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

The risks of relying on Premium Bonds were laid bare in a recent report in The Times. It highlighted Robert Walker, 80, from ...

There are much better places to grow your funds, experts warn, especially after the Bank of England cut interest rates ...

From August onwards, the prize fund rate has been reduced from 3.8% to 3.6%, substantially lower than the 5% interest currently offered by leading easy-access accounts. This means a person holding £20 ...

More than £100m of premium bond prizes remain unclaimed amid criticism that the government-owned bank which operates the ...

So the answer here is: no, there’s no tax penalty and no urgency to cash them in. Enjoy the small thrill of the prize draw, rest easy knowing the money will pass on smoothly, and let them keep working ...

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

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

You can open them for your relatives, but it is not as simple as funnelling the maximum £50,000 into Premium Bonds for your grandchildren and being able to pass on all of the money to them tax free.

The latest NS&I one-year Growth and Income bonds pay 4.18 per cent, so it's worth seeking more rewarding deals. On a balance ...

National Savings and Investments (NS&I) is urging customers to come forward to claim £100m in Premium Bond prizes. A ...

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 ...