Premium Bond Winner ?

SVts

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.

borefest

what is chip? thanksx

SVts

borefest said:

what is chip? thanksx

Chip Bank instant access account currently paying 3.82% interest. I've realised Premium Bond 'gambling' is not for me as I'd rather have the guaranteed return. 

bungleberg

Best month yet on a full holding

£275   £100 x 2 & £25 x 3

  

Deru

Only won £25 this month.  £34K holding.  4th month winning streak though.

Deru

SVts said:

borefest said:

what is chip? thanksx

Chip Bank instant access account currently paying 3.82% interest. I've realised Premium Bond 'gambling' is not for me as I'd rather have the guaranteed return. 

That's a shame as you seem lucky to win something in the first ever draw you're entered into.  Chip also have a 'prize savings' account thing with a prize with no interest which I've also got some cash in (1st/2nd month in with no wins).  I'm also saving some cash in their normal 3.82% account.

I have the bulk of cash in Premium Bonds but have chunks in other savings accounts just to spread it out. Premium Bonds is fun for me and it's a bit of FOMO but it's done well for me.

Swipe

PBs make very little sense unless you've maxed out your ISA each year or are a higher rate tax payer

SVts

Deru said:

SVts said:

borefest said:

what is chip? thanksx

Chip Bank instant access account currently paying 3.82% interest. I've realised Premium Bond 'gambling' is not for me as I'd rather have the guaranteed return. 

That's a shame as you seem lucky to win something in the first ever draw you're entered into.  Chip also have a 'prize savings' account thing with a prize with no interest which I've also got some cash in (1st/2nd month in with no wins).  I'm also saving some cash in their normal 3.82% account.

I have the bulk of cash in Premium Bonds but have chunks in other savings accounts just to spread it out. Premium Bonds is fun for me and it's a bit of FOMO but it's done well for me.

That's just it I couldn't take a 3-4 month run of winning nothing. Pulled out this morning leaving just a £1000 in.

MallyGirl

 £250 (2x100 2x25) for June on £46k

eskbanker

SVts said:

Deru said:

SVts said:

borefest said:

what is chip? thanksx

Chip Bank instant access account currently paying 3.82% interest. I've realised Premium Bond 'gambling' is not for me as I'd rather have the guaranteed return. 

That's a shame as you seem lucky to win something in the first ever draw you're entered into.  Chip also have a 'prize savings' account thing with a prize with no interest which I've also got some cash in (1st/2nd month in with no wins).  I'm also saving some cash in their normal 3.82% account.

I have the bulk of cash in Premium Bonds but have chunks in other savings accounts just to spread it out. Premium Bonds is fun for me and it's a bit of FOMO but it's done well for me.

That's just it I couldn't take a 3-4 month run of winning nothing. Pulled out this morning leaving just a £1000 in.

Why leave £1000 in?  That'll earn £38.20 in the other account, but the 'average luck' expected return from the PBs will be zero, even though there remains the chance of winning something....