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

[Mark-C]

Nothing for me or Mrs-C on £40k between us. First blank month between us for a while.

[rustyuk]

£25 on about 18k - ends a 3 month dry spell for me.

[Gigamoons]

Looks like I'm running at 4.8% for the last 12 mths.
No stonking wins, but a decently consistent yield.
May draw sees my first ever 12 month consecutive run rate without zeros.
Happy with that.

[ziggy328]

£25 on £1300

and I won £100 last month

That'll do!!

[Hustle_]

£200 on max

Probably only one or two draws left until I RAGE QUIT and spend it all on a house

[Dr Amatisation]

£25 for me
£225 for Mrs

Both on full holdings. Running average 2.1% after 2 months

[BlindedByTheLights]

With my nice £500 win this month, I’ve calculated I’m at 6.4% over two years which is a nice return.

[Athlon]

Jan £0
Feb £0
Mar £100
April £0
May £150

[Drawweight]

My wife won £25.


However I won £50 which was a bit of a surprise as I didn't know I had any bonds at all. Turns out I left £100 in when I cleared the account to put towards a new car.

[Timothy Bucktu]

It's a bit like stopping the lottery and your numbers coming up...AFAIK premium bonds are a joke. I want to move them and get a guaranteed 5% interest...but what if I do that and in the parallel universe I actually win something worthwhile for once?

It's a tough decision. But I'm strongly err'ing on moving to a savings account.

[Hustle_]

If that’s how you feel about it, JFDI or you’ll kick yourself when the savings rates go down. I’m only in PBs because I’d be paying tax on my interest.

[Gigamoons]

It’s for that reason I’d always keep £1k worth.
Personally I see the monthly pay outs as nothing more than a nice little tickle.

Pensions are most advantageous but they’re not liquid and there’s an annual allowance cap.
ISAs are quite liquid but again an annual cap and sometimes I’ll lock in for a couple of years to make them pay out.
Savings accounts, well in certain tax brackets you're paying tax on the interest pretty quickly.

Which leaves the premium bonds. Up to £50k instantly available cash but with the minute chance it might be £1m. And if not, well it’s still up to £50k in instantly available cash.

[alangla]

Gigamoons said:

It’s for that reason I’d always keep £1k worth.
Personally I see the monthly pay outs as nothing more than a nice little tickle.

Pensions are most advantageous but they’re not liquid and there’s an annual allowance cap.
ISAs are quite liquid but again an annual cap and sometimes I’ll lock in for a couple of years to make them pay out.
Savings accounts, well in certain tax brackets you're paying tax on the interest pretty quickly.

Which leaves the premium bonds. Up to £50k instantly available cash but with the minute chance it might be £1m. And if not, well it’s still up to £50k in instantly available cash.

While it’s not 60 days notice, IIRC the last time I withdrew some money from premium bonds it was about 3 working (so about 5 calendar) days for payment. Always thought that was a bit odd, surely NS&I can conjure up a few grand pretty much on demand?

[Register1]

£100
£100
£100
£50
On £47k

[bigandclever]

£100 and £25 on near enough full holding for May.

[weeve]

see something in the news about premium bonds
google 'when is the may draw'
open app
wander around like a lost soul trying to remember password as doesnt open with my fugly face
find the premium bond tab
find the prize history tab
rapidly scan eye to top
see £0
say 'nil point' in head with fake french accent
close app
go to pistonheads where I happened to see this thread while pointlessly surfing last night
share my exciting news
sigh
remember Im working monday while everyone is off
sigh
look at computer clock
begrudging accept its not time for a pint even when working at home
sigh
trot over to the kettle
continue living my best life

[NickZ24]

a huge complainer thread, anyone has come up with a solution?

Better performing funds? UK bound? Abroad?

[Steamer]

weeve said:

see something in the news about premium bonds
google 'when is the may draw'
open app
wander around like a lost soul trying to remember password as doesnt open with my fugly face
find the premium bond tab
find the prize history tab
rapidly scan eye to top
see £0
say 'nil point' in head with fake french accent
close app
go to pistonheads where I happened to see this thread while pointlessly surfing last night
share my exciting news
sigh
remember Im working monday while everyone is off
sigh
look at computer clock
begrudging accept its not time for a pint even when working at home
sigh
trot over to the kettle
continue living my best life

... Chin up! - Next month could be the big one!!

Slim pickings this month £100

[weeve]

No complaints at all.....I like having them.... many many people cant afford to lock away any cash, money and marvellous on some vague and pointless whim that'll come good sometime maybe never. Oh and its 4pm, Im done at work and the kids are home from school cheerful and chatting to each other. In real life. Honestly. I know right.

Me for the win.
Have a nice w/e with your gratuitous new found wealth all.

[Thin White Duke]

£250 on maximum holding for me this month.

Running total so far in 2024 - £775.

Running 12 month total - £1650. That's 3.3% over 12 months.