Premium Bond Winner ?

Nebulous2

chucknorris said:

Strange, but the website (https://www.nsandi.com/prize-checker) isn't showing me April's results yet

It is. It just isn't showing it as being April's results. I had £75 in March and it's now showing £50 but still saying for March. 

It has done that before if you get in early. 

chucknorris

Nebulous2 said:

chucknorris said:

Strange, but the website (https://www.nsandi.com/prize-checker) isn't showing me April's results yet

It is. It just isn't showing it as being April's results. I had £75 in March and it's now showing £50 but still saying for March. 

It has done that before if you get in early. 

I did wonder if that was happening because I won £100 last month but it was/is showing it as £75, so not a bad result for me.

cymruchris

I'm at £25 on a full holding...

GalacticaActual

£25 winnings this month from a batch of £2,000 bonds purchased in 2020.

That batch has now won 4 prizes totalling £100 

masonic

£525 on a (nearly) full holding. I'm glad I deferred my large withdrawal until after the draw, this takes my average rate over the past year up to 2.2%. Will carry on at 1.5% over at Chase.

wiseonesomeofthetime

2x £25 for me, on a full holding.

That's a financial year return of 0.95%, which is around the estimated rate for people of average luck

With Chase now at 1.50%, even after deduction of tax, 1.20% is higher than I have achieved in Premium Bonds in the last three years.

May be time to ditch some. I only lose that minuscule chance of winning the million anyway.

gary83

Zero for me on a full holding, reducing mine now as planed. after 16 draws achieved 1.73%, so it did better than it would have done in the bank. 

chucknorris

Does anyone know of any plans or rumours that NSI may have to consider increasing the prize fund from the current 1%?

masonic

chucknorris said:

Does anyone know of any plans or rumours that NSI may have to consider increasing the prize fund from the current 1%?

I doubt such a change would happen in the short term. Historically, returns have sat a little below the best instant access accounts minus basic rate tax, so it seems to be positioned about right at the moment. They have tended to be used by HR taxpayers and those with eyes on the big prizes predominantly. PBs came into their own because of successive cuts to savings account rates and inertia from NS&I to keep changing the payout accordingly. Now we are in a sharp upward trend, I could easily see it taking a long time for NS&I to respond. Green Savings bonds are still 1.3% for a 3 year fix, so they'll no doubt not want money destined there to be mopped up by PBs.

grandadgolfer

Nothing on £50k......first year return £525

Nothing on £15k for son.....first year return £100