NS&I’s Premium Bonds pay out hundreds of millions each month, but the vast majority of savers have never won a single penny.

From the April draw, NS&I is to reduce the prize fund rate from the current 3.6 per cent down to 3.3 per cent.

New data from finance experts AJ Bell has revealed that 14 million people have never won a prize by having a Premium Bond ...

National Savings and Investments (NS&I) will cut its Premium Bond prize rates from 3.6 per cent to 3.3 per cent from the April prize draw, the government-backed bank has announced today. It will also ...

The maximum holding permitted is £50,000 in Bonds. The study revealed that merely six percent of prizes distributed between ...

Laura Suter, director of personal finance at AJ Bell, said: "The rates on Premium Bonds are now significantly below the top savings rates in the market, meaning savers may be sacr ...

NS&I says it is cutting the proportion of the total invested amount paid out in prizes from 3.6% to 3.3% a year ...

Discover U.K. Premium Bonds, a savings account offering tax-free monthly prize draws instead of interest, backed and secured by National Savings and Investments (NS&I).

NS&I is changing the rules for Premium Bonds soon ...

There has been a huge surge in the number of Premium Bond holders stashing the maximum of £50,000 in the NS&I savings product. Now a record 1.4million savers have the maximum allowance parked in their ...

Premium Bonds savers may be reconsidering their options as major changes to the scheme are soon to take effect. From the ...

Savers can win big prizes in the monthly Premium Bonds draw - but they may also win nothing ...