How's your luck with Premium Bonds?

blup said:
It’s interesting to looking at the NS and I figures on the big winners, most holdings seem to be recent and 10k plus. But one of the million pound winners this month bought their bonds in July.
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its a fix!
 
motorbiking said:
its a fix!
Click to expand...

No it’s not.

As interest rates fell AND tax on interest grew, many people put money into PB’s - hence the growth in the number of people with the maximum holdings

Hence my post last month about the number of people with the maximum holding - 1.5 million
 
Murdochcat said:
Problem is saying nothing for us without an indication of holding isn’t helpful as of you only had £5 worth it’s not a surprise, but of you had £50k each it would be disappointing
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£50k for the MiL, just a grand left in our accounts as we took it all out and put it in a savings account (post office) giving us a guaranteed £365 a month, every month and about £4.5k in an account for our son - money given by relatives for Christmas and birthdays etc years ago and just put in there. He has forgotten about it so will come as a nice surprise one day - any winnings is added to his holding.
 
If the government need more cash then how about increasing the max amount to 100k or is it that they dont like to give too much free out in interest.
 
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