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YRRunner
Original Poster
1,241 posts
85 months
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I have the full £30k's worth in NS&E and haven't seen a cent in 5 months now. Anyone else feeling like their deposit is not working for them?
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The Lukas
2,769 posts
63 months
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I'm a little surprised at 30k not getting anything, but with current interest rates it's almost pointless having a savings acount of any kind.
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bogie
8,944 posts
141 months
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no doubt you will get a flurry later on in the year (hopefully) ...it is just luck ....I have nearly the max amount and averaged 3-6 wins a month for 3 months of the year, then nothing since ...
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ShadownINja
47,831 posts
151 months
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Decided to remove most of mine after I got a similar return. Some say you should keep withdrawing and re-"investing". Sounds stupid but if it's based on a random number algorithm with a seed...
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jon-
11,648 posts
85 months
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YRRunner said: I have the full £30k's worth in NS&E and haven't seen a cent in 5 months now. Anyone else feeling like their deposit is not working for them? Same situation.
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Luke.
5,738 posts
119 months
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Got 10K and won bugger all recently.
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fido
9,382 posts
124 months
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Yep, you sound very unlucky .. worse gap i had was 2 months .. then i got £100.
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Lost soul
5,246 posts
51 months
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My brother has the full whack of PB and gets 50 to 100 back on a regular basis
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Bedazzled
4,040 posts
90 months
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Poor return here recently too, plus they've reduced the standard win down to £25. Funny how it coincides with the recession. There's an old urban myth the government uses big premium bond wins to pay people off, doesn't help the odds 
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Tiggsy
7,177 posts
121 months
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There is ONLY ONE REASON to hold PB - you like to lend the Government money at sub 1% rates.
It's a noble approach to supporting the economy (it adds £40 billion to the system) but thats about all.....well done for those of you social responsible enough to buy them though (i'm too selfish about lending anyone money on the cheap)
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Maxf
7,056 posts
110 months
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Bedazzled said: There's an old urban myth the government uses big premium bond wins to pay people off, doesn't help the odds You certainly wouldn't shout about a big win in Ireland in the 70's or 80's.
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14-7
5,704 posts
60 months
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Just got £25 today. Woohoo. That's a few paid for  . 
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graemel
4,578 posts
86 months
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For six months both myself and the missus had the full £30K each in the pot. My business partner had the same and averaged £500 per month. Of course we put them in at the start of the recession and averaged £25 per month. Gary has also withdrawn his lump as well.
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Police State
3,302 posts
89 months
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someone I know seems to get a fairly regular supply of envelopes from NS&I, I drove him home from a 3 week holiday, and when he checked the mail, there was 5 'wins' on the dining room table. On another occasion this year, he won £25k. I guess in some ways he's just a a lucky guy.
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bogie
8,944 posts
141 months
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it is just luck, you are buying chances to win with the interest you would have earnt in a good savings account ...thats all the people with a few hundred quid in, or a £50 bond from 20 years ago, that dropped £1M or £250K in a month no doubt are not moaning about it LOL like anything, you cant win it, if youre not in it ...with a few hundred grand portfolio, its no harm having the 1st £30K in bonds, "just in case" ...but dont rely on them for your pension
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Ribol
9,169 posts
127 months
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The Lukas said: I'm a little surprised at 30k not getting anything, but with current interest rates it's almost pointless having a savings acount of any kind. I would rather be getting a little over 3.0% in a savings account than have premium bonds. We had two lots of the max allowance and over two years it averaged out at 1.7% - cashed the lot in. Yes if you win a big prize it is worth it .................... but I didn't
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swerni
19,832 posts
79 months
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sold the lot a few months ago and put them in the offset accounts.
I've held bonds for over 10 years but have given up now
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Nic jones
4,764 posts
89 months
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I've got £50 worth from when I was a nipper that I've not bothered to withdraw.
Had a welcome surprise the other day with a cheque for £25 arriving in the post, first time I've won for about 15 years!
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bogie
8,944 posts
141 months
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whats the odds of winning the lottery ? ...and thats dead money you cant get back a fiver a week for 40 years with no wins compared to a fiver a week in a savings account at 2% net (if you are lucky) is about £18K wasted after 40 years for the chance of "winning" ...so I guess we shouldnt bother with the lottery either .... ..thats the problem - people measure and compare premium bonds like "investments" they are not "investments", they never have been ....you are lending money for chances on a monthly lottery, except you can get the money back so you are essentially gambling that interest you *could* have earnt elsewhere
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jagracer
6,722 posts
105 months
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What are you whingers like, I've had £11 worth for 40-50 years and never won a penny. 
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