Premium bonds - weird coincidence

[Jenkins]

Guaranteed, taxable, returns.

£100 tax on £500 returns or £0 tax on £25 returns (so far this year)? I know which one I prefer

 

[glasgowcyclist]

Pretty poor June

£25 for me
£100 for Mrs. C

Just £25 extra this month worst for a long time

£150 For Mrs V.
£175 For me.

£25 for me, £200 for the wife. I have significantly more bonds than she does too.

£50 for me and £100 for Mrs O

£225 for me after some very thin months!
£125 for mum

£225 for myself, £25 for MrsP.

Well done all, but I might have to put this thread on ignore.

Still nowt 🤬

 

[Chislenko]

Guaranteed, taxable, returns.

That is exactly the reason why I leave them where they are.

 

[glasgowcyclist]

Guaranteed, taxable, returns.

Depending on your tax band, you can earn up to £1000 interest on personal savings, tax-free.

 

[vickster]

Depending on your tax band, you can earn up to £1000 interest on personal savings, tax-free.

You can but I'm way out of that and paid a load of interest on savings last year.
Need to look at sticking more in pension probably although much is tied up in tax free ISA at least (hoping the govt leaves those alone)

 

[vickster]

Well done all, but I might have to put this thread on ignore.

Still nowt 🤬

How much do you have in bonds?

 

[Chislenko]

You can but I'm way out of that and paid a load of interest on savings last year.

I am in the same boat vickster and my ISA's are maxed out. As I am not getting any younger I have now joined the "just bloody spend it club"

 

[glasgowcyclist]

How much do you have in bonds?

£3000

 

[mistyoptic]

I am in the same boat vickster and my ISA's are maxed out. As I am not getting any younger I have now joined the "just bloody spend it club"

It’s a good club. We’re starting to enjoy the membership

 

[Chislenko]

It’s a good club. We’re starting to enjoy the membership

Welcome to the club!

Probably like ourselves you have worked hard all your life, paid your taxes, probably at times when getting a foothold in life gone without stuff other people had. So now with the years behind increasing and those Infront decreasing is the time for us to enjoy it. If we don't spend it while we can it will probably be taken at a rate of 10k a month for a care home when / if we go dolally!

Mrs. C is on the laptop as we speak looking for another holiday 😊

 

[glasgowcyclist]

Prize rate being cut to 3.6% from August.

https://www.moneysavingexpert.com/news/2025/06/premium-bond-prize-cut-august/

 

[Chislenko]

Prize rate being cut to 3.6% from August.

https://www.moneysavingexpert.com/news/2025/06/premium-bond-prize-cut-august/

To be expected, recently renewed my ISA's and the rates have dropped quite a lot from last year. We need an interest rate rise to curb galloping inflation 🙂

 

[SpokeyDokey]

Prize rate being cut to 3.6% from August.

https://www.moneysavingexpert.com/news/2025/06/premium-bond-prize-cut-august/

This link (or its predecessors) has been posted before (not knocking you for posting it again) but I am pretty sure few people read it properly. It doesn't paint PB's in a good light.

In a nutshell; for most people PB's are a waste of time but for the few they work.

It's the lure of the big prize that seems to grip holders.

 

[Chislenko]

This link (or its predecessors) has been posted before (not knocking you for posting it again) but I am pretty sure few people read it properly. It doesn't paint PB's in a good light.

In a nutshell; for most people PB's are a waste of time but for the few they work.

It's the lure of the big prize that seems to grip holders.

Not quite true Spokey. For some of us it is a place to shelter some money from HMRC and if you win a few quid along the way then all the better.

 

[SpokeyDokey]

Not quite true Spokey. For some of us it is a place to shelter some money from HMRC and if you win a few quid along the way then all the better.

Which bit isn't true?