Premium Bonds after a year: Were they worth it?

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Information Premium Bonds after a year: Were they worth it?

Title	:	Premium Bonds after a year: Were they worth it?
Lasting	:	8.02
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Views	:	138 rb

Halifax fixed rate 535 now 2023 sept, guaranteed £530 in 1 year , doh
Comment from : paul coates

Winning? There giving you your own money back Return lol Berny madoff
Comment from : paul coates

Ponzitry get your money out ridiculas, no customer service, internet online sucks
Comment from : paul coates

Poor audio made worse by gabbling Speak more slowly
Comment from : Rob Davis

i use premium bonds to put the fun into an emergency fund Financial planners tell us to have around 3-6 months' worth of expenses in an easy-access savings account in case of emergencies, so having a small amount in premium bonds is effectively an emergency fund that could lead to a big cash win brbrApparently, Nationwide offers a kind of premium bond benefit if you open a savings account with them so perhaps it might even be worth seeing if they're still offering that as it would mean you get interest while having the chance of winning a cash prize, too
Comment from : The Life Story Guy Paul D McDonagh

there are some good interest rates out there right now 5 to 6 brmuch better than premium bonds , even allowing for tax for most people
Comment from : Harry Holt

Rapist police Pedofilic culture cose in arabia that is punished severely Only the west rapes children In effect uk foulbrbrLook at soho prostitution same houses every year Same place Yet although ilegal never disturbed brbrBoycott shady england or b part n parcel to this disasterous situationbrbrBoycott uk now
Comment from : naughty kid

No graphs? fuck me
Comment from : Tyrand

Just want the result? - Starts at 5:50
Comment from : terryterryd

Imagine brWalking into a news agent on the first Saturday of the month ,buying 10 grands worth of lottery tickets and going home brYou sit and watch the lottery results ,and non of your tickets win brSo you walk back to the news agent tell the guy you have bought 10 grands worth of lottery tickets but non won ,so he says on that's not a problem ,I'll give you your 10k back brAnd he hands you back your 10k brAnd you leave his shop brbr4 weeks later you go back and buy 10ks worth of lottery tickets again brThis time you win 25 quid brYou go back to the shop and tell the guy you only won 25 quid brHe says ok brThere is your 25 quid brAnd there is your 10 grand back brAnd you leave the shop with your £10025
Comment from : chris hepple

I've had mine for 59 years and I haven't won anything
Comment from : Ap08llo

Premium bonds are con
Comment from : RC TAZ

I want to be more clear on this topic If I need money Can I exchange them? From where?
Comment from : M Alamin Miah

I have read many comments on here and it seems to me most are hoping to win big I just bought a fixed rate bond 5k with Halifax Not only do i get a good rate of return at 535 i am also entered into their monthly savers prize draw I don't expect to win in their draw however i have 10k in premium bonds and earn no interest and little expectation of winning big I have won several £25 prizes but of late nothing at all Also like others on here i was doing the National Lottery but now invest £25 monthly in premium bonds instead
Comment from : Stewart Rood

My grandmother bought me premium bonds when I was a baby now 68 YRS LATER I havn't won a penny £500 in 1955 was quite a sum If I cash them in I get £500 in 2023 is worth NOTHING A very bad investment indeed
Comment from : MJC

I do wonder how truly transparent or ERNIE PBs really are, as they profess to be
Comment from : Andrew Mallard

I invest in a lot of different stuff, my £25 a month I just look at as lottery tickets that just keep playing for life
Comment from : Jamie Gothard

PBs is a raffle with over 120 billion tickets entered, you do the odds of winning big
Comment from : Mike

Great video I have bonds and I'm very happy with the amounts I have won in the 12 months I've had them Please tell me where you got your hexagonal shelves I love them and I want some
Comment from : FlyBoyGrounded

My sister sent me a message saying she remembered grandfather buying is all premium Bonds back in the 70s anyway she's looked into it and they are sending her paperwork out and if we grandchildren have got in the bonds it's going to be interesting
Comment from : stinky thatsmyname

Hmmm, I was on the fence, now thinking that £10,000 would be better invested in a dividend stock that might pay £800+
Comment from : Quokka Pirquish

If you had put the money into Al Rayan bank for the year you would have made more than £400 so I'm struggling to understand
Comment from : atrixo

Now it's possible to get around 4 for 1 year fixed, I'd imagine unless you were lucky Premium Bonds wouldn't return as much
Comment from : Gerry T

Everyone says it’s rubbish but my mum gets a pretty good return on it companies to savers and low risk shares
Comment from : Helen McConnell

in the ‘old’ days, last century, you use to have to wait 3 months before being entered into the draws 🤔
Comment from : ric

I had 22400 for nearly 4 years No win at all Cashed out last Christmas and put into an interest account
Comment from : John Titor

