Premium bonds - weird coincidence

[Stevo 666]

My Old Man won £25 the other week - the only slight hitch being that he died in 2017 and we must have missed cashing in some of his premium bonds. Have contacted NS&I to hopefully get the massive prize cheque made out to me.

Update: NS&I wired £414 to me the other day, which was a nice surprise as I thought we'd cashed in all of his premium bonds after he died in 2017. Only slightly annoying thing was that they didn't pay me the £25 win in his name which alerted us to these premium bonds existing - reason given was they didn't know he was dead when they paid it out, so the money goes to the next in line for a payout...

 

[Shadow]

2025 Review

Annual return = 6.3% (by far the best return since I started to keep track 6 years ago).
This is wholly attributable to my scraping a 4 figure win in january. Without this my return would have been 2.8%, which is 0.4% less than my last 2 years returns.

If the capital was 'invested' in a cash ISA, my return would not have been much higher, after tax.

Conclusion: will keep for another year. As the purpose of PBs for me is to have cash easily accessible, the tax free return is ok. But only just ok, as it rarely keeps up with inflation. I do not hold full amount allowed.

 

[ebikeerwidnes]

2025 Review

Annual return = 6.3% (by far the best return since I started to keep track 6 years ago).
This is wholly attributable to my scraping a 4 figure win in january. Without this my return would have been 2.8%, which is 0.4% less than my last 2 years returns.

If the capital was 'invested' in a cash ISA, my return would not have been much higher, after tax.

Conclusion: will keep for another year. As the purpose of PBs for me is to have cash easily accessible, the tax free return is ok. But only just ok, as it rarely keeps up with inflation. I do not hold full amount allowed.

I am about the same without the bigish win
last 2 years before this I was running at an interest rate of 4-5%

This year it is lower - would have got more in an ISA

but at the end of the day - I might win the Big One

OK - I might also win the lottery - there are odds that it could happen - although they would be much better if I actually bought a ticket

at least I have PBs and the odds of winning a lot on them is better!

 

[Chromatic]

2025 Review

Annual return = 6.3% (by far the best return since I started to keep track 6 years ago).
This is wholly attributable to my scraping a 4 figure win in january. Without this my return would have been 2.8%, which is 0.4% less than my last 2 years returns.

If the capital was 'invested' in a cash ISA, my return would not have been much higher, after tax.

Conclusion: will keep for another year. As the purpose of PBs for me is to have cash easily accessible, the tax free return is ok. But only just ok, as it rarely keeps up with inflation. I do not hold full amount allowed.

3.05% for me this year.

 

[mistyoptic]

3.05% for me this year.

2.65% for me. Disappointing, it felt better than that at the time

 

[Chromatic]

2.65% for me. Disappointing, it felt better than that at the time

That is a disappointing return.

 

[Mike_P]

9.75% return this year

 

[Jenkins]

Having had return of 0.35% over the first 6 months of the year I cashed them all in and am now getting a 3.75% return (£40 after tax per month in interest)