475 | Premium Bonds real winnings, top savings rates & NatWest switch offer
Cash Chats UK Money & Personal Finance podcast
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The Gamble of Premium Bonds
This chapter explores the unpredictability of premium bonds through real-life examples, highlighting the varying fortunes of three savers each holding £50,000. It discusses how individual luck and prize rates influence the returns on premium bonds compared to traditional savings accounts. The chapter also contrasts these bonds with ISAs, emphasizing the importance of informed saving strategies in today's financial climate.
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Transcript