Great video so I guess the more you put in the better chance you have to get prizes?
Comment from : Random Bus & Train vids

The biggest advantage I see to Premium Bonds, is that it puts your money "Just" out of spending range If you need the money back you can get it quickly, but its far enough away that your not to tempted to spend it Plus you can also win prizes
Comment from : Chris F

I had £2000 in my premium bonds and won £75 in just a little over a year
Comment from : Boris Johnson

I like the app but they should show you your current balance Why don't they Is it because people would be more likely to take it out? 🤔
Comment from : Nick Copperbottom

I'm planning to switch to bonds I have only been doing ¢rypto but I believe bonds have way less volatility I don't get so much from the videos online🤦‍♀🤦‍♀ I'll need some guidance
Comment from : Liam Welsh

Premium bonds are a decent option to keep easily accessible funds but a stock & shares ISA diversirly invested in products such as index funds is much better for long term growth
Comment from : NH

The best savings account I’ve got My winnings, which I re invest out performs any of my other savings accounts I have Only £25 winnings each time but seem to win more times a year than not 7 lots of £25 last year
Comment from : Paul Perrin

When I was born my grandfather kindly put £1000 into premium bonds for me I guess premium bonds were a new thing and he figured the tax free winnings might just be worth it In my mid 30's I eventually sold the premium bonds I'd "won" almost nothing over the years (about £100) and I received the £1000 back as a lump sum That £1000 in 1963 should of been worth about £10K with inflation etc Maybe I was just unlucky but I'd say you'd have to be insane to put money into premium bonds
Comment from : Michael Robinson

Hi, in your opnion - what would you recommend if the sum being invested around 70k? (I cant put it into land/property/assets as i need access to it immediatley when the time comes)
Comment from : Avtar Singh

I’ve got around £7k for less than a year and I’ve managed to get 2 x cheques of £2500 and £5000 once
Comment from : LogicPak

I had £5000 for 5 years and won £25brIt's pure luck
Comment from : Christopher Smith

I won £10000 in June
Comment from : Paul R

So you lost 8 to inflation They are going to have to increase the win pool from the current average level which I think is 1
Comment from : Mark Lydon

I don't know if I am lucky or what Ever since I start reinvesting and buying £200 premium bonds every month, I win a £25 or £50 prize several times a year For 2022, I won in March, May, June and July a total of £175 Just wondering if I should invest the maximum amount and keep less in savings
Comment from : KAXAR

I bought £100 of premium bonds 20 years ago won £25 so far! Does anyone know if they have increased in value maybe? I know it's only pennies but just curious
Comment from : cocojojomarmie

lol i only have won £25 thats it lol but i didnt put the money in my grandad did for me
Comment from : Zodiac Forest

I’ve invested 20k at end of March and my first draw on 4th May I won 2 £25 prizes 👍 so fingers crossed👍
Comment from : MiniMan 7

People always win when they first deposit into premium bondsbrIt's to encourage you to keep your money invested with nsandi
Comment from : virus infected scrubber

You just have to be lucky to get a good returns
Comment from : Jaanika Teider

Can't put my money in bonds, very low interest rate with inflation affecting it too For £50k not even up to 1 For me I don't think it's worth it, I prefer investing in a place that will get reasonable returnsbrI’m currently building my finance and increasing my portfolio in the mean time with other source
Comment from : Lucy Scotts

Can you explain Holding vs Bond Value? When I am looking at the table of winners, there are these 2 columns and I cannot understand what each is for
Comment from : Kushal Shah

Are the big wins like hundreds of thousands or one million actually generally possible ? I've never heard of anyone winning a large amount in one month !
Comment from : The green avenger

Likewise, I put an initial £10,000 in and won £200 in the first year Significantly more than in a bank I have subsequently won more than I would have got in interest from a bank
Comment from : Michael Bright

I've had 1000 in premium bonds for 5 years and got nothing
Comment from : Unstable Alpaca

Came across your channel purely by accident but so glad I did now! You got a new subscriber 👍🏻
Comment from : Jon Matthews

Would there be a cost to withdraw your balance after years of investment?
Comment from : Terry Locke

Well how much was the second investment??
Comment from : Turnitaround

Thanks to inflation you are getting a negative real interest rate whether you invest in bonds or savings accounts
Comment from : keddaw

My return over the last 5 years or so ha been near 2 most years Guess I'm lucky I even won £1000 one month last year
Comment from : AMG Lover

6:25 well it didn't work for you now did it, you should buy gold instead of kissing the ass of the bank
Comment from : THAT GUY THAT WAS CALLED PAINSEY

My opinion I think the £25 prizes are sweetners and not from the draw 🤔
Comment from : John Barker

My Dad done £2000 of premium bonds and had them about 8 months he got two 25 pounds
Comment from : pagrant

