MoneySavingExpert
NS&I cuts Premium Bond rate to 4.15% – are they still worth it?

October 22, 2024by Jay Shah
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.
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