Martin Lewis compares premium bonds to savings rates
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David Grant “could die at any moment” when his year-long battle with cancer worsens. However, despite trying to withdraw the money he has in Premium Bonds since the start of April, the 68-year-old man said he is still £100 out of pocket after numerous phone calls and emails.
I’m not a millionaire. I’ve got a small pension. I want [my children] to have a bloody good party for me
He wants his children to use the money for the funeral, Liverpool Echo reports.
“I’m not a millionaire. I’ve got a small pension. I want [my children] to have a bloody good party for me,” David said.
“I wouldn’t like anyone else to hang on to any money that’s owed to me.
“I could die at any moment. I’m hanging on by the skin of my teeth.
“It’s not bothering me that I’m dying, it’s bothering me that I’m being messed about by these people.”
David, from Whiston, Merseyside, first went to the doctors with backache in March last year when he thought he had pulled a muscle.
But he was rushed to hospital and diagnosed with the cancer.
Since the diagnosis, David has been trying to get his affairs in order.
He continued: “I got £100 worth of premium bonds many years ago. Since then we’ve moved house a few times and I’ve lost all the documentation
“I’ve been diagnosed with terminal cancer but I’ve been trying to get the Premium Bond people to give me my money back.
“I’m pretty good on a computer I’m not an old fogey who doesn’t know how to use a computer.”
David said he was initially unable to withdraw the money because he had lost his account number, and he was told it could take up to 12 weeks to send him a new one.
He has now been sent a new number in the post but is still unable to access his account.
David said he was then told he would receive his money within five working days of sending a withdrawal form but he is still waiting to receive it.
But National Savings and Investments said they are in the process of investigating David’s withdrawal.
An NS&I spokesperson said: “We are extremely sorry to hear of Mr Grant’s personal circumstances.
“We are in the process of investigating his withdrawal and a member of our customer services team will be calling him shortly to take him through the process now that he has his received NS&I number and password that is required for customers to manage their NS&I accounts.”
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