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Premium Bonds prize money to increase by 1.5%
National Savings & Investments has increased its Premium Bond prize fund rate to 1.5%. National Savings & Investments (NS&I) are to increase prize money on offer to Premium Bond holders next month by 50%. The prize fund payout rate will increase from 1% to 1.5% in October, taking the total payout for the Premium Bond draw from [...]
Continue reading...Biggest Premium Bond Winners Come from South West
2. September 2009
A recent survey discovers that the biggest Premium Bonds winnings are won by people living in the South West. Compared to the rest of the United Kingdom, the South West area seems to win more prizes in the range of 1,000 UK pounds in the span of one year. The National Savings and Investments agency [...]
Continue reading...National Savings and Investments for Premium Bonds
18. June 2009
National Savings and Investments is a government department, under the auspices of the Treasury, which offers a variety of savings and investment vehicles for ‘average’ consumers. Originally established in 1861 as the Post Office Savings Bank, NS&I has grown into one of the largest savings organisations in the world, with their most popular product remaining [...]
Continue reading...Premium Bonds Insights
5. June 2009
Source: Emma Tyrrell, yahoo.com The more Premium Bonds you hold, the better your chances of winning a prize. The numbers are picked each month by NS&I’s Electronic Random Number Indicator Equipment, affectionately known as Ernie. Every £1 has the same chance of winning a prize, so the more £s you invest, the better your chances. The minimum [...]
Continue reading...Primer on Premium Bonds
19. May 2009
Source: ThisMoney.co.uk The popularity of Premium Bonds has grown dramatically. Around 23m people hold Premium Bonds, which are issued by National Savings & Investments (NS&I). Every month more than a million prize-winning numbers are chosen at random and one bond-holder pockets £1m, down from two winners early in 2009. Other prizes range from around a million at [...]
Continue reading...Chance of winning £1 million on Premium Bonds halved
13. May 2009
Source: Emma Simon, telegraph.co.uk National Savings & Investments, which runs Premium Bonds said this money would be used instead to offer a range of smaller prizes, including a new £25 payout. Until now the smallest prize had been £50. This is the first time in four years that NS&I has altered the prize structure of Premium Bonds. About [...]
Continue reading...Home Business Saves Money
20. November 2008
The entrepreneurial spirit grips us all at one time or another. In answer to it, several home-based businesses are started each year. Usually this is a beginning measure, but home businesses do not have to morph into brick and mortar enterprises to be viable. Actually, home-based businesses save the business owner money in the long [...]
Continue reading...What are Premium Bonds?
15. August 2008
The premium bond is something unique to the United Kingdom. Generally, a normal bond is a debt security, similar to an I.O.U. When you purchase a bond, you are lending money to a government, municipality, corporation, federal agency or other entity known as the issuer. In return for the loan, the issuer promises [...]
Continue reading...Can Non-British Purchase Premium Bonds?
14. August 2008
Premium bonds is the most unique way of saving money in Great Britain . In increments from a hundred pounds to up to thirty thousand pounds, the government will secure your money. The government will use your money for civil projects and in return, the bond numbers on your bonds will be put [...]
Continue reading...Bizarre Trivia about Premium Bonds
20. May 2008
Premium bonds marked their fiftieth anniversary in November 2006. They have been the most popular form of investment in British history. Premium bonds are bought and kept by over 40% of Great Britain’s populations. Where traditional investments yield a small return over time, premium bonds yield no return at all but give the [...]
Continue reading...Conspiracy Theories about Premium Bonds
20. May 2008
As with most things that are concerned with the government, conspiracy theories are generated to prove or disprove unfairness between two parties or plots to hurt the population. Premium bonds are not isolated from these kinds of attacks. Conspiracy theorists have accused the National Savings and Investments agency of defrauding the public [...]
Continue reading...Why Investing in Premium Bonds is a Smart Choice
20. May 2008
Most people invest their money in savings bond or the stock market. Premium bonds are a good way to invest your money and have fun at the same time. Most savings plans give you set interest rates overtime and unless you have a lot of money invested, it really doesn’t make that much [...]
Continue reading...Premium Bonds VS Savings Accounts
20. May 2008
There is controversy about premium bonds and if they are really worth the investments. If you calculate the odds of winning per bond and the interest rates for regular savings accounts, the argument could go both ways. On the positive side a premium bond gives the saver a chance to win over a million [...]
Continue reading...Are Premium Bonds Worth The Investment?
20. May 2008
Premium bonds are becoming more popular everyday. Millions of people are investing in these bonds and some are questioning if they are really worth it. Premium bonds were introduced in 1956 as a way to get the public to invest into the British Government. This was set up like a lottery so [...]
Continue reading...Facts about Premium Bonds
20. May 2008
Premium bonds are the British answer to the need for savings and the fun of gambling. Each bond you buy will have a specific number. The number of the bond is put into a numbers generating machine and monthly thousands of numbers are chosen randomly to receive a cash prize in lieu of [...]
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9. October 2009
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