Should I apply for a larger amount so I have a higher chance of getting more Savings Bonds?
No, applying for a larger amount does not give you a higher chance of getting more bonds. The allotment method aims to distribute Savings Bonds as evenly as possible. Hence, you should only apply for the amount you wish to buy.
This information is sourced from MAS
Related questions
How are Savings Bonds allotted? Why would I be allotted less than the amount I applied for?
When will I know the results of my Savings Bonds application? How do I know how much Savings Bonds I have received? What happens if my application is unsuccessful or partially filled?
If I have reached my Individual Limit but have submitted a redemption request, will I be able to apply for new Savings Bonds within the same month to bring my total holdings back to the Individual Limit?
Can I make multiple applications through different banks for the same Savings Bond issue? What will happen to my earlier requests? Will they be overwritten or superseded?
Need more help?
Get in touch