Premium bonds unusual situation, for me!

jaceyboy

Trapdoor said:

£750 in the past 12 months for me, on max holdings 😩

I’ve just had a look back through my winnings history and this year I have only had four winning months and it appears from 2020 my fallow months have increased and winning months have had increasingly meagre prizes.

A friend and her daughter have only recently bought into PBs. The friend has about £15k holding and has already won 2x£1000 prizes since she took them out late last year, her daughter with about £8k has had a couple of £200 wins. They find it funny (I don’t) that I appear to be so ‘unlucky’.

My luck is about to change as I’m pulling almost all of my holding out to top up my ISA and I’ll stick the rest in a decent instant access account until next year when I’ll bung another £20k in my ISA.

Clearly when interest rates are reasonable, PBs make much less sense, unless you really do have a savings tax problem.

Same here and I think many have too