Premium Bonds
Premium Bonds are popular tax-free savings vehicles provided by NSI but unlike with traditional savings accounts you dont actually earn interest on them. Every month more than a million prize-winning Premium Bond numbers are chosen at random and two bond-holders pocket 1m each.
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If youre lucky enough to win one of those draws NSI will write.
. Premium Bonds are an investment product created by National Savings and Investment NSI - in which savers are entered into a monthly draw. Bonds Futures CME Group Global Economics Previews Reviews Small-Cap Cryptocurrency Penny Stocks Ratings Analyst Color Downgrades Upgrades. When ERNIE randomly generates winners it doesnt store.
Prizes range from 25 to 1 million tax-free and. Other prizes range from. Instead each 1 bond is entered into a monthly draw with the chance of winning thousands of prizes including the jackpot of 1m every month.
So even though Premium Bonds have been on sale for over 60 years this is why newer Bonds seem to win more frequently.
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