What you'll win over a year with average luck, based on the 4% rate
Amount saved in bonds Median average winnings Equivalent prize rate
£100 Nothing 0%
£1,000 Nothing 0%
£10,000 £325 3.25%
£25,000 £850 3.4%
£50,000 £1,750 3.5%
"If you won't earn over the personal savings allowance, and have average luck, Premium Bonds are unlikely to beat top savings"
Do pension earnings count in the PSA? Shirely not?
wence
Regarding Premium Bonds
https://www.moneysavingexpert.com/savings/premium-bonds/
Sounds safe, but also, shitter than leaving in a bank on average, unless you've already maxed out other saving options (PSA)
What you'll win over a year with average luck, based on the 4% rate
Amount saved in bonds Median average winnings Equivalent prize rate
£100 Nothing 0%
£1,000 Nothing 0%
£10,000 £325 3.25%
£25,000 £850 3.4%
£50,000 £1,750 3.5%
"If you won't earn over the personal savings allowance, and have average luck, Premium Bonds are unlikely to beat top savings"
Do pension earnings count in the PSA? Shirely not?