Good News for Premium Bond Holders

By Barry Davys - Topics: Premium Bonds
This article is published on: 27th November 2017

Good news for all of you out there who hold premium bonds!

Due to the equivalent interest rate increase recently announced by the Bank of England, NS&I has announced that there will be an increase in the size of the prize fund for the popular Premium Bond scheme. Though this isn’t a real terms interest rate change, it does mean that there will now be more funds available for bond holders to win.

The chances of winning with a single bond will be increased sizeably from 30,000 to 1 to 24,500 to 1.

See below a small table taken from to show the substantial change in prizes!

Prizes           No. of prizes November 2017           No. of prizes December 2017
£1m 2 2
£100k 3 4
£50k 5 9
£25k 12 18
£10k 28 42
£5k 57 87
£1k 1,366 1,660
£500 4,098 4,980
£100 22,190 22,792
£50 22,190 22,792
£25 2,325,993 2,853,919


Article by Barry Davys

If you would like to have an initial meeting and you live in Barcelona or the Costa Brava it can be either a complimentary face to face Zoom call or an in person meeting. To book a Zoom call please choose a time which is convenient for you here. If you prefer a time to visit Barry in his office in central Barcelona contact Barry on or whatsapp +34 645 257 525.

Contact Barry Davys direct about: "Good News for Premium Bond Holders"

    The Spectrum IFA Group is committed to building long term client relationships. This form collects your name and contact details so we can contact you about this specific enquiry. For further information, please see our Privacy Policy.

    If you are in the Barcelona/Costa Brava area

    Click here to contact
    Barry Davys
    If you are based elsewhere

    Click here to contact
    The Spectrum IFA Group