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
Premium bonds, the most successful savings program in British history, has given the common man a chance to win up to a million pounds in a lottery based drawing that draws the numbers from the bonds themselves. Other countries are starting premium bond programs but there are distinct differences between them. The forty plus years … Read more
Premium bonds are a great way to invest for your future. Not only do you get the chance to store your money in a secure environment but you get a chance to win a million pounds. Some people doubt the system but there is a plethora of success stories that prove that premium bonds are … Read more
Some people wonder about the randomness of the premium bonds lottery that is conducted each month. The randomness has been under scrutiny in the past and the National Savings and Interest agency, the people who conduct the lottery are scrutinized by an outside agency to provide security so that winners have an equal chance. The … Read more
There is controversy about premium bonds and if they are really worth the investments. If you calculate the odds of winning per bond and the interest rates for regular savings accounts, the argument could go both ways. On the positive side a premium bond gives the saver a chance to win over a million pounds … Read more
Premium bonds have come under fire from various groups. This government plan to give a saving opportunity to the common man allows people to buy premium bonds for a chance to win a fifty to a million pound cash prize. Unlike American lotteries, the money that you invest to buy the bonds can be used … Read more
Premium bonds have come under fire from various groups. This government plan to give a saving opportunity to the common man allows people to buy premium bonds for a chance to win a fifty to a million pound cash prize. Unlike American lotteries, the money that you invest to buy the bonds can be used … Read more
There have been many success stories about premium bonds, but there are some pretty amazing failure stories also. Premium bonds, the British way to save money for no interest and a chance to win cash prizes have made several people millionaires and have given cash prizes that will exceed the interest that is given in … Read more
A premium bond is a savings plan developed by the British government to give the common man a chance to be able to save money and at the same time is able to win money in a lottery instead of interest. The program is very popular and almost a third of have bought premium bonds … Read more
Premium bonds have been a great way to save money in Great Britain and in Northern Ireland. There is speculation amongst the Irish citizens that most of the prize money is allocated to the British Isle and they are shortchanged on the winning. The cash prizes given out to premium bond holders are based on … Read more