More than £103 million in Premium Bond prizes is currently unclaimed, according to the latest data from NS&I. With over 2.5 ...

A saver can cash in their Bonds at any time, making Premium Bonds an attractive option as an emergency pot of funds. Each saver can hold up to £50,000 in Bonds.

As a result, many savers turned to Premium Bonds as a better bet to make a return on their cash. For 2024-25, NS&I has been tasked with raising £9bn – down from £10.9bn in 2023-24.

Millions of National Savings and Investments customers have been warned "it's time" to cash in their accounts and close their ...

Could you be sitting on a cash windfall? £103m in Premium Bond prizes unclaimed - NS&I said, as of June, 11 £100,000 prizes ...

She explained: "The Government’s mandate requires NS&I not to offer higher rates than private sector savings providers. So, ...

A spokesperson said for NS&I: “NS&I has successfully paid out over 99 per cent of all Premium Bonds prizes to our winners ...

Premium Bonds holders should take note that a significant change is on the horizon for their accounts, with less than two ...

Millions of Premium Bonds holders have been urged to "cash in" their NS&I accounts when the rate falls below inflation. With it taking more than three years to win your first prize on average ...

The premium bond's net cash flow of $400 is derived from the 10-year cash flow, or $500, minus the premium paid on the bond which is $1100-$1000, or $100. In contrast, the discount bond's net cash ...

You can cash in I bonds as well as EE bonds (which pay a fixed 2.6% rate for bonds issued from November 1, 2024, through April 30, 2025), after you’ve owned them for a year.

But in the premium bond idea, the government would renew old, expiring bonds at higher coupon rates. Doing so would not technically add to the nation’s debt — if the government previously had ...