More than 24 million people in the UK have NS&I Premium Bonds, which enters your savings into a monthly draw, offering tax-free prizes from £25 to £1million. However, after a previous drop to the ...

A financial expert has issued a stark warning about premium bonds to anyone holding £5,000 or less. According to the specialist, opting for a traditional savings account might prove more beneficial.

NS&I will cut its Premium Bond prize-fund rate to 4% from 4.15% for the January 2025 draw and beyond. But this rate was already lagging behind interest rates on standard savings accounts – so if ...

Premium bonds cost more than their face value due to higher interest rates or the issuer's improved credit rating. Investors must analyze if the extra interest from the premiums outweighs the added ...

Premium Bond results for May 2026 have been announced by NS&I today - including the lucky winners of two £1million prizes. The first £1million winner is from Suffolk and they hold the maximum £50,000 ...