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  • I've had 30k in premium bonds for 9m and am so far earning 2.5% on that

    I think you have had pretty good luck there. The "prize rate", i.e. the actuarial expected rate of return, is 1.4%, but would likely be lower on £10k as you say. Still probably equivalent to north of 2% in a bank account though given you pay tax on interest but not on PB prizes.

  • I do believe they've just increased the prize rate to a cool 1.7% which aint too bad - still similar to the Chase rate floating around at the moment.

    But it'd be cool to win the mil still.

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