Saturday, March 05, 2011

Another Premium Bonds Win!

I won £75 on the premium bonds again this month which is great news. I am also lucky enough to have some money in my account for investing. We have decided to buy more premium bonds as we are doing so well out of them at the moment. This is equivalent to a 2.2% interest rate which is pretty good. However, my husband has some money in premium bonds and his hardly ever win, in fact he is earning only .004% interest. If you add it together a recalculate, the overall interest for both our accounts together is 1.6% which is well above the average and pretty good compared to other very safe investments.

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