Premium Bond Winner ?

Primrose

Cell said:

MX5huggy said:

Primrose said:

I keep a primitive spreadsheet listing bond numbers and their winnings.  Interesting to note that three of my £25 wins this month were actually on bonds I'd reinvested with previous £25 winners before NS&I stopped you reinvesting your winnings..

@Primrose why do you think they have stopped reinvestment of winnings? Last months winnings went back in the draw not that it did any good £0 on £28k. 

See if they push the prize fund up again after tomorrow probably be close to 1% behind easy access savings by next month if they don’t. 

I haven't been told they've stopped you reinvesting your winnings, Is that just when you have the maximum holding?

The websites says:

Reinvested into more Bonds

If you have less than the maximum invested then using your winnings to buy more Bonds can be a great way of boosting your chances of winning again. Choose this option and we’ll automatically reinvest the prize money for you. As a bonus, your new Bonds will be eligible to win prizes from the very next draw.

Sorry to have given the wrong impression.  You can reinvest any Ernie winnings up to the maximum holding of £50K

torchie

Full holding:
July £25
August £75
September £75
October £125
November £50

MarvinDay

£50,000 holding.

June. £100
July. £0
August. £0
September. £50
October. £50
November. £250

tommyedinburgh

£57,000 across our accounts for the last two months:

October: £100 and £25 
November: £25

Little disappointed with November. 

Caz3121

full holding.

June. £50
July. £125
August. £50
September. £100
October. £0
November. £325

inkydolphin

hoc said:

Why Ernie?

I ask myself that question most months 🙄

MX5huggy

The machine that generates the numbers is called ERNIE, for Electronic Random Number Indicator Equipment.

redpete

SusieT said:

molerat said:

Someone did well.  According to the major prize list they bought £15K, their only holding, in 2021 and scooped the £1M this month.

I am also liking the full holding that won £5k on a £2 bond. I am a very small holder and only putting £25 a month in, but it seems that the bigger blocks constantly seem to win more prizes, so when I have enough in there and can get the timings right, I will put £500 in before the month end and withdraw £500 after the draw so that I gradually get bigger blocks. 
I know that every bond has an equal chance, but I also know that the old £2 bond that I was given in the 1960's has never won anything so its worth a try 

Do you mean that you put in £500 before the end of the month and withdraw it after the draw in just over a month's time?  You have to own PBs for a full calendar month before they are entered in the draw.

MX5huggy

redpete said:

SusieT said:

molerat said:

Someone did well.  According to the major prize list they bought £15K, their only holding, in 2021 and scooped the £1M this month.

I am also liking the full holding that won £5k on a £2 bond. I am a very small holder and only putting £25 a month in, but it seems that the bigger blocks constantly seem to win more prizes, so when I have enough in there and can get the timings right, I will put £500 in before the month end and withdraw £500 after the draw so that I gradually get bigger blocks. 
I know that every bond has an equal chance, but I also know that the old £2 bond that I was given in the 1960's has never won anything so its worth a try 

Do you mean that you put in £500 before the end of the month and withdraw it after the draw in just over a month's time?  You have to own PBs for a full calendar month before they are entered in the draw.

No they are under the misapprehension that turning their small blocks in to big blocks will help them.

So say they have 20 £25 pound blocks in Jan draw on Jan 29th they buy £500 more in one block. Feb draw on the 1st the original £500 is in the draw. Then on Feb 2nd they cash in the original 20 blocks and in March’s draw they have the new £500 in the draw as one block. The swap has maintained the total in each draw as the same but they only had £1000 in premium bonds for a few days. 

Eirambler

Definitely noticing the uplift in prize rate recently - earned £175 in both October and November (3x£25 and 1x£100 each month) off just under £40k. Balances out some weaker months earlier in the year.