Savings rates are low across the board at the moment, with the latest data from moneyfacts.co.uk showing the average no notice savings rate sits at 0.1606 percent as of May 7. Yesterday, the Bank of England decided to keep the base rate
For the prize checker app, they will either need their NS&I number or holder’s number to check. This month, there was a total of 3,123,205 prizes available. In total, they were worth a huge £89,792,075 – including two jackpot prizes of £1million.
This month, there was a total of 3,123,205 Premium Bonds prizes. These are worth an astounding sum of £89,792,075. Both male, the £1million winners come from Surrey and Wiltshire. 436VB112388 was the first Bond number drawn, NS&I said, revealing it belongs to
The first working day of the month has arrived, and that means NS&I has published some details about the latest Premium Bonds prize draw. This month, there was a prize fund of more than £89million. The Winning Bond was purchased only a
The Premium Bonds prize draw results are released at the start of each month. However, due to the weekend and the Bank Holiday Monday which followed, information on who scooped a substantial payout this month is yet to be revealed. As such,
The odds of winning changed several months ago, on November 24 last year, coming into force for the December 2020 Premium Bonds prize draw. This was due to a cut to the annual prize fund rate. The higher value the prize, the
It is estimated there are some 1.8million unclaimed Premium Bonds prizes at present, which could be worth over £67million, according to MoneySavingExpert. But NS&I has urged people not to worry if they have an unclaimed prize, as the provider holds onto the
“However, look at the impact of long-term inflation and it can be significant. “To keep pace with inflation, your Premium Bonds would consistently need to win the prize draw, but thanks to recent changes this isn’t as likely as it once was.
“This is because the cost of living rises each year and, unless your savings increase by the same amount, your money buys less. “In the short term, this effect is minimal. However, look at the impact of long-term inflation and it can
NS&I is among the savings providers urging its customers to stay safe online. It includes a detailed guide on the NS&I website which highlights some potential tactics fraudsters may adopt to trick victims into their scam attempts. There are a wealth of