Premium Bond Winner ?

Eco_Miser

najan49 said:

Anyway, the elephant in the PB room is inflation. If people are prepared to invest £50k in premium bonds with a 1% yield, aren’t they locking in a guaranteed real loss?

No, because the only thing guaranteed about Premium Bonds is that you will get £1 back for each one when you cash them in.

On average luck they will make a loss at present, but they could win a million, they could win absolutely nothing, or a wide range of values (in £25 steps) in between.

molerat

4 x £25 on a joint £34K

App not working for anyone else ? - had to go into the web page to get the results.

strawb_shortcake

2 x £25 on max holding, 
App doesn't seem to be working for anyone. Have a vague recollection that this happened previously on a weekend results day. 

westv

I always use the app but today I would check the website but I can't remember our NS&I numbers!

taylornj

2nd month in a row with zero won on £50k.

grandadgolfer

£25 on £50k

fly-catchers

2 x £25 on £50k

refluxer

najan49 said:

Anyway, the elephant in the PB room is inflation. If people are prepared to invest £50k in premium bonds with a 1% yield, aren’t they locking in a guaranteed real loss?

People aren't 'investing' in Premium Bonds, though. Many here are using them as an alternative to a savings account because there's a chance that the prizes will amount to more than the typical easy-access savings account will pay in interest. That's certainly been the case for me.

[Deleted User]

westv said:

I always use the app but today I would check the website but I can't remember our NS&I numbers!

Hi,

if you sign in to your NS&I account it will show if you have won this month, view account and you will get holders number.

pbcpdeveloper

Nothing this month breaks a 12 month winning streak   1.5 % for the year on full holding.