Premium Bonds have their place though. You can move money in/out much more easily (and without possible interest penalties) than you can with many ISAs.
I used Premium Bonds after taking voluntary redundancy from my previous job. I stuck the payout in PBs and then withdrew what I needed each month to pay mortgage/bills/life/etc. I had a nice summer off doing this and then looked for my next job. Doing this with an ISA wouldn't really have made sense.
I've also better than average luck as I've definitely had >4% returns over the last few years.
Quincy
Premium Bonds have their place though. You can move money in/out much more easily (and without possible interest penalties) than you can with many ISAs.
I used Premium Bonds after taking voluntary redundancy from my previous job. I stuck the payout in PBs and then withdrew what I needed each month to pay mortgage/bills/life/etc. I had a nice summer off doing this and then looked for my next job. Doing this with an ISA wouldn't really have made sense.
I've also better than average luck as I've definitely had >4% returns over the last few years.