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NS&I issues update on cut to Premium Bonds prize fund rate - see statement

NS&I lowered Premium Bonds prize fund rates to 3.8% for April's draw.
NS&I made the change due to shifts in the savings market landscape.
The changes were announced earlier this year and last adjusted January 2025.
An NS&I spokesperson stated they ensure products reflect current market conditions.
Despite rate changes, the odds of winning remained 22,000 to one.

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12 Articles

12 Articles

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NS&I issues update on cut to Premium Bonds prize fund rate - see statement

National Savings and Investments (NS&I) has explained why the Premium Bonds prize fund rate has been cut in April.

1 year ago·Ilkley, United Kingdom

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Plymouth Herald

NS&I update over prize rate reduction amid 'market changes'

Experts have warned more rate cuts could on the cards

1 year ago·Plymouth, United Kingdom

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Plymouth Herald broke the news in Plymouth, United Kingdom 1 year ago on Saturday, April 5, 2025.

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