Premium Bonds prize rate cuts - are they still worth it?
Update: 2025-08-21
Description
Premium Bonds have had their prize rate cut again the third time this year. With 24 million people holding £130bn in them, are they still Britain’s favourite savings product, or just ‘lottery-lite’? Holly Mead is joined by The Times’s George Nixon, financial planner Rosie Hooper, and NS&I’s Andrew Westhead to ask why it's happening and whether Premium Bonds still deliver more than just excitement!
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