| NS&I Premium Bonds - Any good???
Have been looking at putting some money aside in some premium bonds.
Main drive is to keep it tax free, i have used up my allowance of ISA's for the wife and I and had some cash in an ING Direct savings account but would have to declare tax on it.
At least with the Bonds route any profit is tax free.
Only problem is i don't think i have ever heard of anyone who has had a decent win on the bloody things, or even the odd 50 quid here and there to be honest.
Anyone got any experiences good or bad they would be willing to share which might help my decision?
I know the million pound prize is now 2 x prize winners every month, it may be my only chance of ever winning such an amount, along with the other billion or so bond numbers out there.
Seems perfectly safe with 8 days notice needed to withdraw any funds without penalty.
Regards
ScottyB |