Premium bond holders should prepare for more cuts to the prize fund rate this year, an expert has warned. The rate – which is the closest thing premium bonds have to an interest rate – is being ...

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, ...

Financial experts have cautioned that "woes may continue" due to rate reductions from National Savings and Investments ...

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 ...

NS&I Premium Bonds prize fund was cut from 4% to 3.8% from April - and financial experts have warned that further cuts could ...

Expert from Hargreaves Lansdown said 'Sadly for bond holders, it means this is unlikely to be the last of the cuts to the ...

Premium Bond holders could be hit with even deeper cuts, as fears grow that NS&I will slash rates yet again—on top of the ...

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.

Savings giant NS&I recorded a bumper net inflow of £5.5 billion between October and December 2024, leading one finance expert ...

Net financing considers incoming funds, including deposits and interest, against outgoing money from withdrawals and interest ...

The Treasury-backed provider is set a net financing target, which for the current financial year is £9 billion ...