MoneySavingExpert News
Premium Bonds

NS&I will increase its Premium Bond prize-fund rate to 3% from 2.2% for its January 2023 draw and beyond, with an extra £80 million in higher-value prizes up for grabs. The odds of winning will remain the same at 24,000-to-one, but there will more than three times as many prizes between £5,000 and £100,000 available.
13 December 2022

NS&I will increase its Premium Bond prize-fund rate to 2.2% from 1.4% in its October draw, increasing the odds of a win from 24,500-to-one to 24,000-to-one. The change means there will be around 100,000 extra chances of winning in the October draw – with a small increase in the number of larger prizes available and a drastic increase in the number of £50 and £100 prizes on offer.
27 September 2022

Martin Lewis explains, for the first time, that how much you put into Premium Bonds has a huge impact on what you'll get back. The MoneySavingExpert.com founder also analyses whether Premium Bonds are worth it in his latest video briefing from the latest series of The Martin Lewis Money Show. Watch the clip below and read on to find out more.
12 November 2021

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

National Savings & Investments (NS&I) will dramatically cut the interest it pays on many of its savings accounts in November, slashing its top easy-access rate to just 0.01%. And Premium Bond holders will also have a much lower chance of winning a prize from December, with the prize rate to be cut to 1%.
21 September 2020
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