NS&I has put extra cash into the winners’ pot, but soaring inflation is eroding holders’ cash more quickly
There was good news this week for Britain’s 21 million-strong army of premium bond holders: your chance of winning is about to increase.
NS&I has announced that the premium bond “prize fund rate” – the proportion of the total amount invested paid out in prizes – is being upped from 1% to 1.4% next month.