A bond that costs more to buy than its face value is a premium bond. For example, a $10,000 bond that’s trading for $11,000 has a $1,000 premium. You need to pay more for the bond than the ...

The warning from a personal finance expert comes as the rate continues to diminish, making Premium Bonds less attractive for ...

One advantage of Premium Bonds is that any winnings are tax-free, making them an appealing savings option if you have used up your personal savings allowance or your ISA allowance.

The MoneySavingExpert.com (MSE) team have weighed up the pros and cons of Premium Bonds following its recent cuts ...

One of the benefits of Premium Bonds is that all prizes are tax-free, making them an attractive savings option if you've exhausted your personal savings allowances and ISA allowances. However, the ...

“The thing about Premium Bonds is people live the dream in the hope that they’re going to be the person who wins the £1million and virtually nobody will - but that’s why it’s appealing ...