MoneySavingExpert News

Premium Bonds

NS&I to increase the Premium Bond prize rate to 1.4% – here's all you need to know

After the rise, the odds of each £1 Premium Bond number winning a prize will increase from 34,500-to-one to 24,500-to-one.

24 May 2022

More than £74 million in Premium Bond prizes sitting unclaimed – how to check if you've won

More than 2 million Premium Bond prizes worth a combined £74 million remain unclaimed, according to the latest figures from NS&I. If you have or have ever had Premium Bonds, here's how to check if you've won.

18 November 2021

Martin Lewis: Premium Bonds – are they worth it? New analysis

Premium Bonds can beat easy-access accounts if you're saving over £4,000, MoneySavingExpert.com founder Martin Lewis has revealed.

12 November 2021

NS&I Green Savings Bond goes on sale but it only pays 0.65% AER fixed over three years

The Treasury has launched a new Green Savings Bond that will be welcome news for those wanting to support green projects but the bond only pays interest of 0.65% a year, which is far below the top-paying three-year fixed savings deals. MoneySavingExpert.com founder Martin Lewis has branded the rate "pants".

26 October 2021

NS&I to slash savings rates and Premium Bond prizes

National Savings & Investments (NS&I) will dramatically cut the interest it pays on many of its savings accounts, slashing its top easy-access rate to just 0.01% in November. And Premium Bond holders will also have a significantly lower chance of winning a prize from December, with the prize rate to be cut to 1%

21 September 2020

Premium Bond paper prize cheques to be scrapped

More Premium Bond prizes will be paid directly to holders' accounts as NS&I is set to phase out its paper prize cheques by March next year – so make sure it has your details

17 September 2020

Premium Bond customers can now get texts to let them know they've won

Premium Bond holders will now be able to sign up to text notifications letting them know when they've won a prize

25 February 2020

Premium Bond prize rate to be cut to 1.3%

Premium Bond holders will have a lower chance of winning a prize from May, while those with NS&I savings products will see their interest rates cut

18 February 2020

More than 2.1 million Premium Bond prizes unclaimed – check if you've won

A further 500,000 Premium Bond prizes are yet to be claimed, bringing the total unclaimed prize pot to almost £77 million – check now to see if you've won.

15 October 2019

25,000 duplicate Premium Bond prizes sent to winners

Tens of thousands of Premium Bond winners were accidentally sent duplicate prizes this month - check if you got an extra one

14 October 2019