A reader wonders whether their premium bonds could attract a tax charge when they are inherited ...

Prizes won in the Premium Bonds prize draw are tax free so could I gift Premium Bonds for each of my four grandkids, putting the maximum £50,000 in them for them to accumulate prizes tax free?

From August onwards, the prize fund rate has been reduced from 3.8% to 3.6%, substantially lower than the 5% interest ...

Suter said premium bonds are often given to children as a gift by parents or grandparents but there could be better ways to ...

More than £100m of premium bond prizes remain unclaimed amid criticism that the government-owned bank which operates the savings scheme is not doing enough to find the winners. Among the 2.5 ...

Premium bonds operate in the same way as a lottery, so you could hit the jackpot or never win a single prize. The prize fund rate has been cut significantly from highs of 4.65% in 2024; the odds of ...

NS&I has provided guidance on how to claim Premium Bonds winnings. The advice came after a customer reached out to Lloyds ...

The maximum amount you can save in premium bonds will rise by £10,000 to £50,000 on Monday 2 June, only the second rise in ten years. It is expected to lead to a flurry of deposits as loyal ...

If you don’t have your Premium Bonds number to hand, do not worry. You can use your NS&I number on the app to check for prizes – it is 11 digits long and starts with an 11, 21, 31 or 41.