Win up to £10,000 in the Post Office Savings Prize Draw

Good news! The Post Office Monthly Savings Prize Draw is back for 2021, with thousands of pounds and hundreds of gift cards to be won!

To take part, you will need to put at least £1,000 in an eligible Post Office savings account and opt in to the prize draws. You can open a new account, or deposit at least £1,000 in an existing account. The promotion is advertised in Post Offices around the UK, and starts today, 18 January – there are three prize draws closing at the end of February, March and April 2021.

If you’re a regular viewer of my Prize Unboxing videos on YouTube, you might remember that I was lucky enough to win three separate prizes of a £100 One4All gift card in the 2020 promotion – so it’s definitely worth taking part, if you have £1,000 you can afford to invest for a few months (you can withdraw it after the promotion ends in April).

What you can win

Every month between February and April 2021, 205 prizes will be awarded at random to eligible savers who have opted in.

  • 1 x £10,000 cash
  • 4 x £2,500 cash
  • 200 x £100 One4All gift cards

How to enter the Post Office Savings prize draw

The promotion is open to UK residents (excluding Northern Ireland) aged 18 and over.

  • Opt in to the prize draw by completing your details on the entry form at www.poprizedrawoptin.co.uk (you can do this before depositing your money!)
  • Open an Instant Saver, Growth Bond, Easy Access Cash ISA or Fixed Rate Cash ISA account with the Post Office. You can do this in a branch or download a form at www.postoffice.co.uk/prizedraw and apply by post. Unfortunately, you can’t apply online or by phone!
  • Deposit at least £1,000 into the account (existing customers can also take part by depositing at least £1,000 into an existing savings account) – apparently, if you deposit by card or cash, you will only be allowed to deposit £200, and will have to add the other £800 later (you can however, pay the full £1000 by cheque).
  • After you’ve made your £1,000 deposit you will be entered into every monthly draw, as long as you have at least £1,000 in your account!

Prize draws will be held 14 days after the close date of each promotional period. Cash prize winners will be notified by phone, and One4All gift card winners will be notified by email or SMS. You can win just one cash prize, but can win multiple gift cards in different prize draws.

Good luck with this one. You can read all the terms and conditions here. If you have any problems, contact prizedraw@postoffice.co.uk

13 Responses

  1. Paul says:

    Hello Di

    I recently opened a new Post office Instant saver account by downloading the forms, printing them out, filling them in with my personal details and posting them off to the PO Savings address in Armagh with a personal cheque/deposit for £1100.00.

    I have since opted in online for the prize draw as suggested but have no idea as to whether I’m actually in it or not? I was not asked for any card or account details just my name and address? How will they know I have a new account or not? Today I received my PO instant saver card and am awaiting my 4 digit pin number to be able to use it.

    Please will you advise how I can confirm I’m now in the running for the draws and insure they are aware of my new account with £1100 deposit? I tried emailing them but was rejected ??? This is the address; prizedraw@postoffice.co.ukprize

    • Di says:

      Paul, you should have received an email to say you’ve opted in – your name and address will be cross referenced with your account details.
      The email address to contact is Prizedraw@postoffice.co.uk – they’re helpful and sent me quick responses so do drop them a line if you’re concerned.

  2. Jayne Thunder says:

    Hi Di
    When you won 3 times last year with the PO saving comp did you invest in three different accounts or was it just the one. Trying to work out the odds of winning.
    Thanks Jayne

  3. Nadia says:

    Hiya! The terms and conditions link on the popprizedraw site links to a CRM log in. Any idea how to find the actual terms and conditions? Many thanks!

  4. Nicola says:

    Any idea who the cheque should be made out to when opening an account? Should it be Post Office Money Savings or the name of the new savings account holder (feels really strange writing out a cheque after all this time of using online banking…struggled to find a chequebook LOL)?

  5. Annalisa Dunham says:

    Hi. Thanks for this competition information. Just for added details – you cannot open an account over the phone anymore (apparently not for the last year) so has to be in branch or via the form. Also, you cannot open up the account with £1000 if you are using cash/ paying with a debit card. You can if you use cheque. This is to do with money laundering. So if you are transferring from a bank card or using cash, you will only be able to open the account with £200, and then will need to add the extra £800 once your account has been opened. Or use cheque! Hope this helps.

  6. Emma says:

    Hi, the popprizedraw link doesn’t work. Thanks

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