AIBU to have expected to win

[princesstiasmum]

I have had premium bonds since they first came out,i have never won a penny, surely in all this time i should have won at least once
Are the older ones still in the draw,?
I have always updated change of addresses etc
I would like to buy more, but this is putting me off

DF had a win a few months ago with his very old premium bonds.

£300 it was and he gave each of his 4 GC £50 each of it and £50 to me bless him

I have some (bought for the then child me by DPs) but not won anything.

I’m waiting for my big win. I have £100 invested!

My in laws put into the kids every birthday. I dont mind, i think there was a small win on one. TBH I feel sad that the kids dont get any form of actual present instead at their age, they are too young to understand , but it'll be great when they are older

I only have a few hundred in there but win 25 quid a few times a year. It's not a lot but it's still more than I would have

Admittedly i only bought 3 as only £1 each at the time, that was 1961 i think, but bought another £100 since, but having them 55 years you would think i would have won something,
Had only a very small income then and 1baby, but i do suspect the old ones dont have much chance,
I will check though
Waiting for the Post code lottery too, part of our town won about 4 years ago, not my part though,
I am also in a local hospice lottery,only ever won a couple of tenners,
My daughter joined after me, and won£2000 after 1 month

I have £100. Had them for 11 years. Won 35 the other week which was a surprise because you don't normal get anything with low bonds

Well just checked, nothing,i dont think i will bother getting any more,and cant afford thousands of pounds,

We’ve got £3k in and often get cheques for £25.

My poor old Fil asked me to check on an old one he had when he was a boy. Had convinced himself that it must have been very valuable by now. It hadn’t won a thing.

I won 1000 once and also 50 and 25

Have 2 dsis who were brought them by the same person at the same time who haven't won anything

My parents both have the maximum amount (60,000 I think) and they win £25 two or three times a month. I have £3k and have won £25 once in ten years

I have £20,000 and "win" £25 every month, without fail....

Except that my money is in a Santander 123 account (1.5% interest)

Seriously, all this talk of 'winning' small amounts is misleading - premium bonds are really just a form of unreliable savings account!
As a PP said - read the MoneySavingExpert view on them: www.moneysavingexpert.com/savings/premium-bonds/

The only possible reason for having them is the thrill and excitement at the thought that you have a minuscule chance of winning a big prize.

Wizard - if you've exhausted savings options elsewhere then they might be a safe place to save cash, also winnings are tax-free and your money is 'safe' in the sense it is backed by the government.

Might not be the case now interest rates are lower, but it has previously been said that, mathematically, there is a better chance of winning a million by putting your money in the best available savings account and spending some of the interest earned on lottery tickets.

Despite having almost maximum investment we often only get £25 each but sometimes get several x £25.
I'd be very happy with one of the medium prizes £10-£100k

Agree with others suggesting you check out Money Saving Expert.

This has reminded me that my grandprents bought me some in the 70s and I have never checked the numbers. I bet there isn't a fortune waiting for me!

DP had some from the 60s and found them recently - he'd won £50 around 1969 so was hopeful there'd be a couple hundred quid winnings.
Not a sausage.

I have about £15k worth. In five mònths I have won £1050! Very lucky.

wonder you actually 'win' £20 per month with Santander as the account fees are £5.

Wonder - the premium bond rate is 1.4 and you could win something big. With interest rates so low, why not give it a go?

I have a grand total of 26 premium bonds, all dating back to the late 60s, given to me as a baby.

I still have the original "bond" certificates, one with my grandmother's handwriting on (they don't issue them any more).

I will never get rid of them, because it's sentimental more than anything, and £26 buys sod all.

But in 51 years I have won......precisely NOTHING.

I have had a tenner's worth since I was a baby and once won £25 on them. I later bought a further £100 and won 4x£25 so doubled my money - but that has been over 6 years or so So not exactly a great return! I managed to find a list once of the winnings and it showed how many bonds each winner held, it really was mostly people with the max bonds who won the significant amounts.

tart

As well as the interest, you also get cashback on bills which is more than £5 pm for most accounts. Our bills are comparatively low and we get about £4.50 cashback each month.

You can only pass on premium bonds for one year?! Wow, I was going to leave my sister £1000 in premium bonds, may have to look at sorting something out there. Mind you, I'd had them since 2001 and no wins yet!