National Savings and Investments (NS&I) has announced the crucial date by which Premium Bonds must be purchased to qualify for the next exciting prize draw.

Premium Bonds are a savings product from NS&I where investor’s money is entered into a monthly prize draw, offering tax-free cash prizes ranging from £25 to £1million, rather than earning traditional interest.

More than 5.9 million prizes are up for grabs, and winners are drawn at random on the first of every month.

However, to be…