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.

 

[biggs682]

£275 extra in the kitty this month thanks to Ernie

 

[Chislenko]

£150 for me
£150 for Mrs. C.

The prize fund drops again from January so "Slim Pickins" may become the order of the day.

 

[mistyoptic]

£100 here between us

 

[Mike_P]

Third blank month in a row

 

[Paulus]

£100 for me this month.
I've done well this year, £2600 in total, a prize every month.
I do have the maximum amount in there, so that is just over a 5% return.

 

[sevenfourate]

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.

I sold a car for £15k a couple of years ago.....and having no particular plans for the money: 'invested' it in some Premium Bonds. Again; like you - kind of seeing it as a chance in a Lottery. But of course also hoping for a return ! I think i won 1 x Solitary £25 in something like 14 or 15 months.

At that point i withdrew it. I do now have something approaching the max limit of Premium Bonds; i'm looking to put into something else. Needless to say 'that' experience has put me off. I saw the pay-out % has just been reduced too.....

 

[vickster]

£325 for me
£375 for my mum 👍🏻

I'll need to figure out the annual returns.

Apparently also, there's £150 unclaimed from May 24 for my dad's estate, will need to ask solicitor.