Tag Archives: Premium Bonds

Premium Bonds – A good investment?

Premium Bonds – A good investment?

Premium bonds are an incredibly popular savings vehicle with over 21 Million bond holders and around £72 Billion ‘invested’. And yet, they really aren’t a savings vehicle at all. There is no interest rate although NS&I provide a guide ‘return’ of 1.4% (effective from 1st December 2017). But this return is in the form of […]

NS&I Budget announcement

In the Budget announcement yesterday (Wednesday 19 March), the Chancellor outlined plans for National Savings & Investments (NS&I) to help support savers. Firstly, NS&I will launch a special issue of a market-leading savings bond for people aged 65 and over which will go on sale during the final quarter of the financial year (January 2015), […]

The Premium Bond Prize Pot Rises by 50%

NATIONAL SAVINGS Synopsis: The Premium Bond prize rate has jumped, but it is still meagre… It is probably just a coincidence that in the week that the Office of National Statistics announced a record £16.1bn of public sector borrowing for August, National Savings & Investments (NS&I) revealed improved terms for Premium Bonds. We commented in […]