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Premium bonds? keep them or cash them in?
pink.1970
Posts: 512 Forumite
I have £300 in premium bonds is it worth keeping them for a while or should i cash them in and save the money elsewhere?. Only held them for 2 years but no wins as yet.
PinkPunkBird 0
Comments
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What percentage of your overall savings does this £300 represent?
Roughly if it's a small percentage of your savings, keep it in premium bonds, if it's the majority of your savings, move it.
If the latter, but you still want to be in with 'a chance' remove all but £100 (the minimum holding.)Conjugating the verb 'to be":
-o I am humble -o You are attention seeking -o She is Nadine Dorries0 -
thanks, now for next question, where should i move it to? PinkPunkBird 0
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How about an NS&I ISA if you don't have one already and don't intend to spend it any time soon?
Otherwise I'd suggest an Icesave savings account.0 -
I dont intend spending it too soon as i am trying to get some kind of savings built up, this is whats left from nearly £30,000, i would just like to try and get some of it back!! PinkPunkBird 0
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