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Review of National Savings and Investments Premium Bonds

Excellent

“PREMIUM BONDS - Updated”

published 06/01/2003

Something for everyone no matter how small

Perhaps not exciting these days

...Premium Bonds have had a varied reputation. Born against considerable political opposition, they have now been around for fifty years. In some eyes they are considered ?naff? ? something that used to be given to the kids for christening presents, but which are now ?old hat?, boring, expensive. However they are one of the secret weapons of the successful entrepreneur. Premium Bonds are...

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Review of National Savings and Investments Premium Bonds

Satisfactory

Risk free lottery

Return relies on having "average luck"

...checker on it for your bond numbers if you suspect you may be due one of those prizes, and I duly typed in mine once my parents had relinquished the bonds to me to see if there were any unknown prizes lurking out there. Needless to say, I had won nothing. In the 27 years that I have held Premium Bonds (or 327 monthly draws up to the time of writing), I have not had a single penny back on the investment...

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Review of National Savings and Investments Premium Bonds

Excellent

£1 million jackpot, over 500,000 prizes per month, chance to win every month, prizes tax free

Must buy a minimum of £100 each time,each bond must be held for a month before it is entered continually

...THE BEGINNING: I chose to invest in premium bonds for university, namely because of the decrease in interest rates. Also, my building society account was offering very little return and was so hugely inaccessible and was ran by some idiots who could never put money into my account without damaging the paying in book and each time I had to wait for a new one to be sent in the post. Consequently...

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