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Your Premium Bonds sales pitch: why are they a good idea?
Comments
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Have you tried looking at the Premium Bonds webpage on NS&I?Type_45 said:
What chance is there? Give me the odds.Zanderman said:
The whole premise of premium bonds is that there IS a chance of capital gain!Type_45 said:I know someone who has £50K in premium bonds. She gets about £25 a month, I think. No chance of capital loss, but no chance of capital gain either...
Can anyone give me a reason why they might be a good idea?
Not sure how you can have missed that fact.
The key word - your own actually - is 'chance'.
You'll find a statement about chance (that you seem somehow to doubt) and the basic odds written there.
Many others in this thread have given a lot more detail about it too.1 -
Offset mortgages tend to have slightly higher interest rates though.MaxiRobriguez said:Another consideration for easy-access-cash-alternatives is dumping it in an offset mortgage.0
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