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Premium Bonds - Chances Of Winning Reduced

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Mass_Hysteria | 21:42 Tue 23rd Jul 2013 | ChatterBank
8 Answers
Anyone with Premium Bonds as an investment may be interested in this..

http://www.bbc.co.uk/news/business-23418034

I recently invested in PB's as interest rates elsewhere are cr*p
Now my chances of winning from August are less!! May just leave it under the mattress!
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I started investing in Premium Bonds a few months ago and have been quite happy with the results. Didn't know about these changes.
Had some right from the beginning. Never won a thing and don't exactly know where they are at the moment. In a safe place I expect.
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Same as Meg, won £25 in my second month with £5000, which is a better interest rate than my ISA is going to get, now got £15k into the August draw, fingers crossed?
I was bought P/B when they were introduced back in the 50's and have never won a penny.
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Even with the reduced chances I still think it is better than a BS and any winnings are TAX FREE!
I have won £25 about 12 times since Jan 2011, have had pb's for about 15 years and have won regularly over that time, most being £100. So I consider I have done ok with them
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Apparently there are £m's of unclaimed prizes for those who have had bonds for years......check it out

http://www.nsandi.com/contact-us-helpful-information-faqs-how-do-i-track-down-unclaimed-or-forgotten-savings
only had a few,won 2/3 prizes,£50 = £100 as an early teen,bought a pony(40 years ago)no longer the PB's or the pony.step-son's had several £25's

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