Premium Bonds - Not a bean for months now!!!!
Discussion
14-7 said:
£100 this month.
£50 a month for the last 3 since I increased to £50k holdings.
£50,000 at 1.35% average return p.a. means you might expect £675 a year - or £56.25 a month. Regrettably the big prizes mean most punters get much less than that and in any event your money is shrinking relative to inflation.£50 a month for the last 3 since I increased to £50k holdings.
14-7 said:
Surely that's per bond though. If you have £50k in them that reduces it to 591,147.
In a typical draw, each bond's chance of winning £1m is 29.2 billion to oneOf £59.1 billion in premium bonds, each month, there are more than 2.27 million prizes given out of between £25 and £1 million each. Over 2.23 million of these are £25, 18,209 are £50 and £100 and the remaining 5,500 or so are between £500 and £1 million.
kuro said:
Had an email this morning so checked expecting the usual £25 but got a nice surprise, £1050.00 Wife also got £25. I suspect this will be as good as it gets for us.
Nice! Nothing more than £25's for us this year biggest win I had was £300 back in the day. I don't think there is even a £300 prize now. AyBee said:
For the first two months I had £2k with no wins, now I've upped my stake to £48k and still no wins this month
You aren't going to win anything meaningful at all.You may get 1% average over the year, if you're really lucky you may get 2%.
Then when you get bored in 10 years, that £48k is still only £48k...
If you're happy with that then stick with PB's.
TheLordJohn said:
AyBee said:
For the first two months I had £2k with no wins, now I've upped my stake to £48k and still no wins this month
You aren't going to win anything meaningful at all.You may get 1% average over the year, if you're really lucky you may get 2%.
Then when you get bored in 10 years, that £48k is still only £48k...
If you're happy with that then stick with PB's.
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