NS&I ups total premium bond prize fund to £55m
National Savings & Investments (NS&I) is to increase its annual prize fund rate on premium bonds.
The increase, from 1.3% to 1.35% from 1 August, means its prize fund will increase from just shy of £52m in July to more than £55.5m next month, and its total number of prizes will increase by about 50,000....
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