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Premium Bonds

PinkDalek
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Re: Premium Bonds

#284967

Postby PinkDalek » February 17th, 2020, 3:52 pm

From the same source but also here https://www.nsandi.com/income-bonds:

Income Bonds reducing to 0.70% gross/0.70% AER (from 1 May 2020).

Oh dear indeed.

Bouleversee
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Re: Premium Bonds

#284968

Postby Bouleversee » February 17th, 2020, 4:00 pm

So the govt. doesn't want to borrow our money which must mean serious tax hikes as they are going to need loads to finance all their expensive projects, flood damage, etc etc.

Laughton
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Re: Premium Bonds

#284989

Postby Laughton » February 17th, 2020, 5:32 pm

Or they figure that it won't make any difference to the number of people "investing" in Premium Bonds so why pay more than they need to.

I don't suppose I'll be selling any of mine.

yorkshirelad1
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Re: Premium Bonds

#285025

Postby yorkshirelad1 » February 17th, 2020, 8:03 pm

XFool wrote:Oh dear!

Blow for 21million Premium Bond holders as NS&I wields the axe - with HALF as many people winning £50 and £100 prizes from May

This is Money

We will have to see what the effects are for the £25 prizes. More details here:

The cuts reduce the effective prize fund rate of Premium Bonds, which do not pay interest, to 1.3 per cent a year, and the odds of any one bond winning a prize from 24,500 to 1 to 26,000 to 1.

Expected return on maximum current holding now 1.15%

(12 * 50,000/26,000) = 23.08

23 * 25/50000 = 1.15%



Here's the full announcement from NS&I
https://nsandi-corporate.com/news-research/news/nsi-announces-reduction-interest-rates

EssDeeAitch
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Re: Premium Bonds

#288147

Postby EssDeeAitch » March 3rd, 2020, 6:44 am

My Premium Bonds have performed much better than my investments this month. I won £25 on a £31k holding :shock:

Bouleversee
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Re: Premium Bonds

#288210

Postby Bouleversee » March 3rd, 2020, 12:58 pm

3 x £25 for me on £50k.

ReformedCharacter
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Re: Premium Bonds

#288213

Postby ReformedCharacter » March 3rd, 2020, 1:16 pm

Not a bad result this month - 6 x £25 and 1 x £50 on a £50k holding.

RC

Mike88
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Re: Premium Bonds

#288225

Postby Mike88 » March 3rd, 2020, 1:54 pm

Zero again for me on £23k.

terminal7
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Re: Premium Bonds

#288275

Postby terminal7 » March 3rd, 2020, 5:14 pm

3 x £25 and 1 x £25 on £100k (OH included) - par for the course.

PinkDalek
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Re: Premium Bonds

#288342

Postby PinkDalek » March 3rd, 2020, 11:16 pm

4 x £25 this month, full holding, March 2020:

https://www.nsandi.com/prize-checker

It is neck and neck, going down to the wire.

AleisterCrowley
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Re: Premium Bonds

#288708

Postby AleisterCrowley » March 5th, 2020, 1:39 pm

Meh. £25 on c £13k
Better than a kick in the whatevers, but retirement is no nearer -particularly as my equities haven't done too well over the past fortnight :(

flyer61
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Re: Premium Bonds

#288730

Postby flyer61 » March 5th, 2020, 3:20 pm

2 times 40K one £25 and 3 x £25 so a grand total of £100!

langley59
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Re: Premium Bonds

#288749

Postby langley59 » March 5th, 2020, 4:46 pm

5*£25 = £125 for March across £100k (£50k each spouse). Returns of 1.4% and 1.2% overall in 2019. Did hit a £50k prize in 2017 so still content to hold as you never know.

Bouleversee
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Re: Premium Bonds

#296728

Postby Bouleversee » April 1st, 2020, 8:28 pm

Fantastic! I have just heard I've won £100k. What a relief now all my divs. are being axed and my shares have devalued horrendously. Perhaps my luck has finally changed.

PinkDalek
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Re: Premium Bonds

#296729

Postby PinkDalek » April 1st, 2020, 8:31 pm

Bouleversee wrote:Fantastic! I have just heard I've won £100k. ...


Is it before 12 noon where you are?

Bouleversee
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Re: Premium Bonds

#296730

Postby Bouleversee » April 1st, 2020, 8:31 pm

I wish! No it hasn't. April Fool!

I'll think myself lucky if I get a £25 prize. Good luck everyone.

Bouleversee
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Re: Premium Bonds

#296731

Postby Bouleversee » April 1st, 2020, 8:33 pm

Oh dear! Does one have to do it before Noon? If I knew that I'd forgotten, which won't surprise you. Oh well, I was just trying to raise the odd smile in these grim circs. Back to counting the divs. I won't be getting.

PinkDalek
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Re: Premium Bonds

#296746

Postby PinkDalek » April 1st, 2020, 9:36 pm

Smile raised. :D

PinkDalek
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Re: Premium Bonds

#296900

Postby PinkDalek » April 2nd, 2020, 10:44 am

£75 full holding, TYTD to be established.

https://www.nsandi.com/prize-checker

Bouleversee
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Re: Premium Bonds

#296913

Postby Bouleversee » April 2nd, 2020, 11:07 am

ditto.


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