[Finance] Premium Bonds - prize pool increased again - you ever have any luck?

[bluenitsuj]

£200 for May.

£825 so far for 2024.

 

[Beach Hut]

£450 between the 2 of us

 

[knocky1]

Always look on here first to pick up winning vibes.
Thanks £400 for us too.

 

[HalfaSeatOn]

What are peoples annual percentage returns? I’ll have £15k in from May’s draw for 12 months only. I’m looking for a minimum 5% return ie £750 but also prepared for nowt.

May24 = £50

 

[Clive Walker]

£0 again. £9k invested. Not won since Nov 2021

 

[Nicks]

I’ve just cashed in £25k and reinvested it into new bonds.
Let’s see what May & June hold

Just £50.00 this month after my reinvestment

 

[smiler]

£200 between us this month

 

[Denis]

£50 this month on £35,000 holding.
Really not worth it, but have used this years isa allowance and interest on savings has just tipped me over the £1,000 tax free interest limit. Next year I’ll take some of the P Bonds cash to put into another isa.

 

[peterward]

Won £1000 a couple of months ago but usually between £50-£100 a month

Typically our prizes spread over the year are more or less bang on whatever the interest rate is. I’m ahead this year though as had a £1000 win a couple of months ago (biggest I’ve had).

If you don't mind me asking, how much do you both have invested/number of premium bonds?

If you're both winning like that, what's required. is it a few thousand, tens of thousands etc?

 

[portslade seagull]

A measly £100 for me

 

[Mancgull]

£50 off £23k.

 

[dazzer6666]

If you don't mind me asking, how much do you both have invested/number of premium bonds?

If you're both winning like that, what's required. is it a few thousand, tens of thousands etc?

Got the max permitted (100k) between us (suited us when I was paying top rate tax, but barely pay any now) - so around £400 is about par in terms of ‘expected‘ return. £425 this month

 

[Blue&WhiteSea]

Just cashed my £5k of bonds this morning after no returns again.
Partially due to watching this video but also because I'm currently getting 5.08% on my cash ISA and over 10% on my Shares ISA

 

[juliant]

A good haul this month after bugger all last. £425 split across 3 accounts . Happy days

 

[dazzer6666]

Just cashed my £5k of bonds this morning after no returns again.
Partially due to watching this video but also because I'm currently getting 5.08% on my cash ISA and over 10% on my Shares ISA

PBs worked for me when working as was maxing out the ISA and annual interest allowances annually anyway so the tax-free element and realistic chance of getting a reasonable return was ok for a no-risk investment. I need to think about whether switching them into ISAs over the next few years would be better now I have no income and nothing else to fund the ISAs with (ISAs are up about 20% in the last year but obv higher risk and more volatile as mostly in global equities). Still don’t think PBs are a bad investment in an overall portfolio (particularly for HRTs).

 

[nordicgod]

Another blank month on maximum holding , fantastic returns lol

 

[portlock seagull]

A good haul this month after bugger all last. £425 split across 3 accounts . Happy days

I hate you

 

[HAILSHAM SEAGULL]

Poor return compared with usual, £150 between the two of us.

 

[Binney on acid]

£25 on maximum holding. Trying to decide what flavour packet of crisps I'm going to treat myself to.

 

[Biscuit Barrel]

£25 on a 12k holding.