Campaigners say the move is a betrayal of millions of savers who have held Premium Bonds for decades. I feel I'm being bullied into doing this Valerie Jones, 84, bought Premium Bonds when they launched in 1957 and now has more than £40,000 invested. Valerie Jones, 84, bought Premium Bonds when they launched in 1957 and now has more than £40,000 invested. An NS&I spokesman added: 'Paying Premium Bonds prizes directly into customers' bank accounts is quicker, easier and more secure. It will also mean that we can reduce the number of Premium Bonds prizes that go unclaimed where we don't have a current address.

Source: The Nation November 28, 2020 07:52 UTC