Setting up an Automatic Payment by internet banking

When you set up an Automatic Payment (AP) to buy Bonus Bonds using internet banking, Bonus Bonds will automatically be purchased at regular time intervals from your preferred account. You decide how often and how much.

In all instances, you'll need the bondholder name and number (referred to as 'customer number' in some internet banking systems) handy, as you must include the bondholder number in the 'Reference' field in the 'Payee details' section in the required format.

The bondholder number must always be in the following format: 841x (space) xxxxxxx. If the bondholder number starts with a '0' (after 841x), then you must enter the '0', e.g. 8410 0123456.

You'll also be asked for a payee name and account number. To set up Automatic Payments for Bonus Bonds, you should use the following payee information:

Bonus Bonds account information
Name: Bonus Bonds Sales
Account Number: 11 8431 0998747 000

Remember: the minimum purchase amount for Bonus Bonds is $20, and whole numbers thereafter. Your Bonus Bonds are first eligible for the monthly prize draws when you have held them for one complete calendar month following their purchase date. A Bonus Bonds certificate will be automatically mailed to you every time an AP is made to purchase Bonus Bonds.

Using Bill Payment by internet banking and phone banking

Bill Payments are useful for one-off purchases. They're also a handy way of purchasing Bonus Bonds as gifts for family and friends. Simply enter their personal details and bondholder number and give your loved ones chances to win $1 MILLION in the Bonus Bonds monthly prize draws, month after month after month.

To set up a Bill Payment through phone banking, please phone your bank and they will set it up for you. However, do ensure you have the bondholder name and number handy.

When setting up a Bill Payment through internet banking, you can simply enter 'Bonus Bonds' into a search field to bring up account details. However, do ensure you enter the bondholder name and number in the required format.

The bondholder number must always be in the following format: 841x (space) xxxxxxx. If the bondholder number starts with a '0' (after 841x), then you must enter the '0', e.g. 8410 0123456.

Remember: the minimum purchase amount for Bonus Bonds is $20, and whole numbers thereafter. Your Bonus Bonds are first eligible for the monthly prize draws when you have held them for one complete calendar month following their purchase date. A Bonus Bonds certificate will be automatically mailed to you every time a Bill Payment is made to purchase Bonus Bonds. Once Bonus Bonds is set up as a bill payee, you can quickly and easily make more purchases of Bonus Bonds whenever you wish.