Overview

• NS&I’s August draw ran at a 3.60% prize fund rate with unchanged odds of 1 in 22,000 per £1 bond.
• Financial experts say many savers would be better off with guaranteed rates, citing easy‑access offers up to 5% and examples such as Chase at 4.75% and JN Bank at 4.41%.
• AJ Bell research indicates roughly 14.3–14.4 million people have never won a prize, with average balances among this group just over £100.
• Only 5% of customers hold the £50,000 maximum yet account for about half of all money in Premium Bonds, concentrating the likelihood of returns.
• NS&I reports more than £100 million in unclaimed prizes, as the August draw paid 6,005,404 prizes worth £396,356,500 across 132,118,833,579 eligible numbers.