Can I Buy Premium Bonds On Behalf Of My 18 Year Old Daughter?

[TootToot]

My father has just given me £1,000 for my (just turned) 18 year old daughter with the wish that I put it all into premium bonds for her and don't let her know about it until she's 21. I can't see the option to do this, I can see the option to do it for children under 16 or for myself. I want it to be in her name so it is definitely her money. I do have a premium bonds myself and an N S & I account. Can anyone offer any advice please?

[davebro]

What's age got to do with it? 18/21 year olds are pretty savvy these days. Just give her the money, tell her her grandad's wishes & let her make her own choices.

[barry1010]

It can't be done for anyone over 16, unless the buyer has power of attorney for the recipient.
You could ask your father if he would be happy for you to buy the bonds for your own account but ring fence them and any winnings for your daughter or ask him to buy them in his own name.
Alternatively your father could give the money to your daughter with the proviso she invests in the bonds for at least three years