Premium Bond Winner ?

Karrlas

First time reporting.

£325 over 4x bonds(£100x3 £25x1) on a £44.9k holding.

RedImp_2

4x £100 so decent start to the year

arthurdick

 On max holding I had my first no win month but I think i have had a good run so far, so I am not too disappointed.


March £75
April £350
May £425
June £225
July £150
Aug £300
Sept £325
Oct £100
November  £400
December  £250
January  £0

1spiral

Prize fund dropping to 4.4% from 4.65% from March draw.

https://www.nsandi.com/products/premium-bonds

Swipe

1spiral said:

Prize fund dropping to 4.4% from 4.65% from March draw.

https://www.nsandi.com/products/premium-bonds

Maybe my luck will improve now :P

Macsidia

1spiral said:

Prize fund dropping to 4.4% from 4.65% from March draw.

https://www.nsandi.com/products/premium-bonds

Looks like anticipating a BoE drop to 5%

justwantedtosay

To save you working it out. If you have a full holding and 'average luck' the drop in rate should mean 2 more £25 wins a year but 1 fewer £50 and 1 fewer £100. £500 or £1,000 wins will be slightly fewer and further apart, roughly one in 33 months rather than 31, and you'll still never, ever win anything better than £5,000 and probably not even that - though obviously people do, but only those with better than average luck. So in the years you don't win a prize of more than £100, which is most years, you 'should' now win £1,750 (3.5%) rather than £1,850 (3.7%). That's the figure to base estimations of your luck on. It's bad news for me, I've still never had an above average month, best ever was £150.

Eirambler

Macsidia said:

1spiral said:

Prize fund dropping to 4.4% from 4.65% from March draw.

https://www.nsandi.com/products/premium-bonds

Looks like anticipating a BoE drop to 5%

It's more that they raised far too much cash with their stupidly overly generous one year bond in the autumn and now they need to cut PB rates to balance out closer to their annual target. It won't relate to any kind of interest rate change forecast.

jaceyboy

£100 win from £9k

polymaff

To an investor, worth somewhat less  than 3.5% directly, 4.4% to a 20% taxpayer, 7.3% to a 40% taxpayer.  The smaller the holding the lower will be the return.