More than 24 million people in the UK have NS&I Premium Bonds, which enters your savings into a monthly draw, offering tax-free prizes from £25 to £1million. However, after a previous drop to the ...

Premium bonds cost more than their face value due to higher interest rates or the issuer's improved credit rating. Investors must analyze if the extra interest from the premiums outweighs the added ...

This guide explains how interest rates affect premium and discount bonds in clear, everyday language, so you can feel confident about what is happening inside ...

We independently select all products and services. While we earn a commission from partner links, commissions do not affect our editors' opinions or evaluations. Learn More. Premium Bonds are a ...

Learn if it makes sense to buy premium bonds in a falling rate environment in 2026, how they work, and the risks beginners should understand.

NS&I will cut its Premium Bond prize-fund rate to 4% from 4.15% for the January 2025 draw and beyond. But this rate was already lagging behind interest rates on standard savings accounts – so if ...

Premium Bonds are set to become a much less competitive savings product as the estimated returns and chances of winning will be slashed from April.