planteria wrote: ↑
Sat Apr 18, 2020 8:20 am
a couple of £1m prizes and then the rest are £25s nowadays, is that right?
No, that's not right!
There are still a wide range of different prizes in-between those - from £50 up to £100,000!
https://www.nsandi.com/prize-checker?ta ... panel=tab2
I last won £25 in January and have had fairly poor returns in recent years - certainly no prizes over £25 or bumper years since their records went digital in 2015. On the other hand, could do worse than top-up now after this news they're holding the fund rate.
The 1% Direct Saver from NS&I will also remain better than many variable rate accounts, but isn't the best available, e.g. Marcus/Saga will still be higher even after they cut to 1.20% for existing customers on 7 May.
Their bond rate cuts are still going ahead and quite sharp on some already unattractive rates, e.g. I recently opened an account at 1.65% for 2 years with Ford Money, whilst NS&I will drop from 1.45% to 1.20% next month!