, ranging from the lowest amount of £ 25 to 11 of £ 100,000.
Area with The highest number of unclaimed awards South East, with 389,713 £ 14,996,600 values. However, it is London that holds the highest price in the unclaimed awards, with £ 15,338,425 partitions between 386,616 awards.
Premium bond The government is an investment products run by NS & I owned by NS & I. Every month, millions of saves are entered into a draw to win tax-free cash award From £ 25 to £ 1m, with two millionaires in each draw.
Now 24 million people are participating in this scheme, with more than £ 127bn banks. in Saving Do not earn interest with regular Edge Accounts, but a random digital prize is placed against the picker, called “Erni” – electronic random number indicator equipment.
The main reason for unpaid awards is that one in 10 is still paid by a check, which are sent to the address given by the account holder. While the most chosen option is a direct bank transfer, it still meant about 600,000 checks in July.
According to NS & I, the awards are considered unclaimed after 18 months, and how long they were won. Because of this, the number of unclaimed prizes has gradually deposited for years.
Savings bank states that most of the unclaimed prizes have been won by account holders who have not registered their details, or have gone without updating them.
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Premium bond account holders can use NS & I online award checker or award checker app, to find out if they have an unclaimed award.
A spokesperson said for NS&I: “NS & I have paid more than 99 percent of all premium bonds awards to our winners since 1957. The amount of unclaimed prizes is currently just 0.28 percent of the total £ 37bn of the total £ 37BN honored by Eranie in nearly seven decades.
“We want to reunite people with their awards, so it is a time reminder that even for small holdings held for many years, it is worth entering your details with NS & I.”
