Premium Bonds - Not a bean for months now!!!!
Discussion
joshleb said:
I don't have any of these, but want to put some money away so I don't waste it.
Worth it?
Do you guys have your winnings automatically invested or get it paid into your nominated account?
I reinvest purely because the new bonds go into the next draw straight away. If you buy bonds they skip the first draw. (For this reason it's best to buy bonds at the end of the month.)Worth it?
Do you guys have your winnings automatically invested or get it paid into your nominated account?
I've had bonds for the past three years. In the first couple of years my prizes pretty much matched what I would have received in an ISA. I'm a bit behind this year, but that doesn't really bother me as interest rates are so low, and it's more than made up for by the bit of excitement checking my numbers at the start of the month.
While interest rates are so low I think I may as well have PBs purely for the entertainment value. Plus I have instant access to my money. If saving rates ever start to creep up I might reconsider...
Edited by funinhounslow on Friday 4th November 07:29
funinhounslow said:
I reinvest purely because the new bonds go into the next draw straight away. If you buy bonds they skip the first draw. (For this reason it's best to buy bonds at the end of the month.)
I've had bonds for the past three years. In the first couple of years my prizes pretty much matched what I would have received in an ISA. I'm a bit behind this year, but that doesn't really bother me as interest rates are so low, and it's more than made up for by the bit of excitement checking my numbers at the start of the month.
While interest rates are so low I think I may as well have PBs purely for the entertainment value. Plus I have instant access to my money. If saving rates ever start to creep up I might reconsider...
Also, the chance (not going to happen like) of winning a biggie, too...! I've had bonds for the past three years. In the first couple of years my prizes pretty much matched what I would have received in an ISA. I'm a bit behind this year, but that doesn't really bother me as interest rates are so low, and it's more than made up for by the bit of excitement checking my numbers at the start of the month.
While interest rates are so low I think I may as well have PBs purely for the entertainment value. Plus I have instant access to my money. If saving rates ever start to creep up I might reconsider...
Edited by funinhounslow on Friday 4th November 07:29
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