Premium Bonds prize alert for 62% of savers – ‘important to consider’ | Personal Finance | Finance
Figures show 62% of Premium Bond holders have never won (Image: Getty)Premium Bond savers are being urged to reconsider where they park their hard-earned cash as new figures show 62% of holders have never won. Investment management firm, Vanguard, said on Tuesday (March 3) that while 23 million people in the UK hold a combined £135.7billion worth of Premium Bonds, about 14.3 million haven't won.Vanguard put this down to 15.1 million people holding £0 to £100, meaning the probability of winning is "extremely low". It said even those with "significant amounts" have a "very slim" chance of "winning big". The company said Premium Bonds can play a useful role as part of a wider savings strategy, but when money is being set aside for the long-term, it is important to consider whether it could...










