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WHAT IS RENT-A-BOND? An Organisation set up originally for people to put their 'small-change' (£5 a week) into a facility, where they could gain a prize in any month. But where the money invested would be saved and not lost. WHAT COULD IT BE WORTH? Each member has at least 50 chances each and every month of gaining a prize. The minimum prize would be worth £2.50, the maximum prize would be worth £50,000. These prizes would be free of Income Tax. Your assigned PREMIUM BOND numbers are alive and active every month while your £100 security deposit is building up. This is returned to you automatically at the end of each 20 week program. Members HOW DOES IT WORK? The directors of RENT-A-BOND invest their own money in National Savings Premium Bonds and loan them out to each individual who agrees to make a £5 a week Security Deposit for the loan of the Premium Bonds. A share of any prize money due is paid to the depositor during the period it takes for the deposits to reach £100, i.e., 20 weeks. 100 Premium Bonds can then be purchased by the depositor in their own name, or if preferred a £100 cheque is paid if cash is required. No depositor is allowed to have more than £100 deposited with RENT-A-BOND at any one time but they may continue to make deposits for another Savings Program and so on. CAN I INCREASE MY SHARE IN THE PREMIUM BOND BONANZA? Yes, each member can double their bonds up to 100 simply by making a regular donation of at least £3 per month to charity. Or you can take up some of our other member benefits. By introducing new Members to RENT-A-BOND you will have £5 added to your account plus a 10% share in all the prize money due to the Member you introduced, this could be worth up to £5,000 to you in any month. WHAT DOES IT COST TO BE A MEMBER? The Membership Subscription is £12 per 20 week program. If you introduce three other Members to RENT-A-BOND during the 20 weeks, you can eliminate that cost entirely and benefit from possible prizes that your friends may gain, funded by RENT-A-BOND. It is not possible to predict the amount of income you may gain but you can be sure that all the money you deposit in this unique program will remain with you. COMPENSATION Whereas we guarantee your share of all prize money associated with your allocated Premium Bonds, we cannot guarantee that any specified Premium Bond will qualify for a prize. What we can guarantee is that should your allocated 50 Premium Bonds fail to gain a prize, you will at least have your £100 security deposit returned to you in full. We will also credit your RENT-A-BOND account with the equivalent of 3% APR interest on your security deposts, which will be applied as a discount on your next RENT-A-BOND subscription. |