Mike C

iTrader: (1)

Anyone into them?

I'm looking for somewhere risk free to put £20k for probably 6-18 months.

What's the likelihood of me winning anything worthwhile on those? I don't need to, but at the same time it would be nice!

B16JUS

not really won much in the last few years but secure and guaranteed return of investment

Mike C

iTrader: (1)

Apparently I'm reading that on average, £20k will get you 10 prizes per year. Probably only £50 each time, but still.....

B16JUS

if it does happy days i think ive had 2 wins in a year max

my dad has had a few more but nothing big

paulj

i put 30k in 12months ago,lucky sod,i`ve won every month
total of £1700,

cheers paul

Mike C

iTrader: (1)

Not a bad return bearing in mind the lack of risk!

gus

iTrader: (1)

do you earn interest on them?

or do you get out only what you have put in? plus winnings if lucky enough

everytime i think about buying in i run out of work

Retro Al

iTrader: (1)

No interest,i had a fair whack in them didnt win fuck all for ages so i cashed them in

1.9 xr2 on 40's

is there any way to find out of you have any?
i think im sposed to but no clue

TOMMY_RS

my mum won £50 the other day lol

rs-tuner

iTrader: (1)

better of putting it in the highest intrest account you can find then you are guranteed a return

PT

I just stuck 12k in them. The interest is so wank in any savings account so why not have a punt. Might win a mill

jammerrs

give it me, ill spend a bit on scratch cards and you might win

morrismuscle

mmm ive got 20 k stashed away i might have ago myself good idea

RS500/364

£5k
and 4 wins
£25
£50
£25 about the same as the bank interest and only got them nov

Darylc.

iTrader: (1)

what are these? Are they actually worth it or is it a risk?

Thanks

Big G

Woman I rent the garage off put the max in (£30k?) as she had to shift some money, she gets something back virtually every month.

Whatever you put in, be it £100, £1000, £10000 etc when you claim them back, you will get that sum back be it, 1 year, 5 years or 10 years etc.
If you want to put a few K away for a few years then there are interest accounts out there that will give you a decentish return, short term then Bonds may do something for you.

foreigneRS

i would put it into something like nationwide ebond for a short term or look around for something similar for slightly longer.

Mike C

iTrader: (1)

I'll look into that as well!

rog

iTrader: (2)

Defo worth it, as a means of saving, ok it's not guaranteed you'll win but ANY type of saving is a good idea. I've got 4k but i've only ever won about 50 quid. Folks have both got the maximum amout, they win every month as far as I know.

daviddunlop83

iTrader: (7)

I had one for 6 years, guaranteed do give back min 15%, dec 2008 got letter saying estimated 49% it was going to return, tne the arse dropped out of it and i only got back my min 15%, better than nothing but was hoping around 50% mark minus tax obv.

Chip

iTrader: (3)

I got bought a 1 pound bond by an uncle 35 years ago when I was born, within a few weeks it won 50 quid, thats about a "gazzillion" percent APR in that very restricted example

The larger the number of them you have though the more predictable the "winnings" become, and if you are talking very large volumes you can predict to within fractions of a percentage how much you will earn, just like rolling a million dice you will get almost exactly 3.5 million as a score.

Mike C

iTrader: (1)

I had a fiver's worth when I was born. Recently checked it out online and I've won the grand total of fuck all!

R4N SS

iTrader: (6)

how do you win?

Mike C

iTrader: (1)

Monthly prize draw.

Apparently, with average luck, the maximum £30k would get 15 wins per year, which is obviously more than 1 a month. So people with the max saying they win something every month is pretty expected really.

maxmk5fiesta

I've got 3k in Premium Bonds and ive won 1k once and £50 twice thats over about 10 years though lol

fiend

iTrader: (1)

A calculator to work out how much you might win by how much you have invested...

http://www.moneysavingexpert.com/sav...ds-calculator/

Your also able to compare it to how much you would receive in return from an ISA.