Please make sure the parent/guardian is happy to look after the investment for the child (until the child is 16), and agrees.On their behalf or have the Bonds to be repaid to you Remember, although you can buy Premium Bonds for someone else’s child as a gift, you won’t be able to look after the investment.But only the nominated parent or guardian will be able to manageīefore you apply for someone else’s child: We’ll also send you an acknowledgement of your investment. You can ask us to send you an electronic or paper gift card for you to pass on to the child. The child must not hold more than £50,000 of Premium Parent or guardian will have a separate holder’s number for the child. The same child can have more than one nominated parent or guardian managing Premium Bonds for them. This could take a few days while we set up your registration. If your child already has some Premium Bonds and you want to buy more online or by phone, you’ll need to be registered first. Parents or legal guardians can apply online, by phone or by post. We’ll send confirmation of any transactions made, prizes won and payment for cashed-in Bonds to the nominated parent or guardian until the child is 16. When the child turns 16, they’ll manage their own Bonds. Until the child’s 16th birthday, the parent or guardian named on the application looks after the Bonds, regardless of who bought them.
Premium Bonds can make a special gift for a child under 16.
