History Of Premium Bonds

[barry1010]

I can't remember what the investment limit was in 1956, nor how it has increased over the years to the current £50k.

Can anyone help?

[ladybirder]

Here you go Barry.  😁https://en.wikipedia.org/wiki/Premium_Bond

 

[barry1010]

Thanks, ladybirder, I did read earlier but it doesn't answer my question. although a link to the BBC news website does tell me the limit rose from £40K in 2015.

[dasherman]

According to the following link the maximum investment in 1956 was £500:

https://www.theprivateoffice.com/cash-management/history-nsi

 

[Hopkirk]

That was a lot of money then.

[dasherman]

You may also find these facts about Premium Bonds interesting, but I don't think it incudes how the limit has increased over time:

https://www.independent.co.uk/money/65-facts-about-premium-bonds-b2091532.html

[davebro3]

Had another good month with the PBs - 8 prizes - I'm on a roll!😁💰

[ToraToraTora]

Just £50 this month.

 

[davebro3]

I read the 65 facts - I would ask "What is the most number of prizes won by a bond holder in a single month?"

 

[barry1010]

Thanks all, I'm hoping for an increase in the limit.

None of us rarely go a month without winning.    

[davebro3]

I think I know what you mean barry. 🙄

[brainiac]

barry - don't you mean all  of us rarely go a month without winning?

[barry1010]

Yes, teacher

[Ellipsis]

I got nothing this month! Fully invested, and zilch.

[TheWinner]

have any of you had a big prize?

[barry1010]

A big enough prize, still waiting for the million.

A colleague of mine won the top prize twenty odd years ago 

[davebro3]

many years invested - my top prize has been £500

[david small]

Many years fully invested best £500. Just cashed in 20,000. I still won £75. My wife won £1,000 once quite a while ago.