Premium Bonds will no longer be sold over the counter in Post Office branches from the end of July.
National Savings and Investments (NS&I), which runs the savings lottery, said all sales would be online, by phone, by post or by electronic transfer. It will be writing to people who have previously bought Premium Bonds over the counter to tell them of the change. NS&I said 65% of contact with customers occurred online or on the phone. "Moving to 100% of direct sales is a natural next step for NS&I. It should also be intuitive and straightforward for these customers, given that they already manage and repay their Premium Bonds with us directly," said Jane Platt, chief executive of NS&I. "After such a longstanding relationship, we know it is important that we help our customers with the transition."....Read more here