Premium bond holders should prepare for more cuts to the prize fund rate this year, an expert has warned.The rate – which is ...

Premium Bonds are a savings product, but instead of getting a guaranteed rate of interest, you're entered into a monthly ...

Personal finance experts have warned "woes may continue" as rate cuts come in from National Savings and Investments, or NS&I, ...

This comes as Premium Bonds big winners will be cut, with fewer £100,000 prizes will be available from the April 2025 draw. The prize winning fund rate is being slashed from 4% to 3.80% say Premium ...

Premium Bonds are a unique savings product where instead of earning interest, savers are entered into a monthly prize draw for tax-free cash prizes.

NS&I has revealed a bumper net financing target of £12bn, which means it is looking to rake in more saver cash than the year ...

The Premium Bonds prize rate will drop to 4.4 per cent , from 4.65 per cent, in March. That means £30.1 million less paid out - with 72,022 fewer prizes. And I predict there will be more cuts as ...

Martin Lewis explained how most people will be financially worse off with money in Premium Bonds rather than using a Cash ISA ...

Analysis by money expert Martin Lewis found that the ‘interest rate’ on premium bonds accounts is 4 per cent when all winnings are considered – but notes most people won’t see anything ...

NS&I announced it will be cutting its Premium Bond prize rate to 3.8% from April. This is the second bout of bad news for Premium Bond holders in just a few weeks as the rate was slashed from 4.15 ...

The maximum you can have saved in Premium Bonds is £50,000 but one lucky person managed to scoop the £1million prize despite having just £100 saved ...