New headlines this week claim that the Premium Bond prize rate is set to drop for a second time this year, with the odds of winning now just one in 22,000. But some rival banks and savings accounts are now offering prize draw incentives to customers, which could give you a better chance of a windfall. Finance expert Laura Pomfret talks though some of the top accounts currently on the market and explains when putting any spare savings into a higher interest savings account could be a safer bet. |
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New headlines this week claim that the Premium Bond prize rate is se…
118.5K viewsFeb 21, 2025
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Premium bonds investors bought and held over a half a billion more bonds in this month's draw compared with last month's - the highest increase in more than a year. Our finance expert Iona Bain explains if they're a good investment, and how a high-interest savings account might be better off depending on your circumstances. Plus, if you're struggling to save money - she shares the government scheme that could help if you're on a low income. To watch this with subtitles, search for Morning Live o
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There are over £106 million in Premium Bonds currently sat waiting to be claimed, with over 24 million people holding them in the UK. Rip Off Britain presenter Louise Minchin explains the pros and cons of investing your money and how to check if you are a winner. To watch with subtitles, go to iPlayer and search for Morning Live from 15/09/25. | BBC Morning Live
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