Premium Bonds

Premium Bonds are a secure savings product issued by the UK government, where instead of earning regular interest, your money enters a monthly prize draw. Each bond, purchased at a fixed price, has the chance to win tax-free prizes ranging from small amounts to large jackpots, with the odds based on the number of bonds you hold. Your capital remains intact, as there’s no risk of losing the original amount, making them a unique blend of savings and gambling. They are suitable for individuals seeking a safe way to potentially earn prizes without risking their initial investment.