Premium Bonds odds boost as NS&I ‘pulling out all the stops’

NS&I has revealed it will make changes to Premium Bonds from September in a boost to players. The savings giant said the odds will shorten to 21,000 to one, from 22,000 to one.The prize fund rate will increase for the September draw to 4.35%, up from 3.80%.Compared with the August draw, it is estimated there will be mo

Premium Bonds are a savings product where you are entered into a monthly prize draw, instead of getting a guaranteed rate of interest on your money

National Savings and Investments has boosted the underlying rate on Premium Bonds to 4.35% from the next draw. The previous rate was 3.8%.

National Savings and Investments has boosted the underlying rate on Premium Bonds to 4.35% from the next draw. The previous rate was 3.8%.

There will be an estimated £63 million of extra tax-free prizes in September and immediate interest rate increases