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Premium Bond Winner ?
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£50 on max after a couple of decent months0
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Is there much of a difference if you put lower amounts into premium bonds? I keep being told that having less than 50k is pretty sub-optimal.
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£275 (2x100 1x50 1x25) for June on FH
Never let the perfume of the premium overpower the odour of the risk1 -
£50 on max 😞Ex Sg27 (long forgotten log in details)Massive thank you to those on the long since defunct Matched Betting board.1
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The less you have in Premium Bonds the lower the likelihood is that you will get an average return, which is currently 3.30%. That 3.30% includes the high value prizes, most people will get closer to 3%.Kaizen917 said:Is there much of a difference if you put lower amounts into premium bonds? I keep being told that having less than 50k is pretty sub-optimal.One way to look at it is that currently the chance of winning 1 prize in a month is 24,000 to 1. So if you have less than £24,000 in Premium Bonds you are unlikely to win a prize every month.Personally I currently have £25,500 in Premium Bonds and my return so far this year (annualised) is 3.9%. Not bad considering it’s tax free and if it wasn’t I’d be paying 40% tax on my winnings.Ultimately none of the returns are guaranteed so any amount in Premium Bonds is a gamble when compared to a savings account. Personally I wouldn’t bother with less than £10k in PB, though who knows, people with less often get lucky.1 -
June first draw for me. £26000 - £25 prize.
Not sure this is for me think I'll withdraw tomorrow and get the safe £82 a month from Chip.2 -
what is chip? thanksx0
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Best month yet on a full holding
£275 £100 x 2 & £25 x 3
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Only won £25 this month. £34K holding. 4th month winning streak though.1
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