soapdragon Posted November 25, 2015 Share Posted November 25, 2015 Having looked into this sadly its not for me as you have to tie the money up! My ISA is my 'need a new washing machine/boiler/cooker' fund so have to be able to get at it in an emergency and that cuts down the interest rate a bit. Still a cracking rate for those who can tie up a sum! Quote Link to comment Share on other sites More sharing options...
ChookieCaz Posted June 5, 2017 Share Posted June 5, 2017 I've had some for most, if not all my life. Recently, because interest rates have gone down so much and some accounts no longer get interest, my husband and I purchased some more. For over fifty years I never won a penny but recently won a couple of times - £25 each time, though husband still hasn't. It means we have now had a similar or better interest rate than a bank account! Quote Link to comment Share on other sites More sharing options...
AndyRoo Posted June 5, 2017 Share Posted June 5, 2017 My experience with Premium Bonds was that I never won a single thing until I had at least £25,000 in the account. My husband has the maximum £50,000 in there and he still only wins a few hundred pounds a year. Maybe we're just not very lucky people, but my recommendation would be that if you're going to put them in there, have a decent amount. The other thing you could consider is a long-term investment bond? Quote Link to comment Share on other sites More sharing options...
