How do Bonus Bonds work?
What is a Bonus Bond?
A Bonus Bond is a unit in the scheme.
Each eligible Bonus Bond you hold gives you one entry into the monthly prize draw. In order for your Bonus Bond to be eligible, you must hold it for at least one calendar month. For example, if you buy a Bonus Bond in March, that Bonus Bond won't be in the monthly prize draw in April, but it will be in any monthly prize draws from the first day of May onwards.
What is the scheme?
The scheme is a unique managed investment scheme. Your money is pooled with other investors' money and invested in fixed interest assets and cash and cash equivalents.
Instead of earning interest or receiving returns, you get chances to win a share of thousands of cash prizes each month.