National Savings and Investments announces Premium Bond prize rate reduction

express.co.uk

Premium Bonds prize rates and winning odds are set to decrease starting with the April draw. The prize fund rate will fall from 3.6% to 3.3%, and the odds of winning per £1 Bond will change from 22,000 to one to 23,000 to one. Financial experts suggest savers consider alternative investments like cash ISAs offering guaranteed returns, especially with current interest rates exceeding the new Premium Bond rate.


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National Savings and Investments announces Premium Bond prize rate reduction | News Minimalist