All the updated news related to premium bonds

All the news related to premium bonds updated in real time

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Personal Finance

Odds of winning Premium Bonds prizes improve

Millions of pounds more in Premium Bonds prizes will be up for grabs from next month, in a boost for 22 million savers. Treasury-backed savings giant NS&I said it will increase the prize fund rate from 1.40% to 2.20%, adding an expected £76 million ...

27 Sept 2022 at 13:17

Personal Finance

Premium Bonds prize fund rate to increase

NS&I’s Premium Bonds prize funds rate is to become more generous, with savers having the chance to win an additional 1.4 million tax-free prizes each month. The Premium Bonds prize fund rate will increase from 1.00% to 1.40% from June 2022. The ...

24 May 2022 at 11:55

Personal Finance

65 facts about Premium Bonds

NS&I has released 65 facts about Premium Bonds to mark 65 years since the first prize draw: 1. The first Premium Bond was purchased by the then lord mayor of London, Alderman Sir Cuthbert Ackroyd, on November 1 1956. 2. The second Premium Bond ...

01 Jun 2022 at 01:01

Personal Finance

NS&I celebrates 65 years since first Premium Bonds prize draw

The first Premium Bonds prize draw was held 65 years ago – with the top prize on June 1 1957 being £1,000. Ernie (Electronic Random Number Indicator Equipment), the machine that generates the winning numbers, has now paid out more than 562 ...

01 Jun 2022 at 01:01

Personal Finance

More life-changing Premium Bonds prizes up for grabs from January

Premium Bonds customers are set for a new year boost, with an extra £80 million in prizes up for grabs from the January prize draw. Provider NS&I said the prize fund rate will increase from 2.20% to 3.00%, with more opportunities to win ...

13 Dec 2022 at 13:06

Personal Finance

Premium Bonds odds set to improve to best level in more than 15 years

Premium Bonds odds will improve to the best level seen in more than 15 years from September, savings giant NS&I (National Savings and Investments) has announced. The odds will improve to 21,000 to one, from 22,000 to one previously – ...

08 Aug 2023 at 11:45

Personal Finance

NS&I to cut Premium Bonds prize rate, with fewer big money prizes

Fewer big money prizes will be available in NS&I’s Premium Bonds prize draw from March. One finance expert described the announcement as “the biggest sign yet” that a rates bonanza enjoyed by savers in recent months is coming to an ...

11 Jan 2024 at 13:32

Personal Finance

NS&I announces Premium Bonds prize boost and hikes savings rates

The number of Premium Bonds prizes worth £50 to £100,000 will increase from next month’s draw, according to savings provider NS&I. The Premium Bonds prize fund rate will increase from 3.00% to 3.15%, effective from the February ...

24 Jan 2023 at 11:32

Personal Finance

More life-changing prizes added to Premium Bonds draw from March

More life-changing prizes will be added to the Premium Bonds draw from March. Savings giant NS&I said the Premium Bonds prize fund rate will increase to 3.30% from the March 2023 draw, from 3.15%, meaning about £15 million ...

14 Feb 2023 at 11:38

Personal Finance

More big-money prizes added to Premium Bonds from July

Premium Bonds holders will have more chances to win big-money prizes from July. The Premium Bonds prize fund rate will reach a 15-year high from the July prize draw, increasing to 3.70% from 3.30%. Savings giant NS&I, ...

20 Jun 2023 at 12:03

Personal Finance

NS&I overshoots net financing target after bonds attract £10bn of investment

NS&I overshot its target for net financing to the Government in 2023/24 after savers did not withdraw their cash as quickly as anticipated. One finance expert suggested the provider may now be tempted to be more ...

30 Jul 2024 at 12:50

Personal Finance

Premium Bonds’ winning odds will worsen from December draw

The odds of winning Premium Bonds will worsen from the December draw and some savings rates will be chopped by NS&I in what it said is a response to a “changing savings market”. The Government-backed provider ...

22 Oct 2024 at 11:46

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