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NS&I

  • Is June the time to buy Premium Bonds?

    Personal Finance

    Premium Bond prizes range from £25 to £1m, but the odds of winning can feel very small compared to the rate savings accounts offer right now. Over 24m people in the UK own Premium Bonds, a savings vehicle offered by Treasury-backed National Savings and Investments (NS&I). Winners for June are due to be announced over [...]

    Choosing Premium Bonds in June means swapping a guaranteed interest return for a 3.8 per cent monthly prize fund—holders hope a tax-free draw beats higher savings-account rates.
  • NS&I announces Premium Bond prize rate cut

    Personal Finance

    NS&I, the government-backed savings provider, has announced it will cut the Premium Bond prize rate from four per cent to 3.8 per cent in April. The rate had already decreased from 4.15 per cent to four per cent at the beginning of the year. More than 24m people own Premium Bonds, making it the nation’s [...]

    NS&I, the government-backed savings provider, has announced it will cut the Premium Bond prize rate

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