Premium Bond holders will see NS&I’s prize-fund rate fall to 4.15% from 4.4% for its December 2024 draw and beyond. But if you’re a bondholder, you may want to consider moving your cash to an interest-paying account now as the interest rate is already lagging behind rates on standard savings accounts.
MoneySavingExpertNS&I cuts Premium Bond rate to 4.15% – are they still worth it?
October 22, 2024by Jay Shah