Premium bonds - weird coincidence

[sevenfourate]

Removed all of my Premium Bonds 2 months ago; as the return / win rate was truly horrific - for a reasonable amount of bonds held.

Just had my interest from the first full month of the Savings account i re-invested it in - and got just under £55.00 back. With interest rates going up; looks like that kind of return might be set for some time. More than happy with that.......

 

[Tenkaykev]

Got rid of half my PBs last month, still got my best ever return of £125!
1x £25
1x £100 😃

I'd not considered the prize qualification criteria and always thought that if you cashed in you were immediately removed from the prize pool. That's interesting to know.

 

[Chislenko]

£200 for me today.
£175 for Mrs. C.

Can't complain.

 

[Mike_P]

£50 on its own rather than the normal 2 X £25

 

[mistyoptic]

£175 between Mrs Optic and I

 

[Jenkins]

A total of £200 this month (£100, £50 & 2 x £25) which will do very nicely.

 

[ColinJ]

I'd not considered the prize qualification criteria and always thought that if you cashed in you were immediately removed from the prize pool. That's interesting to know.

From the half that have NOT been cashed in?

 

[colly]

Nowt.

 

[SpokeyDokey]

Sold all of ours a while back as they were under-performing.

Our best fixed rate ISA (amongst our current holdings) at the moment would return £2625 pa for the maximum holding of £50k in PB's.

With the BoE rate rise today we hope to better the 5.25% above when another ISA we have matures very shortly.

I still view PB's dimly.

 

[oldwheels]

I’m not despondent yet, despite getting nowt this month. Mrs Tenkaykev always waits for the email to drop into her inbox so we might have won 🤞

I checked my January ones and was told I had got nothing but a few days later got an email telling me I had £525. Genuine as it did appear in my bank a/c.

 

[vickster]

I checked my January ones and was told I had got nothing but a few days later got an email telling me I had £525. Genuine as it did appear in my bank a/c.

Jan results didn’t get published until a few days into the month

 

[JB052]

Just had my interest from the first full month of the Savings account i re-invested it in - and got just under £55.00 back. With interest rates going up; looks like that kind of return might be set for some time. More than happy with that.......

I'm thinking of doing the same, can you give an indication of where you re-invested?

 

[Tenkaykev]

I'm thinking of doing the same, can you give an indication of where you re-invested?

Lucky Lady in the 3:15 at Kempton Park 😉

 

[vickster]

Removed all of my Premium Bonds 2 months ago; as the return / win rate was truly horrific - for a reasonable amount of bonds held.

Just had my interest from the first full month of the Savings account i re-invested it in - and got just under £55.00 back. With interest rates going up; looks like that kind of return might be set for some time. More than happy with that.......

Don’t forget to tell the taxman

 

[vickster]

I'm thinking of doing the same, can you give an indication of where you re-invested?

Money saving expert will give an idea of the best rates (easy access or fixed term)
Eg https://www.moneysavingexpert.com/savings/savings-accounts-best-interest/#easyaccess