Premium Bond Winner ?

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viccdee said:

It is dispiriting reading how much others with a full holding have won. My FH has so far given me a pathetic return. My first draw was in February:


Feb: £25
Mar: £150
Apr: £100
May: £175
Jun: £50
Jul: £0
Aug: £150
Sep: £125

Running total: £775 (= annualised interest rate of 2.3%)

You are not alone. Mine hasn't been great either apart from a £300 prize in July's draw.

viccdee

Ps. I know it's supposed to be totally random luck but it still seems odd that some people appear to be winning consistently, significantly higher amounts. Or is it just that all the others like me are keeping quiet ?! If so, let me know because "misery loves company"

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viccdee said:

Ps. I know it's supposed to be totally random luck but it still seems odd that some people appear to be winning consistently, significantly higher amounts. Or is it just that all the others like me are keeping quiet ?! If so, let me know because "misery loves company"

I don't know, Still a few people posting no win on a full holding this month.

thegentleway

viccdee said:

It is dispiriting reading how much others with a full holding have won. My FH has so far given me a pathetic return. My first draw was in February:


Feb: £25
Mar: £150
Apr: £100
May: £175
Jun: £50
Jul: £0
Aug: £150
Sep: £125

Running total: £775 (= annualised interest rate of 2.3%)

You're luckier than me - I'm on 2.1% annualised

Sep £0
Aug £125
Jul £100
Jun £25
May £125
Apr £150

Still, we're both incredibly lucky to have full holdings. Bear in mind that 1.85 billion people (26% of the global population) lived below the threshold of $3.65 a day and 3.71 billion (46% of the global population) lived below the threshold of $6.85 a day in 2022...

gwapenut

Just a question, we have withdrawn premium bonds but hit the "close my account" button by mistake.

Does anyone know what happens? Do they just leave your old holders number and login details with £0 bonds, and you an later buy some more, or are you eradicated from their systems?

Ifts

Got the 'you've just won' email today:

£100 (2 x £50) for September on £40k holding   

JGal

brewerdave said:

We have a total holding of ~ £84k - every month this year we have "won" with a maximum of £450 last month. HOWEVER, this month neither of us has won with the new rate of 4.65% - presumably this reflects the reduction in the number of smaller prizes!

Current prize odds are 21,000:1. Back in FY20-21 they were not too dissimilar at 24,500:1 and on a FH I only won once in the first 6 months, with 8 blanks in the year, although the odds had reduced to 34,500:1 by the end of that period.

Macsidia

£175 (25,50,100) for me this month on around £39.5K for me so I'm happy enough with that

2023 so far £1,100 including the big win back in June so it still keeps me around the average expected return.

3 draws remaining in 2023 so lets see what happens to then!

allsaint78

DJSINGH said:

RosieRooBear said:

Nikkster said:

DJSINGH said:

I put X amount of money into the bonds on 1st Sep. However, it says the first draw is November because you have to wait a full calendar month. Does it now make sense to withdraw and put back in around the end of September? In the mean time, I can earn interest on a current account. Have I understood right?

Actually, if you've not already withdrawn... I think they cancel the oldest bonds first? So the ones you just bought will still wait for the Nov draw.

I'm sure someone will correct me if I'm wrong (and apologies if that's the case)

You’re right, the oldest bonds get cashed first, but they do have an online form to request specific bonds to be cashed. I used it last month as I wanted to leave a £25 bond from 1985 in the draw (sentimental reasons, as it was one I had given to me in my younger years, although I’ve never won anything on it). It was very quick, requested withdrawal day after the draw and money was in my bank account two days later.

Thanks both. I had some that are eligible for October so I filled the form for the latter bonds. I wouldnt have found this if you both hadnt mentioned! It does say up to 8 days to clear though..!

I did this the other day as I wanted to withdraw winnings from 2021 - 2022 and was v quick. I requested the 14 blocks on the 3rd September the money was in my account today. 

BooJewels

Good luck everyone.

I've had 2 x £100 on £22k holding - that's 9 x £100 prizes in 2023, so I'm really glad they increased their numbers. 

It brings my rolling year return to 5.45% and an average return per draw, since I first bought, of £80.55 (£1,450 over 18 draws - including 5 months with nothing) - my holding has fluctuated over that time from £100 to the max for 5 draws, but been around £20k for most of this calendar year.