Premium Bond Winner ?

linz

After 2 months of zilch on max my luck has changed;

1 x £25
1 x £50
2 x £100

Nebulous2

My holding has varied this year, as I've been withdrawing money. Currently just under £32k - was around £36k at the beginning of the year. 

£50 this month. My wife had £125 on a similar holding. 

My return this year:- 

Jan £125
Feb £150
Mar £175
Apr £50
May £50
June £50 

Total of £600, about 3.6% 

DJ1UK

1 x £100
1 x £500

on full holding this month. Pretty pleased.

Chloe_G

6 prizes totalling £325 on a max holding.

strawb_shortcake

Nothing for me this month on max holding, but still at £1450 over the last 9 months and £1625 on a rolling 12 months

Macsidia

Well last month I was having a bit of a moan with my disappointing returns thus far. That all changed in June.

2 Prizes: £25 and then I got £500!!! Couldn't believe the 2nd prize was £500, Was thinking it be another £25, £50 or £100 max.

2023 so far: (Holding Approx £39K).

Jan - £0, Feb - £150, Mar £75, Apr £25, May £0, Jun - £525, Total: £775

Expectation for 6 months: £643.50 or £546 excluding larger prizes. The £500 puts me ahead for the year so far.

Macsidia

retiringtoosoon said:

£5m on £25 holding!

Thats currently impossible. £4.3m would be the highest possible win on £25 holding. (2x £1m & 23x £100K)

Gave me a good chuckle for a while though!

GrubbyGirl_2

gussie5555 said:

Swipe said:

jaceyboy said:

My wife has £50k and I have £41k in Premium Bonds, we win normally around £100-150 each per month, would I be better off putting £91k into something else?

This video pretty much sums Premium Bonds up:

https://www.youtube.com/watch?v=q1EcrlFiwP4&pp=ygUZamFtZXMgc2hhY2sgcHJlbWl1bSBib25kcw%3D%3D

Excellent Video - When Interest Rates were 1% and below Premium bonds made sense - but not anymore. I've only held a max holding for around three years and for the first two years I came out on top but the last six months no way could I match what I could get from normal savings accounts - there really should be a stampede to get out of Premium Bonds now - but as the guy said our brains just don't let us see the truth! The only reason I'm waiting one more month is that I can see the BOE increasing rates on June 22nd again and 1 year fixed bonds paying over 5.5% will become available and I know where my 50k should be sitting then !

You can't generalise, they make perfect sense for some.  I am a high rate tax payer, I max out my ISA allowance every year, I have about £40k in savings which increases every year even after I've put £20k into my ISA. I am retired so can't max out a pension.  I have the max holding of premium bonds and since January they have earned me 1.85% and there is still 6 months to go.  If I put it in a 4% account I'd be getting 2.4% after tax.  They make sense for me.

I do wonder how many who dis premium bonds play the lottery every week?

SoozyJ22

Second month in a row of £50 on a full holding. 

retiringtoosoon

Macsidia said:

retiringtoosoon said:

£5m on £25 holding!

Thats currently impossible. £4.3m would be the highest possible win on £25 holding. (2x £1m & 23x £100K)

Gave me a good chuckle for a while though!

I was rounding to the nearest £5m