Time to cash in premium bonds?

Time to cash in premium bonds?

Author
Discussion

Chris_w666

Original Poster:

22,655 posts

206 months

Tuesday 24th March 2009
quotequote all
Well thats me pulling my money out of Premium bonds. From April 1st 2009 the prize fund will drop from the already low 1.8% to a stupidly low 1.0% of the total invested.

They are also taking away one of the £1,000,000 chances and upping the small prize pots including adding another level of a mighty £25 woohoo or less than half a tank of fuel in most cars.

Clicky for confirmation the country is screwed if even the government backed safe way of keeping your money is offering almost no return.


V8mate

45,899 posts

196 months

Mclovin

1,679 posts

205 months

Tuesday 24th March 2009
quotequote all
i have a few but why cash in....isn't diversification the key in these crappy brown times....