Topic: Premium Bonds

[Rhi]

It’s annoying that none of the recent rate rises have been reflected in the prize fund being increased.

An increase has just been announced, but it's hardly earth-shattering!

NEWS: From June the Premium Bond prize fund rate will increase from 1% to 1.4%.

This is just less than the top easy access account at 1.5% and far less than top fixes.

So most with typical (median) luck even with the full £50,000 will on average still do better with those.

https://mobile.twitter.com/MartinSLewis/status/1529038036423647233

[John C]

£200 total household wins. Still absolutely shite.

Put me on ignore Jake 

[Joff]

Standard £25

[67CherryRed]

Nothing for 13 months now (£7700 of bonds).

[west_london_red]

After a good start, nothing last month and only £25 this month.

Thanks Rhi for the update on the rates going up.

[gazzalfc]

Another £25.

[Red-Soldier]

Another £25.

This time next year Rodders 

[gazzalfc]

This time next year Rodders 

Free money is free money.....

But in all honesty, I've got £500 in there from my grandad when he died. All the grandkids were told either buy something to remember him by or put it in premium bonds. All my siblings and cousins bought things like watches, jewellery etc. I was the only one who put it in bonds

That was over 7 years now and including that I've won a total of £50. I know my chance of winning a mid or top tier prize is lower than zero but it's there in his memory and the prize is alway a nice reminder of him when it comes.

[Red-Soldier]

Free money is free money.....

But in all honesty, I've got £500 in there from my grandad when he died. All the grandkids were told either buy something to remember him by or put it in premium bonds. All my siblings and cousins bought things like watches, jewellery etc. I was the only one who put it in bonds

That was over 7 years now and including that I've won a total of £50. I know my chance of winning a mid or top tier prize is lower than zero but it's there in his memory and the prize is alway a nice reminder of him when it comes.

That's a nice thing.

[ToneLa]

Got a bonus and my help to buy limits payment so I think its time to throw a few ton into this

[west_london_red]

Diddly squat this month

[Joff]

The standard £25 as per 😐

[So… Howard Philips]

The standard £25 as per 😐

Same here. I was away at the time, didn’t check my account  and spent a couple of days day dreaming I’d won the jackpot.

It’ll buy a round.

[John C]

One daughter £75, one £50, fuck all for me 

[ToneLa]

I'm not eligible til next month!

Ah well. After years of shit interest rates winning £25 would be alright
Shame I've just jinxed it forever

[rob1966]

£50 for the missus, £25 each for the lads

[John C]

Not a bad month, lad got £25, 2 daughters £75 each and I won £575 -  biggest prize I've ever had.

[stewil007]

I dont have Premium Bonds but am in a position to put £200 a month into something.....considering the interest on a regular saver works out at about £35 a year, it almost seems worth just punting on winning a prize or two.

Is it easy to withdraw the cash form the account if required?

[Charlie Adams fried egg]

I dont have Premium Bonds but am in a position to put £200 a month into something.....considering the interest on a regular saver works out at about £35 a year, it almost seems worth just punting on winning a prize or two.

Is it easy to withdraw the cash form the account if required?

Its online now and doesn't take too long for the £ to reach your account.

[west_london_red]

Diddley squat again

[AndyInVA]

I have some money left in England that my Dad moves around for me to try to make a few measly pounds in interest from time to time. It's something like just over 10K in pounds that has been sitting in some Leeds high interest account for 18 months. But today high interest means about 1.5%.

He suggested I consider putting the money in premium bonds.

Looking in here for the past few pages it looks like premium bonds can give a few pounds if you are a 'lucky person' or otherwise just sit safely there in the hope of winning 'the big one'. It's all in my Dads name so if it is a big win then I have to hope he does the right thing.

[west_london_red]

I’m gonna leave my money in premium bonds for now as rates are still going up and the money can be withdrawn at pretty short notice. Once rates settle then I may move the money into a savings account and fix it there for a couple of years.

Don’t forget while we’re all dreaming of winning the big one, even the smaller prizes are nothing to sniff at!

[ToneLa]

When do I win something??

Honestly, new to this so I'll chuck money at it on payday. Regularly. (he hopes, but thus is the modern system )

[Joff]

2 X £25 this month. Better

[west_london_red]

Have they increased the payouts since the 0.5% rate increase or are they trousering it like everyone else?

[Charlie Adams fried egg]

Have they increased the payouts since the 0.5% rate increase or are they trousering it like everyone else?

Just hear its going up from 1.4% to 2.2%.
Wouldn't be surprised to see further increases.

[BlackandWhitePaul]

I received an email earlier today from NS & I saying WINNER, You've just won. Thanks to your Premium Bonds, you've won a prize. Ready to check the amount? Have your holders number at hand and click below.

So I log in and am informed that I have won in this months draw (October) £125, one £100 prize and one £25 prize.

Nothing has been deposited in my bank account, can one of you's who are regular winners tell me how long it usually takes to come through.

Thanks.   

[So… Howard Philips]

I received an email earlier today from NS & I saying WINNER, You've just won. Thanks to your Premium Bonds, you've won a prize. Ready to check the amount? Have your holders number at hand and click below.

So I log in and am informed that I have won in this months draw (October) £125, one £100 prize and one £25 prize.

Nothing has been deposited in my bank account, can one of you's who are regular winners tell me how long it usually takes to come through.

Thanks.   

A couple of days from memory.

[Joff]

£100 this month.

My winnings get redistributed as new bonds

[BlackandWhitePaul]

A couple of days from memory.

A'hh okay thanks.   

[John C]

Zilch for me but my youngest won £275.

[67CherryRed]

£100 this month, first time I've won a prize larger than £25.

[damomad]

£1025 this month! Biggest win ever and been holding for 5 or so years.

[Andy @ Allerton!]

Couple of hundred smackaroonies

[John C]

£1025 this month! Biggest win ever and been holding for 5 or so years.

That's superb mate, bet you're made up.
£225 in to JC house this month.

[rob1966]

£1025 this month! Biggest win ever and been holding for 5 or so years.

£200 for the missus and kids this month

[Millie]

£125 this month

[Joff]

£25. Shite.

[Charlie Adams fried egg]

Prize rate up to 3% now.
May start to have another look now.

[Red-Soldier]

Prize rate up to 3% now.
May start to have another look now.

With 2.5% instant access savings accounts available, I guess they had to do something.