Premium Bonds

Oneputt replied on 07/02/2017 12:35

Posted on 07/02/2017 12:35

NS&I have announced that from May 2017 some prizes will be reduced further so I think come May I will be finding somewhere else to put my hard earned as it's been a year since I have had a pay outundecided

DavidKlyne replied on 07/02/2017 12:54

Posted on 07/02/2017 12:54

We have disposed of most of our Premium Bonds as there seem no point having the money tied up in them. OK you could get lucky. Some years ago we had a nice tranche of Bonds and we seem to win regular amounts, at least enough to cover the interest we would have got elsewhere. We then decided to double the investment and won absolutely nothing so apart from a few odd ones stuck on the inside of ERNIE!!!

David

Takethedogalong replied on 07/02/2017 13:06

Posted on 07/02/2017 13:06

Both us and sister are doing very well, way beyond any bank or ISA payout. Just lucky I guess!smile

Kennine replied on 07/02/2017 17:52

Posted on 07/02/2017 17:52

I like the Premium bonds.  We have small wins every month. Nothing big, just multiples of £25.  -- Much better returns than depositing the money in a bank or building society account. 

Those  "bankers" have ruined savings accounts with their miserly 0.5% interest. Doesn't even keep pace with inflation.

Premium bonds for me !!

Cheers....................K

brue replied on 07/02/2017 17:58

Posted on 07/02/2017 17:58

We've had a good income from p bonds. I gradually bought them over the years. As they are government backed they'd be the last to go in a crisis.

KjellNN replied on 07/02/2017 21:01

Posted on 07/02/2017 17:52 by Kennine

I like the Premium bonds.  We have small wins every month. Nothing big, just multiples of £25.  -- Much better returns than depositing the money in a bank or building society account. 

Those  "bankers" have ruined savings accounts with their miserly 0.5% interest. Doesn't even keep pace with inflation.

Premium bonds for me !!

Cheers....................K

Posted on 07/02/2017 21:01

You need to dump savings accounts ans switch to nterest paying current accounts.

Some pay 3%.

DSB replied on 07/02/2017 21:28

Posted on 07/02/2017 21:28

I used to have some premium bonds but eventually cashed them in.  Won very little over a very long period of time.

David 

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