📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Premium Bond minimum lowered to £25 today - MSE news

Options
2»

Comments

  • Sea_Shell
    Sea_Shell Posts: 10,030 Forumite
    Tenth Anniversary 1,000 Posts Photogenic Name Dropper
    DH has held £25 for over 45 years...never won a penny!! They were gifts from his grandparents when he was little.

    He's waiting for "the BIG ONE" !!!
    How's it going, AKA, Nutwatch? - 12 month spends to date = 2.60% of current retirement "pot" (as at end May 2025)
  • quirkydeptless
    quirkydeptless Posts: 1,225 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic
    edited 2 February 2019 at 8:57AM
    I had £20 in Premium Bonds bought for me as a child.

    In 50 years I had one win of £100 _party_

    I will be keeping £25 in Premuim Bonds for nostalgia.
    Retired 1st July 2021.
    This is not investment advice.
    Your money may go "down and up and down and up and down and up and down ... down and up and down and up and down and up and down ... I got all tricked up and came up to this thing, lookin' so fire hot, a twenty out of ten..."
  • Gers
    Gers Posts: 13,186 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    I still have two £1.00 bonds bought for me as a birthday present in 1975, never won a bean.
  • polymaff
    polymaff Posts: 3,950 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Alexland wrote: »
    Shame they didn't change the odds such that someone with £25 has a meaningful chance of winning anything.


    The only way of doing that would be to reduce the prizes to 25p !
  • I tried to invest £30 in my premium bonds just a couple of weeks ago ... only to the receive a letter saying that the amount had be returned to my bank account because the minimum amount was £50 (not £100).

    Wasn't any mention in that letter that they were planing to reduce it to £25. :o
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.1K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599.2K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.