I HAVE BONDS TO THE VALUE OF TWOTHOUSAND SIXHUNDRED POUNDS STARTING FROM 50 POUNDS TO A THOUSAND POUNDS I HAVE CHECKED BACK TO JANUARY THIS YEAR AND ANYONE WHO HAS PREMIUM BONDS STARTING WITH ZERO WILL NOT HAVE WON A PRIZE FROM ONE THOUSAND UPWOULDS NOT ONE PRIZE SO IF YOU HAVE BONDS BEGINNING WITH ZERO YOU WONT WIN A BIG PRIZE

My advice to anyone intending to invest in Premium Bonds is that they move to Redbridge or Hillingdon. Since retiring 14 years ago I have been checking the monthly winners regularly and am astounded by the number of times holders in these two areas win four and five figure prizes If anyone believes that these numbers are chosen at random, just take a look at this months' winners, then go back over the past few years. There cannot be a luckier place in Britain to buy bonds than those mentioned above. I hold a substantial amount of premium bonds myself and win the odd small pirize, the maximum being £100, and always pay my check into the local Building Society, whose ...  Read the complete review

Premium bonds are a thing many people hold - it used to be quite common for Grandparents to buy them for their grandchildren when they were first born etc., I have a few friends who hold £2 in premium bonds, have held them for 30 years and have won zero in all that time. I had a small amount of premium bonds and won a few £50's over the years then decided to return the little pink form and get my money back (you can do this at any time and they will send you a cheque). The idea is you buy them (now the minumum you can buy is £100 and the maximum £30,000). Anyone over 16 can buy them, but they can be bought for the under-16's by a parent or grandparent. They ...  Read the complete review

Premium Bonds are the best form of gambling- the only type that I know of where you can get your stake back win or lose. Admittedly if you leave the bonds invested for any length of time the value you get back will have been eroded by inflation- but that is still more than you get back if you lose on the lotto, horses, bingo etc. When I was about 10 my father won, what was then the top prize of £1000- that was enough to go on a lovely holiday to Switzerland, buy a new carpet and reinvest £500 into bonds- not like winning the top prize of a million today- but very very welcome- I think it was the first "proper" holiday we had ever been ...  Read the complete review

Premium bonds are not at all user friendly, it takes a month for your money to be invested and there is a long form to fill in both when buying and selling and it is necessary to send paper forms despite all the account details and details of coupons (if any) being available online. Access to the online service is poor with much longer codes needed than with banks plus you can't select your own entire log in info as they want your holder's number. The yield is currently 1.8%, this is historically low in absolute terms but relative to RPI inflation of 0.1% and the low returns available on cash else where this is probably the best time to own them thus ...  Read the complete review