Banking & Savings: Premium Bond Rate Hits 24-Year High, 27,000 More Monthly Prizes
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Millions of holders will also have increased chance of winning from September in NS&I draw
National Savings and Investments (NS&I) will increase its Premium Bond prize fund rate to 4.65% AER from next month. The rate currently sits at 4% AER, but after this increase it will stand at a 24-year high.
The odds of winning a prize will improve to the best level since April 2008
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