You are reading a single comment by @frank9755 and its replies.
Click here to read the full conversation.
London Fixed Gear and Single-Speed is a community of fixed gear and single-speed cyclists.
frank9755
hippy
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?