How's your luck with Premium Bonds?

[Murdochcat]

"How's your luck with Premium Bonds?"​

Fifty quid, notified yesterday(06th), bit late for them, isn`t it. Most I`ve had this year in one month was a hundred & a twenty-five.

Nothing stopping you checking your holders number on the 2nd working day of the month

 

[Mottie]

Use the NS&I app. Once you’ve set it up with your holders number it’s just one click. You can check it at a minute past midnight if you’re desperate.

 

[JayN]

I just use it keep any excess cash there because it's a bit harder to plunder. Just a parking space. The sums vary between £3000 and £26000, currently I'm sitting at £23500. Biggest win last month £375. This month I got £25. Usually I get £0. It's a scam, the algorith penalises you if you put cash in then out even though the balance stays relatively high. But it's a safe place to protect the money from myself.

 

[motorbiking]

When you say “the algorithm” do you mean the rule that you’ve had to be invested the previous month to count for the next month?

 

[Highway Man]

I just use it keep any excess cash there because it's a bit harder to plunder. Just a parking space. The sums vary between £3000 and £26000, currently I'm sitting at £23500. Biggest win last month £375. This month I got £25. Usually I get £0. It's a scam, the algorith penalises you if you put cash in then out even though the balance stays relatively high. But it's a safe place to protect the money from myself.

This sounds very sensible and look upon it as any additional bonus money is just that. I might do the same as if it is safe it seems a good idea.

 

[Mottie]

This sounds very sensible and look upon it as any additional bonus money is just that. I might do the same as if it is safe it seems a good idea.

Open a Chase account. Instant access and 4.5% interest for a year for new applicants

 

[Highway Man]

Open a Chase account. Instant access and 4.5% interest for a year for new applicants

Is that on savings?

 

[pete01]

Open a Chase account. Instant access and 4.5% interest for a year for new applicants

I've got chase, this is being offered...any good?

 

[Koolpc]

Open a Chase account. Instant access and 4.5% interest for a year for new applicants

Only thing with a chase account is that one is constantly running around after it!

 

[Mottie]

I've got chase, this is being offered...any good?

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Nah. For a start, you can only put a max of £300 a month in there for a year and Its not really 6.5% - over the year it works out about half that. You only get the 6.5% on the first months deposit as long as it stays in for the whole year.