30 years of Premium Bonds £1 million jackpots

Thirty years ago the first £1 million jackpot was made on 1 April 1994 528 people have now won the £1 million jackpotOver £30 billion has been won by Premium Bonds holders since the first prize draw in 1957 April 2024 winners are from London and the Highlands and Islands April 2024 marks the 30th anniversary of the £1 million Premium Bonds jackpot, with ERNIE awarding over 500 Bond holders the life-changing sum of money.

New NS&I Board appointments

The Economic Secretary to the Treasury has announced today (18 March 2024) a number of appointments to the National Savings and Investments (NS&I) Board.Gerard Lemos CMG CBE has been appointed as Chair of the NS&I Board, ahead of the term of the incumbent chair, Ed Anderson CBE, coming to an end in June 2024. Luke Jensen and Melanie Moreland have also been appointed to the Board as non-executive directors (NEDs), as one of the current NEDs, Jill Lucas, also steps down from the Board in…

Budget announces NS&I 3-year fixed-rate Bonds and new 2024-25 Net Financing target

3-year fixed-rate British Savings Bonds announced in Spring Budget to go on sale in early April 2024Q3 2023-24 Net Financing of £2.8 billion2023-24 Net Financing whole-year forecast of £10.9 billion (excluding Green Savings Bonds)2024-25 Net Financing target: £9 billion (+/- £4 billion)Announced in today’s Spring Budget, NS&I will be releasing 3-year fixed-rate British Savings Bonds in early April. The Budget also announced the new Net Financing target for 2024-25.

Two Premium Bonds holders from West Sussex and Hampshire celebrate £1 million jackpot win

March’s jackpot millionaires are from West Sussex and HampshireOver 5.8 million prizes drawn this month worth over £451 millionTwo £100,000 prizes go to winners in South West Wales and Leeds with holdings of £100 eachERNIE has two Premium Bonds jackpot winners from West Sussex and Hampshire this month.

Two Premium Bonds holders from Dorset and Wandsworth hit the £1 million jackpot

February’s jackpot millionaires are from Dorset and WandsworthStart a savings habit by investing as little as £25 in Premium BondsOver 5.8 million prizes drawn this monthThis month's £1 million Premium Bonds jackpot winners come from Dorset and Wandsworth, with Agent Million paying special visits to both winners to deliver the life changing news. In February there were more than 5.8 million prizes worth more than £475 million available.

New Green Savings Bonds Issue at 2.95% gross/AER

Issue 7 of Green Savings Bonds is released today at a fixed-rate of 2.95% gross/AER over a three-year fixed-termMoney invested in Green Savings Bonds helps finance green projects as part of the UK Government Green Financing FrameworkFunding raised is outside of NS&I’s Net Financing targetA new Issue of Green Savings Bonds has been released today paying 2.95% gross/AER fixed-rate over a three-year term (previous Issue was 3.95% gross/AER).


 New 4.40% prize fund rate for Premium Bonds from March 2024 drawOdds remain the same at 21,000 to 1 for each £1 BondNS&I required to strike a balance between the interests of savers, taxpayers and the broader financial services sectorNS&I is reducing the prize fund rate for Premium Bonds from 4.65% to 4.40% from the March 2024 draw. The odds of any £1 Bond number winning a prize will remain the same at 21,000 to 1.