Fun Facts and Myths about Premium Bonds

There are many web pages dedicated to successes of the premium bond program in Great Britain but there are also some false facts that are circulating around the net that gives premium bonds a bad name and puts out false information that would keep some otherwise wise investors from even purchasing their first bond. This … Read more

The NS&I and Premium Bonds

Premium bonds were conceived in 1861. It was set up so that ordinary people could save and invest their money if case of accident or death. The original name of the program was called the Post Office Saving Bank. It popularity spread an soon the Chancellor was borrowing money from the funds so that he … Read more

How to Claim Your Premium Bonds Winning

Premium bonds are a great way to save money and at the same time have a chance to winning up to a million pounds. Each one pond bond has a unique number on it that is put into an automatic number generator machine that produces numbers for a monthly lottery. If your number is picked … Read more

If American Adopted the Premium Bonds Program

The British have found a unique way to invest their money. By buying premium bonds the citizens of Britain can enter their bond numbers into a lottery each month and have a chance to win over a million pounds. There are millions of other cash prizes that awarded to the bond numbers drawn and this … Read more

What is a Premium Bond?

The United Kingdom has a unique way to insure bonds that is very different than the government bonds you buy from the United States. In the United States you buy a bond and after ten or twenty years the government will pay back the original money invested and add interest. For example a twenty year … Read more

Premium Bonds and the Difference Between NSI and Banks

When looking for investments such as premium bonds, you might be confused by the difference between a bank and the National Savings and Investments. Banks are usually private institutions. When you save you receive an interest on your money. The interest is determined and set by the bank which generates profit off of your money. … Read more

Why is It Smart to Invest in Premium Bonds?

Most people invest their money in savings bond or the stock market. Premium bonds are a good way to invest your money and have fun at the same time. Most savings plans give you set interest rates overtime and unless you have a lot of money invested, it really doesn’t make that much money for … Read more

Premium Bond and ERNIE

Premium bonds are bonds that do not pay interest. They do something much better. You purchase premium bonds and let it sit just like in a savings account. Each month there is a lottery and if your bond number is picked, then you have a chance to win over a million dollars. Over one and … Read more