Premium Bond Winner ?

ab56

Quote from VXman
"i have a friend who swears by premium bonds. She has 6 accounts maxed out and it is her only investment. She loves telling me she is winning all the time. She has never worked out what her return on her £300,000 actually is over a year."

How does friend have 6 accounts maxed out?  Only allowed 1 per person?

FWIW, 2x£25 on my one maximum holding.  Pleased to get something.

CTrendy

Nothing, again, on my £1 holding held since 1965. 
One day....

blue_max_3

£25/25/25 this month on max holding. So, three months with nothing at all! Then 500/25/25, then 25/25/25 then 25/25/25.
Total £775 over seven months (or eight if you include the first ineligible one). That's 1.5%pa and I have another four months to improve on that. Been pretty good for me after a poor start.

Speedbird676

I put max holding in at the end of June, so this is my first draw - 5x£25 won so can’t complain!

Primrose

Several weeks  ago I went online and opted to have future prizes paid direct into my bank account instead of being paid paper warrants yet last month I won £25 and was still sent a paper warrant. 
Have logged into NS&I to check my new payment option was correctly registered, which it was.   Anybody else having this problem?   I've just won £25 in August so wondering how this prize will be paid.    Perhaps there is a Lockdown backlog with staff still working from home and delays in requests being activated? 

Primrose

CTrendy said:

Nothing, again, on my £1 holding held since 1965. 
One day....

It's lonely!   Buy some more to keep it company and you may start being lucky!

Primrose

ab56 said:

Quote from VXman
"i have a friend who swears by premium bonds. She has 6 accounts maxed out and it is her only investment. She loves telling me she is winning all the time. She has never worked out what her return on her £300,000 actually is over a year."

How does friend have 6 accounts maxed out?  Only allowed 1 per person?

FWIW, 2x£25 on my one maximum holding.  Pleased to get something.

Yes, I'm wondering how anybody can hold more than one NS&I account unless you hold them in different names, maiden name and married name, but when you open an account don't you have to quote a National Insurance number or something.   So long since I opened mine I can't remember what info they require. 

Blue_Violet

First draw on max holding was July 5x25 August 3x25 interest rate is so rubbish thought I’d see how premium bonds would deliver. I’ll know more after 12 months 

Swipe

Max holding since June.

July draw: 4 x £25

August draw: a measly £25

polymaff

Swipe said:

Max holding since June.

July draw: 4 x £25

August draw: a measly £25

Implying a rate of 1.5%, tax free,  per annum.

What ARE you complaining about?