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Premium Bond minimum lowered to £25 today - MSE news

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Comments

  • Sea_Shell
    Sea_Shell Posts: 10,036 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: 13,233 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: 3,954 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 !
  • DonnySaver
    DonnySaver Posts: 569 Forumite
    Part of the Furniture 500 Posts Name Dropper
    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
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