Investment - Articles - Premium Bonds prize fund decrease disappointing for savers

 Today. The full number and value of Premium Bonds prizes for June 2025 vs the new rate in August 2025 are included at the bottom of the email.

 Reacting to the news, Greig Bingham, Head of Financial Modelling at Broadstone, said: “Today’s decrease in the Premium Bonds prize rate will leave many savers will be wondering what this means for their chances of winning.

 
 “The good news is that the odds of winning remain the same: for every £1 you hold, you have a 1 in 22,000 chance each month of winning a prize. However, the odds have shifted towards a greater likelihood of winning at the smaller end of the scale meaning the average effective return will dip slightly
 
 For example, over 80% of the 6 million prizes expected in August will be for £25, £50 or £100. This means the average effective return will dip slightly.
 
 “This will be disappointing for savers and another reminder that, as interest rates fall, people will need to work harder to put their cash to work and earn attractive returns.”

 Number and value of Premium Bonds prizes