A reader who loves his premium bonds asks why anyone would risk their money on the stock market. Our financial agony aunt ...
Premium bond holders should prepare for more cuts to the prize fund rate this year, an expert has warned. The rate – which is ...
Premium Bond holders may see their chances of winning a prize dip with one expert warning that NS&I will cut rates again.
Millions of Premium Bonds holders have been warned ahead of a change. Financial experts have explained that additional cuts could be on the horizon as NS&I plans to tweak another rate. Sarah Coles, ...
Savings giant NS&I recorded a bumper net inflow of £5.5 billion between October and December 2024, leading one finance expert ...
The Treasury-backed provider is set a net financing target, which for the current financial year is £9 billion ...
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.
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 Bond savers have been warned of further cuts to its prize fund rate. The prize fund rate - which is the closest thing Premium Bonds has to an interest rate - is being reduced from 4.00% to ...
This has led one finance expert to suggest that more Premium Bond cuts could be forthcoming. The Treasury-backed provider has a net financing target for the current financial year of £9 billion ...