'Premium Bond prize rate to be cut to 1.3%'
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Premium Bond prize rate to be cut to 1.3% - MSE News
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Former_MSE_Naomi
Posts: 519 Forumite
Premium Bond holders will have a lower chance of winning a prize from May, while those with NS&I savings products will see their interest rates cut...
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'Premium Bond prize rate to be cut to 1.3%'
Click reply below to discuss. If you haven’t already, join the forum to reply.
'Premium Bond prize rate to be cut to 1.3%'
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I don't regard Premium Bonds as any sort of sensible investment; just as a less ludicrous way of wasting money than spending anything on the lottery. I now have £25 - the minimum - in premium bonds, and feel absolutely no desire whatsoever to buy lottery tickets. I never spent huge amounts on the lottery; probably around £30 a year, money that is now gone forever. Effectively, I am now a lot better off; not least because, if I ever decide I really want the money back, I can reclaim it.
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