Premium Bonds... what a load of tulipe

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Numptycorner replied

4 May 2007, 13:22
I have 30k. I have 'won' every month since I bought them in september

So far works out about 4%
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Dobra replied

4 May 2007, 13:20
Originally posted by TazMaN

How can a 30k "investment" not yield a single prize in 3 months????

loser
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ChimpMaster replied

4 May 2007, 13:09
Originally posted by rootsnall

NS&I index linked - 10.25% gross for higher rate taxpayers, so the ad says at the moment ( http://www.nsandi.com/products/ilsc/index.jsp ), probably unbeatable at the moment if you are happy to tuck it away. Even better than 'boomed' house prices !

Limited to £15k per person methinks, but good tax-free rate nonetheless. Am awaiting BoE rate rises before going for a fixed rate bond.
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rootsnall replied

4 May 2007, 12:58
Originally posted by TazMaN

How can a 30k "investment" not yield a single prize in 3 months????

NS&I index linked - 10.25% gross for higher rate taxpayers, so the ad says at the moment ( http://www.nsandi.com/products/ilsc/index.jsp ), probably unbeatable at the moment if you are happy to tuck it away. Even better than 'boomed' house prices !
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Fishface replied

4 May 2007, 11:39
I won 50 pounds - great.

Anybody know of anyone having a big win?
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_V_ replied

4 May 2007, 07:04
Originally posted by TazMaN

How can a 30k "investment" not yield a single prize in 3 months????

That £30K could be used as a deposit on a BTL property.

Property always wins. Double your money every 5 years!
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bobhope replied

4 May 2007, 05:32
Originally posted by Cowboy Bob

My parents have a £10k investment and they won a £1000 prize and a couple of smaller prizes in their first year. You're not going to get 10% on the high-street anywhere.

And neither will the average "investor" in premium bonds.
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Cowboy Bob replied

4 May 2007, 05:17
My parents have a £10k investment and they won a £1000 prize and a couple of smaller prizes in their first year. You're not going to get 10% on the high-street anywhere.
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wendigo100 replied

3 May 2007, 22:09
Suralan advertises them so they must be kosher.
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xoggoth replied

3 May 2007, 18:02
They are not really tax free either. The rate of return relative to commercial deposits has been reduced to more than make up for the tax. Like everything from government, a total fraud.

http://www.moneysavingexpert.com/cgi...161700153,9594,
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ChimpMaster started a topic Premium Bonds... what a load of tulipe

3 May 2007, 17:37
Premium Bonds... what a load of tulipe

How can a 30k "investment" not yield a single prize in 3 months????
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