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NS&I: Premium Bond reviews

Name: Premium Bond
Rating: 2.94 (142 reviews)

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2.87

Based on 142 reviews, last reviewed 5th Feb 2025

100% decrease in 5 star reviews

in the past 90 days

200% increase in 1 star reviews

in the past 90 days

35%

13%

44%

Latest highest rating:

5

I'm so happy I usually don't write comments, I just read some few reviews and go my way, but it will be a heartless act seeing people talk about their ugly experie... Read more Reviewed on: 25th November 2024

Latest lowest rating:

1

Can't withdraw my money. Can't withdraw my money. Absolute disgrace. Reviewed on: 5th February 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.

NS&I Premium Bond reviews (142)

Review of the NS&I, Premium Bond:

Great investment

Easy to use, may not pay the best rate overall but always the chance of getting a huge return Reviewed on: 18th June 2023

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

Chance of a big win

Easy process to buy and have the chance of a big win. money fully secure as backed by government Reviewed on: 29th August 2015

A chance of a huge win without losing your investment.

Premium Bonds are perhaps the most fun investment product the government can provide. Your money is backed up with government protection and there are numerous chances to win a month. I regularly win £25 a month. The average interest rate is never going to top the best buy tables but it is a solid investment with the chance of a £1 million prize each month. Reviewed on: 28th August 2015

Easy to purchase, fun and simple

I have held Premium Bonds for a few years and enjoy doing so. My experience of using the National Savings and Investments website to monitor and purchase more bonds has been a positive one. Once logged in, navigation is quite simple. I am able to monitor the bonds I have purchased and view transaction and prize history. Purchasing new bonds is simple. You can set up a standing order or deposit a lump sum. Winning prizes comes down to the number of bonds you hold and pot luck. At the end of the day holding premium bonds is a fun investment that protects your original capital and gives you the chance to win cash prizes monthly. Reviewed on: 26th August 2015

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