Could not subscribe, try again later Invalid EmailPremium Bonds ... do you ditch or stick with Britain’s favourite savings product? Premium Bonds are a savings account with your interest dictated by a monthly draw. For the rest, the Premium Bonds tax advantage has gone. Premium Bonds are only a virtual dead cert, for the few who pay tax on big savings. Even with £50,000 saved, fewer than 10 per cent of people (who don’t pay tax on savings) will match or beat this with Premium Bonds.

Source: Daily Mirror November 18, 2017 21:19 UTC