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Numbers are entered in the draw each month, with an equal chance of winning, until the bond is cashed. As of 2015, each person may own bonds up to £50,000. [4] Since 1 February 2019, the minimum purchase amount for Premium Bonds has been £25. As of January 2025 there are over 128.7 billion eligible Premium Bonds, each having a value of £1. [5]
Premium bonds are an investment product from the National Savings and Investment (NS&I), which is owned by the government. Each month, millions of savers are entered into a prize draw to win cash ...
Everything you ever wanted to know about Premium Bonds and their history since the first draw 65 years ago. ... Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ...
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National Savings and Investments (NS&I), formerly called the Post Office Savings Bank and National Savings, is a state-owned savings bank in the United Kingdom. It is both a non-ministerial government department [2] and an executive agency of HM Treasury. [3]
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These assume the 2.6 percent rate the government pays for bonds between Nov. 1, 2024 and April 30, 2025. That rate may go up or down on May 1, 2025. Interest rate