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NS&I: Premium Bond reviews

Name: Premium Bond
Rating: 2.96 (147 reviews)

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2.86

Based on 147 reviews, last reviewed 13th Jun 2025

No new 5 star reviews

in the past 90 days

100% decrease in 1 star reviews

in the past 90 days

35%

13%

43%

Latest highest rating:

5

Premium Bonds are worth holding, I think.... Returns on Premium Bonds are generally average, with the slim chance of above average winnings each month. Winnings are not taxable which is a bonus. Reviewed on: 12th June 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.

NS&I Premium Bond reviews (147)

Review of the NS&I, Premium Bond:

Good return

Good return monthly with upper savings limit. Tax free and money is safe and easily accessible if needed Reviewed on: 23rd February 2024

A better rate now

Have increased the rate so much more competitive. Reviewed on: 30th March 2023

The lottery but free

Better odds than winning the lottery and you don't lose your money if you don't win, what's not to like. Reviewed on: 30th March 2023

Dreadful archaic organisation

Having dealt recently with a number of financial institutions as a power of attorney I must share how terribly disappointed I am with what they put you through at one of the most awful times of life. Make changes and get your staff trained to make a difference of suffer the consequence NS&I Reviewed on: 16th March 2023

Low Risk for ok Return

Low risk way to save money. You don't lose anything and there is the chance you could win something that will change your life. Didn't get anything until I had over 20K invested though. Their website is rubbish and a you still have to fill in a lot of paperwork when dealing with them. Reviewed on: 16th March 2023

Safe Gambling

Money secure and although no interest - the CHANCE you may win BIG is there. Also an average rate ofreturn with wins is also there. Reviewed on: 16th March 2023

Safe and reasonable return

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

Premium bonds you cannot loose

Regular winnings good rates if you have maximum number of bonds Reviewed on: 7th March 2023

A fun way to save

My partner wins more than me but it's all good fun! For us it levels out to be better than interest rates at the moment. The prospect of winning big is a bonus! Reviewed on: 7th March 2023

Premium Bonds

Good returns, a bit of excitement with the chance to win big Reviewed on: 5th March 2023

Terrible Web experience

Definitely the worst website that I've ever encountered. Their developers need changing to make their site useful. This applies to the windows app, Android app and the Apple app. All dreadful!!! Reviewed on: 3rd March 2023

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