Premium bond holders should prepare for more cuts to the prize fund rate this year, an expert has warned. The rate – which is ...

Premium Bond holders may see their chances of winning a prize dip with one expert warning that NS&I will cut rates again.

Premium Bonds are a savings product, but instead of getting a guaranteed rate of interest, you're entered into a monthly ...

Personal finance experts have warned "woes may continue" as rate cuts come in from National Savings and Investments, or NS&I, ...

Premium Bonds are a unique savings product where instead of earning interest, savers are entered into a monthly prize draw for tax-free cash prizes.

This comes as Premium Bonds big winners will be cut, with fewer £100,000 prizes will be available from the April 2025 draw. The prize winning fund rate is being slashed from 4% to 3.80% say Premium ...

Premium bonds are an investment product from the National Savings and Investment (NS&I), which is owned by the government (PA Archive) Every month, savers have the chance to win big prizes as the ...

Net financing considers incoming funds, including deposits and interest, against outgoing money from withdrawals and interest ...

The maximum you can have saved in Premium Bonds is £50,000 but one lucky person managed to scoop the £1million prize despite having just £100 saved ...

Plus, read our round-up of the latest Premium Bonds news. March 2025 update: Winners of the £1million Premium Bonds prizes this month are in Cumbria and Cleveland The Cumbria winner had a ...

The Premium Bonds prize rate will drop to 4.4 per cent , from 4.65 per cent, in March. That means £30.1 million less paid out - with 72,022 fewer prizes. And I predict there will be more cuts as ...

The Treasury-backed provider is set a net financing target, which for the current financial year is £9 billion ...