https://birminghamdaily.co.uk/tags/prizefund/Recent content in prizefund on Birmingham DailyHugo -- gohugo.ioen-usTue, 02 Jun 2026 05:28:51 +0000https://birminghamdaily.co.uk/nsi-announces-premium-bonds-prize-fund-increase-starting-july-1/Tue, 02 Jun 2026 05:28:51 +0000https://birminghamdaily.co.uk/nsi-announces-premium-bonds-prize-fund-increase-starting-july-1/NS&I has confirmed an important update for all 24 million Premium Bonds holders, effective from July 1, 2026. The prize fund rate for Premium Bonds will increase to 3.80%, signaling more attractive prize opportunities for bondholders in the upcoming draw. This change comes after the prize fund rate was reduced in April 2026, when the odds of winning also lengthened. Now, the odds will improve to 22,000 to 1, up from 23,000 to 1, enhancing the chances of winning tax-free prizes.https://birminghamdaily.co.uk/nsi-premium-bonds-prize-fund-rate-set-to-increase-what-holders-need-to-know/Mon, 25 May 2026 19:14:00 +0000https://birminghamdaily.co.uk/nsi-premium-bonds-prize-fund-rate-set-to-increase-what-holders-need-to-know/National Savings and Investments (NS&I) has announced that the prize fund rate for Premium Bonds will rise to 3.80% from the July 2026 draw. This change affects over 22 million holders, who will also enjoy improved odds of winning, with the chance now shortened to 1 in 22,000 from the previous 1 in 23,000. It’s important for savers to understand that the prize fund rate is variable and closely linked to the Bank of England’s base rate.