Premium bonds - weird coincidence

[geocycle]

Five months of nothing! Mrs G however is buying the tea tonight.

 

[glasgowcyclist]

Nothing fir the second month running

Five months of nothing! Mrs G however is buying the tea tonight.

Pfft, a couple of months? Try over four years! 🤬

 

[MontyVeda]

feck all again

 

[Zanelad]

First draw Saturday following my recent purchase of Premium Bonds. £575. Lovely.

 

[Flick of the Elbow]

I’ve read that the effective % return you get on PB’s is determined in large part by how many of them you have. But I have nearly £40k of them, not far off what I believe is the maximum, and yet I am still only getting somewhere between 2 and 3% on them, over the course of the 12-24 months. I believe the maximum is £50k. If I topped mine up to this level would I notice any difference on my % return ?

 

[Mike_P]

I’ve read that the effective % return you get on PB’s is determined in large part by how many of them you have. But I have nearly £40k of them, not far off what I believe is the maximum, and yet I am still only getting somewhere between 2 and 3% on them, over the course of the 12-24 months. I believe the maximum is £50k. If I topped mine up to this level would I notice any difference on my % return ?

Should increase your chances but still your bonds are a tiny number in overall amount.

 

[Gwylan]

Well our ROI remains favourable, not great.
A decent pub lunch for 2 this month.

 

[bikingdad90]

I’ve read that the effective % return you get on PB’s is determined in large part by how many of them you have. But I have nearly £40k of them, not far off what I believe is the maximum, and yet I am still only getting somewhere between 2 and 3% on them, over the course of the 12-24 months. I believe the maximum is £50k. If I topped mine up to this level would I notice any difference on my % return ?

If you are not investing a decent amount then it isn’t worth bothering in my opinion. I’ve got sub £10k and haven’t won anything for the last 12 months but that’s ok as I have other revenue streams that I treat it like a lottery.