If you have your winnings reinvested the new bond will go into the next months draw
Comment from : David C

I get about a 1 return on my bonds and reinvest my prizes Hopefully the prize fund will increase with interest rates picking up a little
Comment from : Jim Flynn

It's the same old thing 'luck' I've had bonds since I was child (70 years) and never won a penny
Comment from : Oscar Lodge

Bonds pay 1 it's stated in their terms The rest is down to chance - no need fo r a video unless you are stupid
Comment from : Gren

Congrats, you’ve managed a real return of -45
Comment from : Nick L

What trading platform do you use I would like to put some money in a tracker fund but not sure where to start
Comment from : Sam Rix

40 years and no win!
Comment from : Peter Lewis

Andy, i have some inheritance coming in Are premium bonds the best option ? I am retired, i do not want to risk, stocks or precious metals Your point about easy access savings is what i have found I checked with my bank, and on the QT, the bank advisor actually put me onto PB, which is how i came to your channel The amount will be around £30k, should i invest all of that on PB, is there any risk ?
Comment from : The Old Wargamer

lucky you
Comment from : john hughes

NS&I reviews on trust pilot are worth a look …… From personal experience I can say I was very relieved when I got my money back
Comment from : Dis Hobie

Growing up in the 80s and 90s used to win regularly £100 £500 sometimes a£1000 , only £25 these days
Comment from : Steve S

Bought Premium Bonds years ago as a pie in the sky venture as the interest rate from the banks was a joke!brUsed to get regular wins, but once they halved the payout amount they gradually dropped and with the current situation in the UK they have virtually stopped Not what they used to be and with the current situation in the world I would spend and enjoy your money
Comment from : Luvleyjubbly

Down the pub is easier - and you can eat the prizes
Comment from : Brendan Scully

Not only up on a savings account, but a chance of winning big time Also PBs are tax free
Comment from : Rog5446

I have 50k in and I’ve had them for 2 years and I have won £550 each year
Comment from : zxrcol

Well more you buy the better your chances, but not many people can afford such a sum I got £20 worth in 1962 and won nothing so my advice is steer will clear of this con trick if you are poor
Comment from : Kenneth Bowry

I've averaged just over 15, so I'm happy
Comment from : tom kent

Did you buy £10,000 at once with all consecutive numbers or spread through several applications to vary the numbers? And would that make any difference to frequency of wins?
Comment from : MDA

My goodness you lot are easily satisfied, just check out any boot sale on a summers morning you would double your money by selling any old tack, but i guess that would feel like work
Comment from : JUNG Somewhat

I have the max in bonds In the last 14 months I have won £62500
Comment from : Stratboy999

8 minute video could have been condensed into twobrbrI like how you explain what a years is I've struggled with this for decades
Comment from : cype man

I track both my and my wife’s Premium Bonds and have done over a number of years Usually sits at about the 140 to 141 return iand/i there’s a chance of winning something big Not a big chance, but a bigger chance than in the bank 🙂
Comment from : Iain H

Hello Andy great video as expected, I have a £1000 premium bond from 1984 any suggestions how I can check if any winnings are on it? there is no holder's number on it
Comment from : Mike Andrews

I had £10k worth of Premium Bonds for a year Winnings? £0 Absolutely nothing Based on my experience, I wouldn't bother
Comment from : David M

Not long after starting bonds i won a £50000 so by the end of the year I was at about £1000, normally ranges between £0 and £7500 on average
Comment from : Zed Zed

yeh i generaly win £50-100 each year on my bonds, savings accounts are a waste of time at the moment I just re-invest it automatically into more bonds each time i win
Comment from : David Bateman

When I was saving the deposit for my home I tried the premium bonds It took me two years to save £50K deposit all of which I saved in premium bonds I didn't win a single penny
Comment from : Andy Freestone

Disgusting, I ve had £25 in premium bonds since my dad bought them for me in the 1960`s when I was a kid, I ve won nothing since due to the fact that the rules allow people buy them as investments - They should of changed the rules to allow a purchase limit of £100
Comment from : whu58

Nope,had£10K in them for 40 years & won fuck all
Comment from : geoff wyness

My wife and I both have the full amount allowed £50k one of us will win something most monthsbrThey are drawn on the second working day each month, and is something to look forward tobrAnother reasonably investment worth looking at are the Government Bonds You can't touch the moneybrfor three years once invested, but it does give a fair rate of interest
Comment from : tectorama

Really when inflation is well over 5 you should not be putting your money into Premium bonds Yep there might be the rare particular case where it makes sense but Andy please try to ensure you let people know they LOSE LOSE LOSE with premium bonds Your better off buying tins of food and storing them
Comment from : David Dawson

It’s also worth noting that the wins on the Premium Bonds are also completely tax free For me they have been a great investment over the past 3 years
Comment from : paulw1113