Why we all love Premium Bonds (2024)

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With the expected win rate up to 3.3 per cent, why not take a chance with your savings?

Why we all love Premium Bonds (2)

The Times

Paula Bui, 50, from West Yorkshire, had Premium Bonds as a child, but hadn’t considered them again until 2020, when she was looking for an easy-access account for money she was saving to do up her house.

At the time the Bank of England’s base rate was at a record low of 0.1 per cent and savings accounts were paying next to no interest. Bui and her husband put £20,000 each into Premium Bonds, and have since withdrawn some money and then added more.

Bui, a chocolatier, and her husband, a chef, are self-employed and have also put money they have set aside to pay their tax bills into Premium Bonds. Over the past two and a half years they have won £100 a couple

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Why we all love Premium Bonds (2024)
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