Premium Bond prize rate slashed by NS&I meaning less prizes up for grabs
The prize fund rate - which is often described as the the nearest thing Premium Bonds has to an interest rate - will be cut from 4.65% to 4.40% from March 2024
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The prize fund rate - which is often described as the the nearest thing Premium Bonds has to an interest rate - will be cut from 4.65% to 4.40% from March 2024
The prize rates offered on Premium Bonds could fall, after the Chancellor froze the National Savings & Investment (NS&I) fundraising targets.
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