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Original poster

To think this is great but can't be right (Premium Bonds )

81 replies

Eeepsh · 02/08/2024 16:11

We were left some money and so bought £5,000 in Premium Bonds last September. We had nearly £1,000 already so total was just under £6,000.

So, in the last year we have won a total of £1,925 (inc this August) which is a % return of about 30%.

It's amazing, obviously, but can't be normal can it? 😂

Hope I haven't jinxed it now

OP posts:
Tel12 · 02/08/2024 16:23

Our return is currently 4%. Obviously not everyone's getting 30! Live in hope!

Brefugee · 02/08/2024 16:20

Eeepsh · 02/08/2024 16:11

We were left some money and so bought £5,000 in Premium Bonds last September. We had nearly £1,000 already so total was just under £6,000.

So, in the last year we have won a total of £1,925 (inc this August) which is a % return of about 30%.

It's amazing, obviously, but can't be normal can it? 😂

Hope I haven't jinxed it now

years ago my dad was looking into investments, and his financial advisor said to put the maximum in premium bonds because the average rate of return was way better than any APR they would get with the potential for a lot more.

And boy did it work - over about 15 years he got 3 really big prizes.

Mousefoot · 02/08/2024 16:20

I have £50k and have a return of nearly 4% so far this year, which I'm very pleased with, tax free. You've been very lucky 🙂

Sunshine187 · 02/08/2024 16:19

I have 15k in and won nothing 😒 is this also normal for some people?

Original poster
Eeepsh · 02/08/2024 16:18

Draw day is fun isn't it? Is it sad that I know my holder number by heart!!

OP posts:
Bundtbake · 02/08/2024 16:16

I've won far more money on mine than I could have made in any savings account.
I have £22,500 and win at least £50 per month, some months £100 and intermittent £200, £300 and a couple of £500’s!
I love draw day 😊