Premium Bond Winner ?

Jennifer_Jane

£25 for me this month. Have full holding, and won £325 so far this year. That would work out at 1.85% "interest" per year on the calendar year. Got £775 for 2012.

Still waiting for the big one....

planteria

Jennifer_Jane wrote: »

Still waiting for the big one....

good luck. and to the others holding PBs. it does add a bit of fun to it all. is 1.85% the 'average' now? it was 1.75% last year, i think.

Zerforax

droopsnoot wrote: »

It's not bad - I have a larger holding than that and average below 1% over about five years.

The July checker is on the home page now.

Yea I can't really complain. Bit more fun than receiving 2% on a normal savings account!
I've increased my holding to 10k now so we'll have to see if I can get double the number of prizes.

I get emails whenever I do win a prize - saves time instead of having to check!

planteria wrote: »

good luck. and to the others holding PBs. it does add a bit of fun to it all. is 1.85% the 'average' now? it was 1.75% last year, i think.

The premium bonds offer prizes based on 1.75% interest on all the PBs so it's still a '1.75% average'.

I think Jennifer_Jane was just stating her rate of return so far for the year as being 1.85%. She managed a 2.58% return for last year which is impressive.

Oblivion

We're on a lucky streak at the moment ... Mrs O got two £25's in May and another two £25's in this month's draw, and I got £100 in June.

Next stop £1,000,000 ... well, you never know.

droopsnoot

Zerforax wrote: »

I get emails whenever I do win a prize - saves time instead of having to check!

So do I now, having registered last month finally. However I am disappointed that they do that old trick of emailing you to tell you they have some good news about the bonds, but don't actually tell you what it is. I mean, how much of a security issue would it be to tell me how much I've won without making me sign in to find out?

Zerforax

droopsnoot wrote: »

So do I now, having registered last month finally. However I am disappointed that they do that old trick of emailing you to tell you they have some good news about the bonds, but don't actually tell you what it is. I mean, how much of a security issue would it be to tell me how much I've won without making me sign in to find out?

Haha that is very true.. raises your hope when you spend ages trying to find your NS&I logins to only discover that you've once again won £25 and not the £1mil :rotfl:

100saving

Oblivion wrote: »

We're on a lucky streak at the moment ... Mrs O got two £25's in May and another two £25's in this month's draw, and I got £100 in June.

Next stop £1,000,000 ... well, you never know.

how many bonds do you hold to get that? or you must have super human good luck!

Oldbiggles

July 4x£25's here, still hoping that bigger prizes actually exist.



:search:

Annie021063

another £25 this month

Sasahara2

If you exclude luck getting prizes over £25, the interest rate is 1.25% tax free. (Equivalent to 1.5625% gross for 20% tax payer, 2.0833% gross for 40% tax payer.)

The chance any prize being more than £25 (based on the last draw) is 3.88%. 96.22% of the prizes are £25.
So roughly every 25 wins 1 should be £50+ prize.

If you have the maximum £30k and hit the odds spot on with winning numbers, but no lucky £50+ wins. You should expect 15 wins a year - £375.

Every 20 months you should get a £50+ win.

If you're getting more than 1.25% return you should be considered lucky.

Given the poor interest rates at the moment I'm considering going back to them, since it's better than most instant access accounts, with a small bit of risk added.