A woman has told how it took nearly six years to receive £2,000 in Premium Bonds from NS&I after her father died. Tracy McGuire-Brown, from Newbury in Berkshire, said she had a “very long and drawn-out” experience dealing with NS&I, eventually receiving what she was entitled to last month. She …
Read More »Premium Bond Wins Slashed From December
getty National Savings & Investments (NS&I) has announced that the Premium Bonds prize fund rate is to be cut from 1.40% to 1.00% from the December 2020 draw, meaning far fewer prizes will be available and the odds of any £1 bond winning will lengthen from 24,500/1 to 34,500/1. The …
Read More »Got Premium Bonds? Make Sure NS&I Have Your Bank Details Because They’re Ditching Cheques
NS&I says payment direct to bank accounts will be quicker and safer getty If you have Premium Bonds and receive prizes as a cheque in the post, prepare for a big change. National Savings & Investments (NS&I), which runs the scheme, is phasing out paper payments from the December 2020 …
Read More »