NS&I INCREASES INTEREST RATES

More than 1.3 million people will see a boost to their savings as NS&I increases the interest rate on many of its products. The interest rate paid on Direct Saver, Income Bonds, Direct ISA and Junior ISA, will increase from today (21 July 2022). The interest rate paid on Guaranteed Growth Bonds, Guaranteed Income Bonds and Fixed Interest Savings Certificates will also be increasing, effective from 1 August 2022. These products are not currently on sale and the new interest rates are only…

HERE COMES THE SUN – TWO NEW PREMIUM BONDS MILLIONAIRES FROM INNER LONDON AND SURREY

July’s Premium Bonds jackpot winners come from Inner London and Surrey. The first winning Bond number drawn was 210ST236184 and it belongs to a winner in Inner London. The jackpot winner holds £30,300 in Premium Bonds and purchased the winning Bond in August 2013. They become the seventh millionaire chosen by ERNIE from Inner London.

JUNE IS FILLED WITH CELEBRATIONS AS ERNIE TURNS 65 WITH WINNERS FROM ESSEX AND KIRKLEES

On this day 65 years ago, the first ever Premium Bonds draw took place. Today, ERNIE celebrates its 65th birthday and two Premium Bonds jackpot winners – the first from Essex and the second from Kirklees – are both £1 million richer. The £1 million jackpot is 1,000 times larger than the £1,000 jackpot prize was in June 1957. The first winning Bond number drawn was 281YT705546 and it belongs to a winner in Essex. The jackpot winner holds £10,001 in Premium Bonds and purchased the winning Bond…

NS&I RELEASES ARCHIVE IMAGERY TO CELEBRATE 65th ANNIVERSARY OF FIRST PREMIUM BONDS DRAW

  Sixty-five years ago today, the first Premium Bonds prize draw was held on 1 June 1957, with a top prize of £1,000. June 2022 will be the 781 st Premium Bonds prize draw and ERNIE (Electronic Random Number Indicator Equipment), the machine that generates the winning numbers, has now paid out more than 562 million prizes worth £22.9 billion. Today, the top prize is £1 million.

NS&I TO INCREASE PREMIUM BONDS PRIZE FUND RATE

NS&I will increase the Premium Bonds prize fund rate from 1.00% to 1.40%, effective from the June 2022 Premium Bonds prize draw. The odds of each £1 Premium Bond number winning a Premium Bonds prize will also change from 34,500 to 1 to 24,500 to 1. The increased prize fund rate will see an estimated additional 1.4 million prizes paid out in the June Premium Bonds prize draw.

MAY’S PREMIUM BONDS MILLIONAIRES ARE FROM GREATER MANCHESTER AND WANDSWORTH

Thanks to the randomness of ERNIE, a Premium Bonds holder in Greater Manchester and another in Wandsworth will be waking up £1 million richer after winning the jackpot in the May Premium Bonds prize draw. The first jackpot-winning number is 281HY160082 and belongs to a winner in Greater Manchester. The jackpot winner holds £50,000 in Premium Bonds and purchased the winning Bond in September 2016. 092QC393046 is the second jackpot-winning number and the Bondholder lives in Wandsworth. The…