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Where's the premium bonds thread?

999 replies

SouthWestmom · 03/10/2017 07:02

Checked TIO to see if anyone had won and it's vanished!! Surely it isn't contentious 😂

OP posts:
Dinosauraddict · 03/09/2019 14:38

Hi all, joining you for the first time! I won £50 this month, and £75 last month, both on maximum holding...

FAQs · 03/09/2019 14:40

Nothing but only on £2.2k

wizzler · 03/09/2019 23:01

£75 this month. Not life changing but better then last month!

TooMuch87 · 04/09/2019 02:49

Nothing for four months now on £21,000.

FiveShelties · 05/09/2019 07:15

25 for me on 18,500. First win for three months so better than nothing!

Whatthefoxgoingon · 05/09/2019 09:14

Another princely £50....

Pops1985 · 05/09/2019 15:26

So glad to have found you all. 30k invested for the last 4 months have won 2 x £25 every month, and 3 x £25 this month. Have decided to invest another £5k to see if I can get to the million! One can only hope (I’m on mat leave and broke!).

Also thanks for the info about the app, I didn’t know it existed. Will be obsessively checking now...

FAQs · 05/09/2019 15:58

You have £35k and broke?

blue25 · 05/09/2019 23:25

£50 this month on 20k

TooMuch87 · 02/10/2019 00:08

2 x £25 on £22k

Dinosauraddict · 02/10/2019 05:54

£100 on maximum holdings

MakeTeaNotWar · 02/10/2019 06:08

£25 win here

SouthWestmom · 02/10/2019 06:33

Nothing on £2300

Not sure whether to top up to £5k or stick it in an isa.

OP posts:
ShirleyB50 · 02/10/2019 09:08

Zero on £10,000 for the second month on 'new' holdings. Sad

BarbaraofSeville · 02/10/2019 09:45

Nothing here this month. I hope last month's £25 win was not a one off.

Noeuf You need to think about your attitude to risk. If you put £5k in an ISA or other savings account and you're below the personal savings allowance and you got 1.5% interest, that's a guaranteed £75 per year in interest.

So you would need to win at least 3 £25 prizes per year to match the interest. But chances are, on a £5k holding, you'll win nothing, or 1 or 2 prizes a year - most people on significantly less than the maximum holding win little or nothing.

But there's a small chance that you'd win significantly more - and you'd only need 1 x £100 per year to get a better interest rate, so it's a gamble, albeit a low risk one. After all you can get all your money back instantly/fairly quickly whether in cash or PBs and there's no risk of the absolute value decreasing, unlike shares etc.

I currently have £10k in PBs and I think I've decided to leave it at that level for the next few years and put money in an ISA instead - it's a vague mortgage overpayment (our mortgage rate is 1.1% so no point overpaying) pension boost/retirement strategy as I should have a reasonable amount of spare income available.

When I have enough in an ISA to top up my PBs to the maximum £50k or close to, I might transfer a lump across. So then I should get close to the average 1.4% prize fund rate, so the average percentage loss should be much smaller.

But I'm also thinking about a stocks and shares ISA, so obviously I need to be prepared to leave whatever I put in there for the long term, so I need a reasonable amount of cash savings first.

InMySpareTime · 02/10/2019 11:05

£25 again this month, we have PBs for instant access savings (for a new car when the current 10 year old one packs in), and longer term savings in all share tracker funds. We're also starting up a LISA for DC just turned 18, to help with a house deposit when the time comes.

FAQs · 02/10/2019 11:44

£25 this month

Whatthefoxgoingon · 02/10/2019 12:12

£200 for me which is rare!

Current return rate is 1.1%

Hepzibar · 03/10/2019 07:40

£25 on maximum holding.

DH 2x£25 on £40k

Madbengalmum · 03/10/2019 17:55

Nothing again on max holdings, useless!

Whatthefoxgoingon · 04/10/2019 18:01

Madbengalmum

What sort of return have you had so far this year? I’m not really getting the advertised rate either.

Still 2 months left to turn it around!

BarbaraofSeville · 04/10/2019 21:42

It's not an advertised rate, it's an average payout including the big winners although if you have the maximum holding it should be close.

However most people do get less and you should consider it as a gamble of the interest you would get in a best buy savings account.

Have a look at what money saving expert has to say about PBs.

Whatthefoxgoingon · 05/10/2019 13:45

Yes Barbara I realise that it’s an average. Should’ve been more accurate in my post. I don’t think I’m near the average though sadly.

Notwatchingtvtoday · 08/10/2019 20:46

I had £25 last month on a £100 😀 I was rather surprised

Itis6oclocksomewhere · 01/11/2019 10:30

One of November's winners is in Norwich. Sadly not me! I rang my mum to see if it was her, but no. Oh well, fingers crossed for reveal day!