Premium Bonds - Not a bean for months now!!!!

[hodjie]

50k invested , £25 this year

[Mr Whippy]

UmpaLoompa said:

Mr Whippy said:

webstercivet said:

Mr Whippy said:

vixen1700 said:

£50 on £100k.

It's rather depressing and really is a sign of the times of how knackered our economy is.

If you said to someone to take your £100k and do something with it and generate £50 after 1 month, you'd be seriously questioning what potential there is out there in the economy, or how incompetent the person you lent the money to is.

Not a good sign.

To make it a fair comparison with NS&I, the person you're lending to would have to 100% guarantee you'd get every penny back at any time you request it. But yes it's amazing how low interest rates are and for how long things have been this way.

Yes to make it fair.

But I was loosely suggesting I was giving £100k to the government of a large global economy.

If they can only muster £50 a month out of my £100,000 then we're well and truly screwed.

I bet I could go into a large town centre and find £50 in a day just looking for dropped coins.

Why should the government pay more if they can still get willing investors at those rates, which are broadly aligned with the wider market?

They shouldn’t. It’s not the point. The point is the most capable borrower can make essentially nothing from your money.

That suggests the market is dead.

The only glimmer of hope is the enforced consumption/stimulus of build back better green thingy... but I bet the yields are lower
The reward here is being able to feel smug...

[nammynake]

£125 on £100k

[daos]

£25 on £10k, first prize in 3 months

[Supernova190188]

Nothing for the 6th month in a row on £17k

[Halmyre]

Halmyre said:

Third month in a row with zilch.

I tell a lie, just got the notification this morning, obviously takes time to get round to telling everyone. £25.

[Kwackersaki]

1 x £100 on £47K

[Thin White Duke]

3 X 25 on maximum holdings.

[emicen]

£25 win this month, £50 since I first bought some bonds.

At this period of investment, £42.59 would be on target for 1% return, so overall I’m slightly ahead.

[FunkyNige]

FunkyNige said:

Been building it up in my account from June and there was about £11k in there, yesterday was my first prize (£25), I may find somewhere else to put it...

Obviously NS&I read my post as another £25 this month on slightly less.

[Chester draws]

In for next month's draw.

End of Feb I put £25k in. According to statistics and probability, I'm likely to "win" nothing in April.

Let's see.

[Rob_125]

£50 on my 50k
£75 on 'her' 50k

Not too bad...but not great.

[Jonny_]

Oddly, after having nothing since opening the account in July, I've had a prize every month for the past 3 months.

£50 this month, £25 in Feb and £25 in Jan.

Currently have just over £20k invested; started out by paying in £8500 in July and then paying in £1500 each month since.

Some rough calculations put this at about the equivalent of a 1% AER, so not spectacular but not terrible either.

[The Ferret]

£25 on £10k invested at Xmas, so only been eligible for a couple of draws.

That’ll be it for me, f*** all now for the rest of the year I guarantee it.

[PaulWoof]

How have peoples withdrawal times been for premium bonds?

I need to take funds out to fill out my LISA before final day 05/04.

Would waiting till midnight 31/03 to be in the draw and then withdraw be risking it to get the money back in my account in time?

[Ridealong]

A single £25 win

[trickywoo]

PaulWoof said:

How have peoples withdrawal times been for premium bonds?

I need to take funds out to fill out my LISA before final day 05/04.

Would waiting till midnight 31/03 to be in the draw and then withdraw be risking it to get the money back in my account in time?

That’s bang on the Easter weekend. Can’t see it happening myself. They are quoting the results day as 6th April so I can’t see a transfer happening in time.

[doogle83]

I put a withdrawal in on Tuesday morning, the money has just turned up in my account today.

[The_Doc]

PaulWoof said:

How have peoples withdrawal times been for premium bonds?

I need to take funds out to fill out my LISA before final day 05/04.

Would waiting till midnight 31/03 to be in the draw and then withdraw be risking it to get the money back in my account in time?

48 hours to reach my account.
I won on Tuesday's draw (March 2nd) having set the closure for "After the next draw" The money arrived this morning.
2 banking days.

[Powerkiter]

1x £100 and 3x £25 on £50k this month.