Premium Bond Winner ?

Cressida100

£100 on full holdings this month. Previous months below: 

2024
September  £325
October £50
November £25
December £475

205
January £175
February 0
March £100

Dizzycap

njkmr said:

FH. £500+£100+2 x £50.
My best win so far. Happy this month.

I had been thinking of moving £20k to in ISA  in wife's name  ( she has isa of £20k from last year so can still add to this before this years out) but were paying fees to FA and the ISA company of about £60 a month on my £40k ISA and wife's paying about £30 per month I'm a bit miffed at giving more of the interest away. Not sure what to do.
This month's win tells me to leave it where it is. I was on 3.85 % for the year on prem bonds so this will take me over 4% now...!
Hmmmmm.

Why not consider opening a trading212 Account / Cash ISA - It has an interest rate of 4.9% tax-free - a ltitle more for new applicants:-)

NO fees for buying or selling in S&S ISA, excluding the applicable stamp duty, & NO fee's overall for anything ISA based. General S&S Trading Accounts attract a small trading fee on top of the usual stamp duty, if applicable, and if used. You can swap money between a Trading212 cash ISA and a S&S ISA account, transfers in & out from /to other providers is also free - NO monthly or yearly fee's

It's a win-win

https://www.trading212.com/

Just60

Best month for me - £1600 on £44k holding (1x1k, 1x500, 2x 50).  I did win £1000 once before in the 1980s, when I had only £300 in bonds.  

Macsidia

Dizzycap said:

njkmr said:

FH. £500+£100+2 x £50.
My best win so far. Happy this month.

I had been thinking of moving £20k to in ISA  in wife's name  ( she has isa of £20k from last year so can still add to this before this years out) but were paying fees to FA and the ISA company of about £60 a month on my £40k ISA and wife's paying about £30 per month I'm a bit miffed at giving more of the interest away. Not sure what to do.
This month's win tells me to leave it where it is. I was on 3.85 % for the year on prem bonds so this will take me over 4% now...!
Hmmmmm.

Why not consider opening a trading212 Account / Cash ISA - It has an interest rate of 4.9% tax-free - a ltitle more for new applicants:-)

NO fees for buying or selling in S&S ISA, excluding the applicable stamp duty, & NO fee's overall for anything ISA based. General S&S Trading Accounts attract a small trading fee on top of the usual stamp duty, if applicable, and if used. You can swap money between a Trading212 cash ISA and a S&S ISA account, transfers in & out from /to other providers is also free - NO monthly or yearly fee's

It's a win-win

https://www.trading212.com/

Down to 4.5% but still good. Their GIA & S&S are 4.6% but invested in Money Markets.

Macsidia

Just a single £50 for March so yet another disappointing month for me. (£43.5K Holding.) Total is £175 for the 3 draws we have had so far this year. If April's draw isn't very good then it's going to be time for me to start reducing my holding.

Langerhan

£100 on £8000 this month, which I was pretty pleased with after it was £50 last month. I've been putting a little away each month and it seems to now be at the point where I'm getting more months with wins than months where I get nothing.

Sunshine_and_Roses

£50 for me and £200 for OH, both full holdings.

Silly question - If we were to transfer some of our holdings to ISA's in April, would it make any difference to our odds of winning if we took £20k out of each, or £40k out of just one leaving £10k?

WindfallWendy

Sunshine_and_Roses said:

£50 for me and £200 for OH, both full holdings.

Silly question - If we were to transfer some of our holdings to ISA's in April, would it make any difference to our odds of winning if we took £20k out of each, or £40k out of just one leaving £10k?

I've been contemplating the same thing! I guess the point is you still have X number of bonds so your chance of winning reduces accordingly. So rather than 100,000 chances of winning you have only (e.g.) 60,000 chances of winning. And I'm sure many people on here will say every bond you hold has the same chance of winning, regardless of where/who/how those 60,000 bonds are held.

eskbanker

WindfallWendy said:
And I'm sure many people on here will say every bond you hold has the same chance of winning

Unsurprising that it's often said on here when people believe or suggest that it might not be true, but more to the point, it's what NS&I say!

What are the odds of winning?

22,000 to 1 for every £1 Bond in the monthly prize draw (variable)

https://www.nsandi.com/products/premium-bonds

Primrose

Against this you obviously need to offset the reality of receiving guaranteed interest on a cash ISA as opposed to only a possible win on Ernie so i  guess it's swings and roundabouts