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The Independent UK
The Independent UK
Business
Molly Greeves

Are Premium Bonds still worth it with another prize cut and worse odds coming in April?

Bonds Chase NSI

National Savings and Investments (NS&I) will cut its Premium Bond prize rates from 3.6 per cent to 3.3 per cent from the April prize draw, the government-backed bank has announced today.

It will also lengthen the odds of each £1 bond winning to 23,000 to 1 from 22,000 to 1.

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