Results

ERNIE has regenerated for the first time in 15 years, and is using quantum technology to generate random numbers. NS&I has also become one of the UK's first financial organisations to create an Alexa Skill, giving Premium Bonds customers another way to check their prizes.

ERNIE has moved into the quantum realm but over £60 million in prizes is still to be paid to winning Premium Bonds holders.

When we reduced the minimum investment into Premium Bonds to £25 at the start of February, we also reduced the minimum monthly standing order, making it even easier for people to get into the savings habit.

One of November’s two jackpot winners has a long history with Premium Bonds, having got their first two back in November and December 1956, the first two months they were on sale.

This October’s jackpot winner from Dorset may have held nearly £20,000 in Premium Bonds, but the winning number came from a £25 reinvested prize won in October 2010.

At NS&I we have a strong heritage and legacy, built up over more than 150 years. While our legacy includes a strong and much-loved brand, and 25 million customers, it also includes paper-based processes and IT systems developed in a time before digital as we now know it.

As confirmed in today’s Autumn Budget (29 October 2018), NS&I has announced several future enhancements to Premium Bonds, which will encourage a stronger savings habit and boost the opportunity for young people to save.

While losing money is common, with those prone to misplacing things often finding spare change in pockets (66%), bags (37%) and drawers/cupboards (34%), new research from NS&I reveals that 14% of Britons (7 million people) think they may have lost track of a financial product.

At NS&I, we’re passionate about putting the customer first and always strive to make sure that propositions and products are designed around the customer and their needs.