Can you still buy National Solidarity Bonds using the customer card?

Customers buying previous launches of National Solidarity Bond were issued a personalised card which allowed them to buy further bonds without going through the identification process. All mention of this card seems to have been dropped from the state savings website.

Does anyone know if this card can still be used to buy bonds?

camlin90 said:

Customers buying previous launches of National Solidarity Bond were issued a personalised card which allowed them to buy further bonds without going through the identification process. All mention of this card seems to have been dropped from the state savings website.

Does anyone know if this card can still be used to buy bonds?

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I used my card about 3 weeks ago to buy a bond without having to show ID etc. So I would say yes.

I really wish that State Savings (NTMA) would accept payment by electronic funds transfer (EFT). It feels awkward and not very safe walking into the local post office with a few thousand Euro in cash to buy a new solidarity bond or cert.

For Childcare Save and Childcare Plus they actually accept payment by EFT. I realise I could get a bank draft but this will cost a few Euro each time.

Despite never ever having a cheque book I am now thinking of getting one for the sole purpose of purchasing new bonds or certs.

theresa1 said:

Despite never ever having a cheque book I am now thinking of getting one for the sole purpose of purchasing new bonds or certs.

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Cheque books are handy for such situations whereby EFT isn't available. Odd in the sense that EFT still isn't universally accepted for everything despite the drive to retire them as a payment mechanism.

On that note there is a government stamp duty on every cheque ina cheque book even before you use them. One advantage of cheques over bank drafts is that most online banking allows you to see when they've been cashed.

Somebody needs to tell the NTMA about The National Payments Plan. I'll be paying tax in advance (MSD) in order to lodge money with NTMA to get DIRT free products.

It will cost me €20 for a book of 40 cheques. I still receive cheques (some for only a few Euro) from NTMA.

Just checking over application forms and they seem to have dropped from the latest opposite Personal Cheque - Payable to"NTMA State Savings" & crossed "Account Payee"

'No 3rd party cheques but those payable to account holder'.

Maybe because of re-design of forms they had no space for wording but I'm sure it has led to confusion for people writing cheques as to who to make it payable to.

Just a quick one here - do you physically get a "bond" (like the Savings Certs and Savings Bonds) when you invest in the NSB? I invested some time ago but all I have is a letter outlining the balance. Thanks, RM

No you don't get a "bond" or an actual Cert. You get an opening letter and you should get statements sent out roughly twice a year and each time you buy a new bond you will get sent out an acknowledgement letter.