Tag Archives: Premium Bonds

Premium Bonds and ERNIE

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Premium bonds are bonds that do not pay interest. They do something much better. You purchase premium bonds and let it sit just like in a savings account. Each month there is a lottery and if your bond number is picked, then you have a chance to win over a million dollars. Over one and [...] Read more
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Premium Bonds and the Northern Ireland Widow

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Premium bonds have been a great way to save money in Great Britain and in Northern Ireland. There is speculation amongst the Irish citizens that most of the prize money is allocated to the British Isle and they are shortchanged on the winning. The cash prizes given out to premium bond holders are based on [...] Read more
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Premium Bonds and the Odds Calculator

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A premium bond is a savings plan developed by the British government to give the common man a chance to be able to save money and at the same time is able to win money in a lottery in lieu of interest. The program is very popular and almost a third of the eligible have [...] Read more
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Premium Bonds and the Unluckiest Man in Great Britain

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There have been many success stories about premium bonds, but there are also some pretty amazing failure stories. Premium bonds, the British way to save money for no interest and a chance to win cash prizes have made many people millionaires and have given cash prizes that will exceed the interest that is given in [...] Read more
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Premium Bonds Have Come Under Fire From Various Groups

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Premium bonds have come under fire from various groups. This government plan to give a saving opportunity to the common man allows people to buy premium bonds for a chance to win a fifty to a million pound cash prize. Unlike American lotteries, the money that you invest to buy the bonds can be used [...] Read more
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Premium Bonds Is Not Considered Gambling by Most

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Premium bonds have come under fire from various groups. This government plan to give a saving opportunity to the common man allows people to buy premium bonds for a chance to win a fifty to a million pound cash prize. Unlike American lotteries, the money that you invest to buy the bonds can be used [...] Read more
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Premium Bonds Or Savings Accounts The Choice is Yours

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There will always be artifically connived controversy about everything including premium bonds and if they are really worth the investments. If you calculate the odds of winning per bond and the interest rates for regular savings accounts, the argument could go both ways. On the positive side a premium bond gives the saver a chance [...] Read more
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Randomness in the Premium Bonds Market

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Some people wonder about the randomness of the premium bonds lottery that is conducted each month. The randomness has been under scrutiny in the past and the National Savings and Interest agency, the people who conduct the lottery are scrutinized by an outside agency to provide security so that winners have an equal chance. The [...] Read more
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Success Stories About Premium Bonds

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Premium bonds are a great way to invest for your future. Not only do you get the chance to store your money in a secure environment but you get a chance to win a million pounds. Some people doubt the system but there is a plethora of success stories that prove that premium bonds are [...] Read more
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The NS&I and Premium Bonds

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Premium bonds were conceived in 1961. It was set up so that ordinary people could save and invest their money if case of accident or death. The original name of the program was called the Post Office Saving Bank. It popularity spread and soon the Chancellor was borrowing money from the funds so that he [...] Read more
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