Premium bonds - weird coincidence

[Arjimlad]

My grandparents bought about £15 worth of premium bonds for me in 1972.

I have never had any sort of prize at all. Checked, registered etc, nothing.

 

[biggs682]

That’s unusual but I do get £25 or £50 most months

Same here , much better than interest rates or old steel road bikes

 

[ColinJ]

That’s unusual but I do get £25 or £50 most months

Similar for my sister. She bought the maximum holding once bank interest rates dropped below the average return on PBs.

 

[Chromatic]

My grandparents bought about £15 worth of premium bonds for me in 1972.

I have never had any sort of prize at all. Checked, registered etc, nothing.

I remember seeing once that the lowest holding to win the million was £17, so I had a google to see if I remembered correctly and I did. I found this page which makes reasonably interesting reading if you are a bond holder.
https://www.which.co.uk/news/2018/0...-the-biggest-wins-with-the-smallest-holdings/

 

[Arjimlad]

I remember seeing once that the lowest holding to win the million was £17, so I had a google to see if I remembered correctly and I did. I found this page which makes reasonably interesting reading if you are a bond holder.
https://www.which.co.uk/news/2018/0...-the-biggest-wins-with-the-smallest-holdings/

Interesting, maybe time to buy some more. Thanks

 

[Dave 123]

The past 6 months has been quiet after monthly £25’s

 

[winjim]

50k

Good return then, 2%+

I put a few quid in a couple of months ago, after reading something on here.

After yesterday's announcement of the huge interest rate drops in their Income Bond Account I might just put that money into PBs too.

I would be happy with a similar return to vickster's 2%.

Like you I have the maximum invested, and over the last year I have had £225 back, so not a bad return.

Am I missing something? 2% of 50k is a grand. £225 is 0.45%.

 

[Jenkins]

£700 in prizes so far this year on the maximum £50k investment. All spent frivolously .

 

[potsy]

Am I missing something? 2% of 50k is a grand. £225 is 0.45%.

You are of course correct.

I was meaning vickster's level of return for a much reduced stake

 

[potsy]

The upcoming October draw will be the first since I put a decent amount in, previously it was only a few hundred bonds.

 

[winjim]

You are of course correct.

I was meaning vickster's level of return for a much reduced stake

Ah, right. I thought my maths brain was malfunctioning or something.

 

[Sterlo]

Am I missing something? 2% of 50k is a grand. £225 is 0.45%.

Oops, that was me trying to be clever

 

[vickster]

Another £50 this month 👍

 

[Electric_Andy]

I had £500 in for a year, didn't win anything so withdrew it in disgust

 

[vickster]

I had £500 in for a year, didn't win anything so withdrew it in disgust

Oh well, hopefully you found somewhere else for it with some interest 👍
I’m not sure how it works with small invstments as the minimum prize is £25 and they state around 2% return or something, which on £500 would clearly be less than £25