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NS&I: Premium Bond reviews

Name: Premium Bond
Rating: 2.94 (144 reviews)

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2.80

Based on 144 reviews, last reviewed 6th Mar 2025

50% decrease in 5 star reviews

in the past 90 days

50% increase in 1 star reviews

in the past 90 days

35%

13%

44%

Latest highest rating:

5

Safe but worth it as interest rates rise? Used to be a dead cert for somewhere to keep money safe when savings interest rates were next to %zero. Now savings rates are returning a sum of sorts... Read more Reviewed on: 27th February 2025

Latest lowest rating:

1

40k in premium bonds for 5 months and only won £175. 40k in premium bonds for 5 months and only won £175. 3 months won nothing. Much better off in shares or high interest savings account. Reviewed on: 6th March 2025

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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.

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NS&I Premium Bond reviews (144)

Beats standard interest rates

With interest rates so low I wanted some way of boosting my savings without any risk. I have £3k in bonds and have won once in 6 months netting me £25. This beats the poor interest earned on the same amount in my isa plus there's a chance of winning bigger. Reviewed on: 28th March 2016

no wins

money is safe but have got £1000 invested and have never had a win. Still there is always hope and I shall leave it there Reviewed on: 24th December 2015

still hoping

easy enough to buy although you have to hold them for a full month before they go in the draw. Its a bit of fun rather than a proper investment but the money is safe and theres always a chance of a big win Reviewed on: 24th December 2015

live in hope

It was easy to buy the premium bonds. Return not good as I have £1000 worth and am still waiting for a win Reviewed on: 31st August 2015

Not a great return

I have invested a reasonable amount in premium bonds among other products but this is has to have the worst return,I have only won 3 prizes in 18 months. Reviewed on: 31st August 2015

stand a chance of a big win

easy to buy but you don't go into the draw until you have held bonds for over 1 month. There is always the chance of a big win and your money is safe Reviewed on: 31st August 2015

A little return with a bit of fun

Having held premium bonds for a number of years my return is around 1-1.5% per year on my holding.I enjoy getting the cheques for £25 and the hope i may win a better prize but there are certainly better deals around if you want better rates, but for most the thrill is worth the small loss in interest. Reviewed on: 30th August 2015

fun , but don't expect a win too often

Bought £5000 worth of bonds 2 years ago and have only had 2 wins, each of £25. Not a good return,but at least money is safe Reviewed on: 30th August 2015

stand a chance of winning

Easy to buy, but you don't go in the draw until you have held them for over 1 month. Chance of winning anything big is really small Reviewed on: 30th August 2015

Could have a big win

Money is safe as backed by government. Could have a big win but so far all I have managed is £25 Reviewed on: 29th August 2015

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