It’s Premium Bonds draw day.

hugo
Member

At 1.4% overall payout you have to wonder what the point is.

Depends what you are investing.
I have two interest-free credit cards maxed out with the funds in premium bonds. I have to be able to get my money back when the interest-free period runs out so that I can pay the cards off, can’t guarentee that with shares, I want the certainty. Anything won in the mean time is my profit. I’m expecting to make around £300 over the two years, could be less, could be more. Made £50 so far

Premium bonds are simply not a good investment.

Already been suggested in other responses but my take on it is PBs are a savings tool, not an investment tool. I use Vanguard funds for the money I’m prepared to take a loss on, whilst hoping for bigger than PB gains.

PS second day in a row I’m being queued on their website for 7 minutes, which is completely annoying and negates the functional benefits of an online service – get your website capacity sorted or I’ll start phoning your customer care team every time – which makes me much more expensive to service as a customer!

@pedlad – just use the App

I think the app only lets you look at prizes – I want to dd / withdraw money

Still cant access the website but I have had an email so I’ve won something.
Cant download the app either but judging from the ratings that may may not be a bad thing…hope they are wrong.

Nowt for me this time. Roll on July’s draw!

I wonder what time Agent Million will visit us tomorrow?

😜

Midnight on the 2nd. Hoping for a lottery/ premium bonds double.

High value winners for July have been announced, look on the nsai website. I didn’t win big this month. Hopefully I’ll get at least £25 tomorrow morning.

The app is showing me the clip of the woman having an orgasm in the rain so looks like I’ve won something. Will log in to site later

Edit £25

Between March and July the prize fund has gone from £100m to £106m and the number of prizes form 3.5m to 3.7m

Evidence of people moving money out of their crappy cash ISAs and into something with a better return?

How do some people see updates on the app earlier than others? are these the winners?

it appears that for some people the App works on the day of the draw and for others there is a delay of a day or two

it’s a mystery

This is quite odd as the website says the draw is on July 2nd so how are winners being announced?

Second month in a row of sweet FA ☹️

Second month in a row of sweet FA ☹️

Pah, 2 months with nothing – we’re on £25 on 8K over 17 months and counting. I’ve considered moving the money elsewhere many times, at some point I’m going to do so!

Evidence of people moving money out of their crappy cash ISAs and into something with a better return?

That’s what I’ve done. I need easy access for the next year or so and should get a slightly better return here than in an easy access ISA. If I don’t it’s not exactly a big loss.

My app says draw due on 2nd July as does web login 🤷‍♂️

https://www.nsandi.com/prize-checker hmmm

Online man says
t take place on 2 July it takes place in the final couple of days fo June so the results can be organized for the start of the month. The results are released on the second working day of the month which would be 2 July.

<missed the edit window>

The draw does not take place on 2 July it takes place in the final couple of days fo June so the results can be organized for the start of the month. The results are released on the second working day of the month which would be 2 July.

App still telling me there’s 1 day to go. I think it’s just letting me down gently.

£25 !!

That’s £175 this year. 😎

Nothing for me

£25 for Mrs Zip . That’s £150 for her since March.

2*,25 here

same

25 here – first sniff of a return since December

4 * £25 here – ballin’

Also 4* £25 here. But then not won anything since January so about flipping time

Nothing 🙁

2×25 here, really must work out my ytd wins

1 X £25 here, nowt for the missus. Nice, but a come down after £575 between us last month.

Nothing again, might pull the money out and chuck it back in as a bigger lump. Although I’ve only got £3k in there. How quickly can you withdraw your money?

£50. Gonna buy a yacht.

S.F.A as per normal it seems since 2016

I like seeing the large prizes going to people with very little saved in it, including one time someone with only £500 won a £50,000 prize.

might pull the money out and chuck it back in as a bigger lump

Which would make zero difference to your chances

First draw I’m eligible for!!

Won nothing.

Nothing for me this time

Which would make zero difference to your chances

Would make his chances for next month zero as wouldn’t be eligible at all.

Took me about 8 years of drip feeding to get to a situation where I win every other month at least if not at least 1 each month.

225 for the year to date.

Will be decimated shortly as I have an extension to pay for 🙁

Back to winning! 2*£25.