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NS&I: Premium Bond reviews

Name: Premium Bond
Rating: 2.97 (137 reviews)

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3.03

Based on 137 reviews, last reviewed 23rd Nov 2024

200% increase in 5 star reviews

in the past 90 days

No new 1 star reviews

in the past 90 days

36%

13%

43%

Latest highest rating:

4

Chance to win big The chance to win big in the monthly draws is exciting and any winnings are paid tax free. Reviewed on: 23rd November 2024

Latest lowest rating:

1

They have not issued the bonds or returned my money... They have not issued the bonds or returned my money ,on going for the past year Reviewed on: 26th October 2024

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About this product

NS&I bond reviews are honest reviews written by people like you. While many people look at the interest rates on offer, what about the NS&I's customer service? Smart Money People is fast becoming the UK's leading source of independent NS&I bond reviews. We need your help! By writing your honest reviews, you can help increase trust and transparency in the financial world.

NS&I Premium Bond reviews (137)

Review of the NS&I, Premium Bond:

Safe and reasonable return

Bought bonds late last year and have had good returns from them since Reviewed on: 11th March 2023

A slim chance...

Considering the pathetic interest rates offered on most savings accounts, Premium Bonds offer the chance of winning a big prize, even if the odds are statistically improbable. Reviewed on: 6th June 2020

They don't make it easy!

NS&I clearly have a deliberate policy of making it as hard as possible for investors to access their investments, as no organisation could possibly be universally staffed by complete morons! Another outstanding example of the improvement in service resulting from privatisation and outsourcing. This should be a national scandal! AVOID AT ALL COSTS! You have been warned. Reviewed on: 12th May 2020

old n outdated

Antiquated procedures & unhelpful staff Antiquated postal procedures and unhelpful staff make accessing your money and accounts virtually impossible. Also the products at NS&I are getting worse as they reduce interest rates and cut down on prizes. Reviewed on: 11th May 2020

Terrible customer service and slow

Terrible customer service and takes such a long time to withdraw funds. Avoid! Reviewed on: 8th May 2020

no wins..

no wins. Had £3000 invested for almost 10 years and have never had a win. Going to put my money else where. Reviewed on: 15th April 2020

Better than a savings account

Easy to use online and earn ore than I would get from interest on a savings account. I don't have the maximum amount in my account, but usually win something every month. Reviewed on: 5th February 2020

Nothing but thieves

Fast enough to take my money but refunding it now that's another matter even after providing ID. Reviewed on: 5th December 2019

Nothing but thieves

Fast enough to take my money. But refunding it now that's another matter. Reviewed on: 5th December 2019

Worst service I've ever received from a bank

Terrible service, keep locking my account for no clear reason. Repeatedly give useless advice, and everything requires posting them a letter and waiting 2 weeks to get anything sorted. Absolutely awful Reviewed on: 4th December 2019

A Great Investment!!

Should you buy premium bonds? The answer is YES! Online buying is simple and secure. The advice I am giving should maximise your chances of winning a prize (£25 minimum) Consider buying in a lump sum, say between £1000 and £10000. For example having a £3000 investment could mean 2 £25 wins a year if you are lucky. That equates to 1.66% interest and of course you can reinvest your prises and NS&I will add 2 £25 bond numbers to your account...easy. With average luck on a £10000 investment you should have 4 £25 wins each year. And of course you have a slight chance of winning a higher jackpot amount but if not and with interest at nearly zero then it is a good secure place to leave your money which you can cash in and receive within 10 days if you want too. It does not give you an income but you can expect to win about £500 to £700 each year if you hold the maximum number of bonds allowed. Best of luck!!! Reviewed on: 12th September 2019

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NS&I: Premium Bond reviews

200% increase in 5 star reviews

No new 1 star reviews

Latest highest rating:

4

Latest lowest rating:

1

About this product

NS&I Premium Bond reviews (137)

Safe and reasonable return

A slim chance...

They don't make it easy!

old n outdated

Terrible customer service and slow

no wins..

Better than a savings account

Nothing but thieves

Nothing but thieves

Worst service I've ever received from a bank

A Great Investment!!

Do you have a different NS&I product?

There's still more to see!

Join Smart Money People

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