Premium Bonds!

[Barnet Seagull]

yield equates to about 3% tax free - you can check your numbers on the interweb too.

 

[Gazwag]

I have in the back of my mind that there is a reason why you can't have PBs for syndicates - I can't remember exactly why though. Perhaps something to do with them having to be in an individuals persons name and are not transferable. I may be wrong of course - that's never a surprise !

Yeah you are right bonds can only be in an individuals name, but we just have an agreement that I am the holder of the bonds.

Everybody pays between £5 and £10 a month, and nobody loses like with the lottery as at the end of the day you still have what you have put in.

 

[Tricky Dicky]

Yeah you are right bonds can only be in an individuals name, but we just have an agreement that I am the holder of the bonds.

Everybody pays between £5 and £10 a month, and nobody loses like with the lottery as at the end of the day you still have what you have put in.

Fine - They obviously trust you

 

[Marshy]

Clears throat.... might have done quite well yes on the bonds yes...

 

[:J)]

Apologies for bouncing this thread, but was wondering if anybody could work out the odds for winning something on the Premium Bonds. I have 3k of bonds which I took out about 18 months ago and haven't won anything yet. The lady wife has about 3 pence worth and has won 2 x £50 within the last 6 months

On the website - they say that each £1 bond has a 24,000 to 1 chance of a win. By my calculations 24,000 divided by 3,000 is 8-1. Is that right? Or should I have cut my losses and lumped the whole lot on Sonderborg in the 3.30 at Southwell?

 

[Beach Hut]

Junior has won £50 (again), won £100 last month

Mrs Hut has won £50

Me and Mini - jack shit

 

[British Bulldog]

I've had some premium bonds for nearly 30 years and never won a bleeding penny!

 

[Beach Hut]

I've had some premium bonds for nearly 30 years and never won a bleeding penny!

That little basket Junior keeps bloody winning and has the least invested

 

[scooter1]

Won £500 the month before last and had 4 or 5 50 quids. Definitely more than I would have earned in interest - and its great coming home from work and find the envelope on the mat and sighing at another 50 notes, only to find its a tad more. And at the end of it you get your dough back!!

 

[British Bulldog]

That little basket Junior keeps bloody winning and has the least invested

How much are they these days?

 

[Beach Hut]

How much are they these days?

Prizes or bonds ?

 

[scooter1]

pound each, min spend is £100

 

[British Bulldog]

Prizes or bonds ?

Sorry I meant bonds but Scooter1 has given the answer. Maybe they've just forgotten my old numbers & it's time to invest in some new ones!

 

[Beach Hut]

Sorry I meant bonds but Scooter1 has given the answer. Maybe they've just forgotten my old numbers & it's time to invest in some new ones!

You can also do £50 a month by standing order

 

[Deleted User X18H]

We have got 30 grands worth but only win on average 150 quid a month.

 

[Billy the Fish]

I invested all of my savings last month, a few grands worth, and I was genuinely pissed of that I didn't win the jackpot

 

[Deleted User X18H]

Clears throat.... might have done quite well yes on the bonds yes...

Oh really..............

 

[Gazwag]

Apologies for bouncing this thread, but was wondering if anybody could work out the odds for winning something on the Premium Bonds. I have 3k of bonds which I took out about 18 months ago and haven't won anything yet. The lady wife has about 3 pence worth and has won 2 x £50 within the last 6 months

On the website - they say that each £1 bond has a 24,000 to 1 chance of a win. By my calculations 24,000 divided by 3,000 is 8-1. Is that right? Or should I have cut my losses and lumped the whole lot on Sonderborg in the 3.30 at Southwell?

Dont know about the odds but the "interest rate" is 3.55%. Therefore in order to win £50 a year you in theory need to have £1500 worth of bonds. Obviously you may win nothing.

The important thing is though you still have your capital.

Our syndicate won its first £50 a few months ago and we are now up to £1500 worth

 

[withdeanwombat]

I bought one in 1958.

Still waiting..........

 

[Ding Dong !]

I had premium bonds bought for me when I was a child aged 10 ( that was 29 years ago ). In that time i've one just £50 and that was about 3 years ago. !!!