Premium Bond Winner ?

kev1744

just totted up my returns on a full holding of PB....annual return so far is 1.2%...dont get me wrong i love opening up the app when it tells me im a winner, but when i look at the returns i think its time to ditch the bonds and stick the cash in a savings account

justwantedtosay

kev1744 said:

just totted up my returns on a full holding of PB....annual return so far is 1.2%...

Good grief, that's even worse than my 1.5%. Still, big win coming next week!

Swipe

kev1744 said:

just totted up my returns on a full holding of PB....annual return so far is 1.2%...

Same here

ColdIron

NS&I raises rates: Another rise in premium bonds interest rate to 4% from August draw and odds improved from 24,000 to 22,000:1

Direct Saver and Income Bonds rates rise from 2.85% to 3.4% from 13 July.

https://www.nsandi.com/interest-rates

poppystar

ColdIron said:

NS&I raises rates: Another rise in premium bonds interest rate to 4% from August draw and odds improved from 24,000 to 22,000:1

Direct Saver and Income Bonds rates rise from 2.85% to 3.4% from 13 July.

https://www.nsandi.com/interest-rates

Been a long time coming! Almost emptied my accounts now🙄

Swipe

ColdIron said:

NS&I raises rates: Another rise in premium bonds interest rate to 4% from August draw and odds improved from 24,000 to 22,000:1

Direct Saver and Income Bonds rates rise from 2.85% to 3.4% from 13 July.

https://www.nsandi.com/interest-rates

About damn time

justwantedtosay

ColdIron said:

NS&I raises rates: Another rise in premium bonds interest rate to 4% from August draw and odds improved from 24,000 to 22,000:1

Direct Saver and Income Bonds rates rise from 2.85% to 3.4% from 13 July.

https://www.nsandi.com/interest-rates

Do we know how the August prizes will be shared out yet? I'm guessing it must mean that there will be proportionally more smaller prizes and fewer blank months...?

gt94sss2

justwantedtosay said:

ColdIron said:

NS&I raises rates: Another rise in premium bonds interest rate to 4% from August draw and odds improved from 24,000 to 22,000:1

Direct Saver and Income Bonds rates rise from 2.85% to 3.4% from 13 July.

https://www.nsandi.com/interest-rates

Do we know how the August prizes will be shared out yet? 

Yes, we do. From their press release*:



(*https://nsandi-corporate.com/news-research/news/boost-savers-nsi-announces-upcoming-interest-rate-increases-across-variable)

eskbanker

justwantedtosay said:

ColdIron said:

NS&I raises rates: Another rise in premium bonds interest rate to 4% from August draw and odds improved from 24,000 to 22,000:1

Direct Saver and Income Bonds rates rise from 2.85% to 3.4% from 13 July.

https://www.nsandi.com/interest-rates

Do we know how the August prizes will be shared out yet? I'm guessing it must mean that there will be proportionally more smaller prizes and fewer blank months...?

Not sure why you'd expect proportionally more smaller prizes, but the split by value of the prize pot remains at 10/10/80% between high/medium/low prize bands (where low is £25/50/100).

polymaff

It is 80% for low-value prizes so up to 5.33% + luck factor for 40%ers

Very frustrated by the rise in Income Bond and Direct Saver.  NS&I are delaying the payment of my late wife's 0.51% Guaranteed Income Bond into my Direct Saver.  They've had an original of the Grant of Probate for weeks.  They blame an unexpected rise in their Bereavement Department workload!

Bull.