Premium Bonds are the UK’s favourite savings accounts. In total more than 21 million people have at least one bond, with an eye-watering £72billion saved in the NS&I product. So it’s notable that this year’s Budget included a couple of fundamental changes to how Premium Bonds work, that weren’t actually mentioned during the Chancellor’s speech. The changes affect who can buy Premium Bonds, how easy it is to get them as well as the funding basis that National Savings and Investments - who run the savings products - use to help decide the rules. This is what they changed. Who can buy Premium Bonds The first big change covers the purchase of Premium Bonds themselves. Many people get started saving with Premium Bonds thanks to a present from their parents or grandparents, and then go on to buy more for themselves when they get older. However, the Government is extending this gifting feature, so that you can buy bonds for a child even if they … [Read more...] about Premium Bonds just changed in a pretty big way – how they work now
Premium bonds how to check
In May 2014, Premium Bond number 135MM985708 won £25,000. No one ever claimed the money. It was bought by someone in Essex, who has a total of £2,325 invested in the savings vehicle – but that's all we know about them. They're not alone – there are currently 1.5 million winning Premium Bonds where no one has ever claimed the prize. In Essex alone, along with the £25,000 unclaimed prize, there are two £10,000 prizes and three £5,000 waiting for someone to bank them. Add them all up and there is almost £1.6 million worth of winnings spread around 40,500 prizes. The oldest unclaimed prize in the county dates back to February 1964 – that's more than 54 years ago, two years before England won the World Cup – and it's still valid if the owner is ever tracked down. And that's just Essex, there are also more than 11,000 unclaimed Premium Bonds prizes in Northamptonshire, worth over £400,000. Why prizes go unclaimed There are more 1.5 … [Read more...] about £60m up for grabs thanks to lost Premium Bonds – how to claim your prize
Two lucky Premium Bond holders have scooped the top £1million tax-free prize in September's draw. The women - from Essex and Northamptonshire - become the 393rd and 394th Premium Bond holders to scoop the jackpot since the prize was introduced. The woman from Essex purchased her winning Bond in May 2003 and currently has £31,575 invested. The winning Bond number is 033BV820007. The woman from Northamptonshire has £50,000 invested and bought the winning Bond in August 2015. The winning Bond number is 254PS792183. Both women will receive a personal visit from Agent Million who will break the good news. How do Premium Bonds work?PREMIUM Bonds are a savings account you can put money in (and take money out when you want), where the interest paid is decided by a monthly prize draw. You buy £1 bonds and each has an equal chance of winning, so the more you buy, the more your chances improve. Premium Bonds can be bought via standing order for as little as £50 per … [Read more...] about September’s Premium Bond winners have been revealed – have you struck lucky?
Ten years ago you could get more than 5% interest on your savings without trying too hard. That's almost unheard of now, with the best instant-access account paying just 1.3%. All this means that if you want to make money on any cash you're lucky enough to have been able to save, you have to take on some risk or get lucky with Premium Bonds . But while returns on savings are at best tiny, the stock market has been setting new record highs . And that's just the headline numbers. Because buying a share of a company also means you can get a share of any profit it makes. And that means you could make even bigger returns. If you'd put £100 a month in a cash account over the past 10 years, you'd now have £12,105.23. If that had gone in the markets you'd have £15,837.37. But if you'd also taken the share of profits issued by your stocks - known as dividends - and re-invested that as well you'd have now have £19,382.41, Fidelity International calculated. 10 years of … [Read more...] about How to invest
WANT to claim prizes on your McDonald's Monopoly 2018? There's a method to the madness of collecting. Here are the top tips you need to get your claims in and collecting your prize from The Golden Arches with little fuss... How do you play McDonald's Monopoly? Buy any McDonald's item from their summer menu - not saver - and you can peel the stickers off the packaging, with some containing prizes. There are four types of wins, for example with ''Instant wins'' - you can claim a free prize straight away like a McFlurry. Collect to Win game pieces feature a property street or station name and then collect and complete property sets to win prizes. Check out the prizes page to see what you can win and which game pieces you need to complete a set. Keep those game pieces safe, you will need them to show you’re a winner. Latest In Money START THE DAY RIGHT What time do Wetherspoon serve breakfast until? SUPER-MERGER Asda and Sainsbury's are going to merge - what does that mean for … [Read more...] about McDonald’s Monopoly 2018 prizes – how to claim rewards, including Now TV passes and Prezzybox gifts