Good News for Premium Bond Holders

Good News for Premium Bond Holders

Good news for all of you out there who hold premium bonds!

Due to the equivalent interest rate increase recently announced by the Bank of England, NS&I has announced that there will be an increase in the size of the prize fund for the popular Premium Bond scheme. Though this isn’t a real terms interest rate change, it does mean that there will now be more funds available for bond holders to win.

The chances of winning with a single bond will be increased sizeably from

30,000 to 1 to 24,500 to 1.

See below a small table taken from Telegraph.co.uk to show the substantial change in prizes!

Prizes No. of prizes November 2017 No. of prizes December 2017

£1m 2 2

£100k 3 4

£50k 5 9

£25k 12 18

£10k 28 42

£5k 57 87

£1k 1,366 1,660

£500 4,098 4,980

£100 22,190 22,792

£50 22,190 22,792

£25 2,325,993 2,853,919

NS&I

visit www.expats-online.es

for more!