Premium bonds

They stopped doing cheque payouts a few years ago and now pay winnings straight into your bank account.

Another £175 this month for me.
Ok… didn’t know that, it was only whilst trying to get to grip with a relatives finances I discovered many premium bond cheque stubs..

I won diddly.
Mrs JASR £75
A very poor month
 
What do you guys get as a percentage of outlay?

We're about to come into a chunk of cash and if the ROI is worth it we may fire into these rather than a 'high interest' account.
 
What do you guys get as a percentage of outlay?

We're about to come into a chunk of cash and if the ROI is worth it we may fire into these rather than a 'high interest' account.
Currently works out at about 4.4% but that is by no means guaranteed!
Also, reacts very quickly to any cuts in interest rates. Of course you could always win a large prize which would certainly increase that rate.
 
What do you guys get as a percentage of outlay?

We're about to come into a chunk of cash and if the ROI is worth it we may fire into these rather than a 'high interest' account.
You can go months with nothing and then have a little run as I have. £700 in three months with a £10k holding
And there's always a chance of a prize of £10k or more. No bank will offer you that

If you do invest, stress that you want consecutive numbers
 

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