Changes Ahead: Premium Bonds Prizes Set to Decrease
National Savings and Investments will reduce the Premium Bonds prize fund rate and the number of prizes available, impacting bondholders from April 2026.
What Does the Premium Bonds Prize Fund Cut Mean for Savers?
NS&I has reduced the Premium Bonds prize fund rate from 3.6% to 3.3%, affecting returns and the odds of winning for savers. This change will take effect from April 2026.