PREMIUM BOND THREAD

[Blondeshavemorefun]

tried to link this on old thread , but was 1000 :( so couldn’t

I didn’t win this month but did last month of £25 - let’s hope will next month :)

I'm new to premium bonds. I've only got £50 worth. I've decided that instead of playing the lotto I'm going to invest £25 4 times a year. Which is about how much I spent on the lotto. At least this way I get to keep the capital.

So for a millionaire win you would be notified on the last day of the month so 28th feb for the march draw? Any other prizes are drawn 1st of the month and notified fully by 2nd? So now I need to be checking me emails on the last day of each month for the biggee as I thought it all happened on the 1st of the month!

If you win the million you’ll get a letter with a number to call, there’ll be a specific person for you to contact. You won’t be notified by email.

Previous to Covid you’d get a visit from ‘Agent Million’.

Don’t bother to call CS, we are not allowed to tell you if you’ve won the million. 🙄

@Flambola

Previous to Covid you’d get a visit from ‘Agent Million’.

Don’t bother to call CS, we are not allowed to tell you if you’ve won the million. 🙄

I did wonder what had happened to Agent Million during these Covid times.

So they are relying on the Royal Mail then? Hmmm... Can't help thinking this might lead to unsuspecting millionaires as in most areas RM has been patchy and unreliable since Covid

@Pemba

So they are relying on the Royal Mail then? Hmmm... Can't help thinking this might lead to unsuspecting millionaires as in most areas RM has been patchy and unreliable since Covid

At least it gives me a hopeless excuse as to why they haven't informed me of my million pound win yet.

Not long till I'm in my first ever draw. I've mentally divided my million pound win between my family 😂.
Seriously though I'm sadly quite excited!

I hoping to have a win for March. Brought some more in jan so fingers crossed

Haven’t won this year yet :(

Been very Sparse of late, so hopefully better things this month!
Good luck all!

Fingers crossed for everyone

Think this will be my first draw! Exciting!

March will be my first draw too. Hoping for some good news, even though it is unlikely.

Well assuming I’m not the millionaire then as no visit

Are the prizes the same each month

Last month was
2 x million
5 x £100k
8 x £50k
18 x £25k
45 x £10k
90 ( I think. Eyes went squiffy) of £5k

Plus not sure how many of the £1k £500 £100 and £25

www.nsandi.com/get-to-know-us/monthly-prize-allocation

All the estimated prizes for March are shown here.

🤞🏼

🤞🏻 for this draw.

High value winners are announced on Monday, and all of the rest on Tuesday.

@DeathAndTaxis

🤞🏻 for this draw.

High value winners are announced on Monday, and all of the rest on Tuesday.

I kept looking today

Abs said Feb

Someone and £90 and won £5k

The NS&I premium bonds prize checker app says 3 days until next results on 2nd March; the high value winners are always released the day before on the NS&I website.

I was excited for the draw too but realised I haven't had mine for a full month!

Oh no Its, fingers crossed for you next month 🙂.

@ItsIgginningtolooklikelockdown

I was excited for the draw too but realised I haven't had mine for a full month!

Bless you. Next month

I’m not a big winner :(

So now the wait to see if win £25

Is this worthwhile? I've been thinking about putting a small amount in, a couple of thousand possibly, for the children. Is that likely to get a return? Or not worth bothering? Also, where do you go?

For a couple of thousand, you may or may not win. The odds of winning for different holdings are explained on monetsavingexpert.

www.moneysavingexpert.com/savings/premium-bonds/

If you want to save for DC, there are often special children's accounts that pay a little more interest than standard adult savings accounts, which pay pretty much nothing these days.

You're effectively gambling the interest for the chance of a better return.

For £2000 in a child's account you might get £50 a year interest and you probably won't win that amount in PBs, but there's a small chance you might.

Premium bonds are currently most advantageous for adults who have around £10k or more in savings that they don't want to risk on the stock market or lock away as you should get nearly the 1% payout rate, which is far more than the best instant access cash account rate of 0.5%.