Premium Bonds - Chances Of Winning Reduced

[Mass_Hysteria]

Anyone with Premium Bonds as an investment may be interested in this..

http://www.bbc.co.uk/news/business-23418034

I recently invested in PB's as interest rates elsewhere are cr*p
Now my chances of winning from August are less!! May just leave it under the mattress!

[Meg]

I started investing in Premium Bonds a few months ago and have been quite happy with the results. Didn't know about these changes.

[starone]

Had some right from the beginning. Never won a thing and don't exactly know where they are at the moment. In a safe place I expect.

[Mass_Hysteria]

Same as Meg, won £25 in my second month with £5000, which is a better interest rate than my ISA is going to get, now got £15k into the August draw, fingers crossed?

[Jeza]

I was bought P/B when they were introduced back in the 50's and have never won a penny.

[Mass_Hysteria]

Even with the reduced chances I still think it is better than a BS and any winnings are TAX FREE!

[Caran]

I have won £25 about 12 times since Jan 2011, have had pb's for about 15 years and have won regularly over that time, most being £100. So I consider I have done ok with them

[Mass_Hysteria]

Apparently there are £m's of unclaimed prizes for those who have had bonds for years......check it out

http://www.nsandi.com/contact-us-helpful-information-faqs-how-do-i-track-down-unclaimed-or-forgotten-savings

[petal54]

only had a few,won 2/3 prizes,£50 = £100 as an early teen,bought a pony(40 years ago)no longer the PB's or the pony.step-son's had several £25's