Premium Bonds boon for savers after major NS&I £1bn overhaul in 'real hope for bondholders'
Millions of Britons use Premium Bond to bolster their savings
NS&I
NS&I accused of ‘ripping off’ Britons with 1% interest on savings account
Over a million depositors face real-terms losses as inflation erodes value of Treasury-backed savings
Premium Bonds: NS&I urged to take action as bereaved households 'lose' millions in unclaimed prizes
Unlike traditional savings, Premium Bonds holders are enrolled in monthly prize draw which gives them the opportunity to win cash prizes in lieu of interest
