Premium Bond Winner ?

6022tivo

Etccarmageddon wrote: »

pointless, it would be easier if they just credit winnings into my current account.

I am in the know.. Honest, and this option will come online this year...

Watch your mail..

Winnings via bacs.

Lady_Python

I've got the princely sum of £12 in Premium Bonds. Held since 1957.

Winnings: £0.00 ZERO:rolleyes:

Think I've got some of the oldest Premium Bonds in the country. Methinks they'll have more value as antiques soon :rotfl:

Keep them really for sentimental value (but secretly hope they might win something one day).

Cal_Culater

£200 purchases a bit at a time when I was a kid in the 60's and 70's and a bit older in the 80s and 90s. Won £25 a couple of times in the 70's and £50 in the 80's, taken as cash.

Then a £4k purchase Mar 99.

1st £50 won taken as cash. All the rest below reinvested
£100 Dec 00
£50 Jan 01
£50 Aug 01
£50 Apr 02
£50 Oct 03
£50 Jan 04
£50 Feb 04
£50 Jan 05
£50 Feb 05
2 x £50 Apr 05
£50 Jul 05
£50 Sep 05
£50 Nov 05

Additional £5k purchase Nov 05

£50 Jan 06
£50 Mar 06
£50 Oct 06
£50 Feb 07
2 X £50 Mar 07
£50 Apr 07
£50 May 07
2x £50 Jun 07
3x£50 Aug 07
£50 Nov 07
£50 May 08
2x £50 Jun 08
£50 Jul 08
£50 Nov 08
£50 Jan 09
£25 Apr 09
£25 Jul 09
£25 Sep 09
£25 Oct 09

I reckon my return since the last big purchase in 2005 has been 3 to 3.5% net and all with a chance, however small, of winning a fortune.
The wife's done better still, a return of nearly 4% net on hers since 2003.
Much better than Lotto as we still have the money.
About time for another block purchase methinks.

Gorgeous_George

Cal_Culater wrote: »

Much better than Lotto as we still have the money.

No you don't. You only gamble the interest that your 'investment' could have earned.

Using the RPI index, your £5,000 in Nov 05 should be worth £5,454.55 by now. Therefore, you have gambled £454.55 using RPI and probably quite a bit more using the best savings rates.

You could have saved your £5K in the Building Society and bought lotto tickets with the interest earned. Many more chances of winning and your capital would be just as safe as if it was 'invested' in PBs.

GG

ETA: Your £4,000 in March 1999 should be £5,148.08 today (using RPI)

rb10

Cal_Culater wrote: »

I reckon my return since the last big purchase in 2005 has been 3 to 3.5% net and all with a chance, however small, of winning a fortune.
The wife's done better still, a return of nearly 4% net on hers since 2003.
Much better than Lotto as we still have the money.
About time for another block purchase methinks.

Look at 2009 though. You've got £150, on an initial investment of £10100. So that gives an interest rate of 1.49%. You could easily get over twice this amount in a normal savings account.

Etccarmageddon

yeah a laughable interest rate, but it's down to supply/demand. if people dont take their money out of premium bonds then they will keep the interest rate at this uncompetitive level. too much inertia when it comes to premium bond holders.... people should take their dosh out and put it in a better savings product.

notadamsmith_3

Lower prizes are very late this year, same as in the New Year in 2009. Any idea why?

rb10

notadamsmith wrote: »

Lower prizes are very late this year, same as in the New Year in 2009. Any idea why?

The fact that today is the first working day of 2010?

notadamsmith_3

rb10, Still puzzled that the higher wins were posted on Friday1st.

Ifts

January small prizes are up on the NS&I site.

A belated Happy New Year to you all

.