Premium Bond Winner ?

pbcpdeveloper

gussie5555 said:

You'd have to be winning an average of £180 per month to match what a 5.5% 1 year fixed account would pay out at the end of the year assuming paying 20% tax on the interest - many folks just leave 50k sitting there in the faint hope - it's madness now to do this.

Ok if you tell yourself you can get your holding out at any time - but how many folks actually do this?

Jan £25

Feb £175

Mar £125

Apr £325

May £575

Average per month £245. 

Swipe

pbcpdeveloper said:

gussie5555 said:

You'd have to be winning an average of £180 per month to match what a 5.5% 1 year fixed account would pay out at the end of the year assuming paying 20% tax on the interest - many folks just leave 50k sitting there in the faint hope - it's madness now to do this.

Ok if you tell yourself you can get your holding out at any time - but how many folks actually do this?

Jan £25

Feb £175

Mar £125

Apr £325

May £575

Average per month £245. 

You'd had a great run but wait until you get some of my bad luck on a max holding since November

abgrad

I’ve won £50 this month (it says May but I know it’s June as it was £25 last month). Holding of £35k. I know I should be grateful but I hoped for more as April was £0. 

I’ve put more in so come August I will be almost full holding. But I also wonder about taking money out. I will be a higher rate tax payer this year so not sure about savings but I don’t have any ISAs except for the lifetime one. I don’t actually know if that counts towards my allowance but at the money I just put £13 a week in (random amount). I just really want to be able to access my money as I might sell my small flat this year and try to buy bigger place whilst I do have this good salary. I should probably do a fixed rate ISA as many you can take out with just a 30 day penalty for interest as they aren’t allowed to not let you take it out. They should teach more about savings at school (mind you im almost 40 now!) but most of us on here are in a good place to be considering where to put money, many don’t have much savings at all. 

BooJewels

Looks like I have £100 and £25, from 2 bonds in the same batch - holding £22k.

justwantedtosay

Swipe said:

justwantedtosay said:

gussie5555 said:

I doubt I'll get much if anything of the piddly prizes  ...

I wish I could think of £1,000 as 'piddly'. Or even £100 come to that.

While a £100 prize might have been a welcome win this time last year it's now a disappointing amount on a max holding.

I have a full holding and have won just a single £100 prize - ever. So far this year it's been, £50, Nothing, £100, £125, £50 and £50 - just 2x25 for June. That's an APR of 1.5%, and why a £100 prize would be very welcome! 

In reality, £100 is the amount you're most likely to get in any one month with "average luck". An average of £110 a month in most years.

TadleyBaggie

My wife and I both won £125, she has a 48K holding, I've got 30K.

josh33

Website and app still showing May's results for me... mine never seem to show up until 1am ...

BooJewels

It usually says the previous month for a little while after midnight, but the prize amount is correct - as I had 0 for the last 2 months, so any amount was going to be a June win.

josh33

Now it's updated. Zero prizes for myself, the wife and daughter (combined £150k). Incredibly bad luck? The probability of winning nothing across £150k is 0.2% per month...

cymruchris

Small prize this month - £25 on a full holding.

Jul 22 - £125
Aug 22 - £ No win
Sep 22 - £75
Oct 22 - £75
Nov 22 - £75
Dec 22 - £75
Jan 23 -£225
Feb 23 - £50
Mar 23 - £125
Apr 23 - £225
May 23 - £150
Jun 23 - £25

£1225 for the rolling year - so I make that a 2.45% return...