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Featured - Account Types
What type of savings account do you need?Find out about the different types of savings accounts available to suit a variety of needs.
Savings
ISAs
Residential
Buy to let
Specialist mortgages
Featured - Debt and your credit score
How debt impacts your credit scoreA healthy credit score has its benefits, so make sure you manage your debt correctly.
Loans
Featured - Life Insurance
Life InsuranceFor peace of mind that your loved ones will be supported financially after you die, consider taking our life insurance. Find out more and compare policies.
Home & vehicle
Health & travel
Featured - Switching deals
In need of a cash boost?Providers often entice new customers with cash incentives for moving current accounts. Compare deals and find out how to make the switch:
Current accounts
Featured - Purchase Cards
Best purchase credit cardsExplore the best cards with a 0% introductory period.
Credit cards
Credit repair
Calculators & guides
Business savings
Business products
Business insurance
How much can I give as a cash gift?
How much can I give as a cash gift?Will your loved one's gift be tax affected?
Categories
Featured guides
Popular news
Latest news - by category
Other money & finance news
Featured Star Ratings categories
Other Star Ratings categories
Two lucky premium bond holders are ending the year £1 million richer having scooped the top prize in the December premium bond prize draw.
The first £1 million winner lives in West Sussex and won with the bond number 306VK958372. The holder has £46,000 invested and the winning bond was purchased in July 2017.
The second winner lives in Lancashire and has £14,725 invested in premium bonds. The winning bond number 437QD081540 was purchased in February 2021.
As well as the two £1 million winners, this month’s prize draw saw 3.3 million other prizes handed out to premium bond holders.
The December prize draw has resulted in six premium bond holders winning £100,000, 10 scooping £50,000, 23 receiving £25,000 and 56 winning £10,000. The remaining winners received prizes ranging from £5,000 to £25.
Commenting on this month’s prize draw, Jill Waters, NS&I Retail Director, said: “A massive congratulations to our Premium Bonds jackpot winners in West Sussex and Lancashire. A month on from the 65th anniversary of Premium Bonds going on sale, ERNIE has gone back to his roots and picked a winner from Lancashire where he is based.
“With more than 3.3 million other prizes being dished out in December, Christmas will definitely be coming early for those Premium Bonds customers up and down the country. This Christmas, you can also choose to give children the gift of Premium Bonds, sharing the potential for them to be surprised and delighted each month, and helping them to start a savings habit with one of the nation’s favourite savings products.”
Premium bond holders wanting to check to see if they have won in this month’s prize draw can do so via the prize checker on the NS&I website, nsandi.com or through the official prize checker app. The holder’s number is needed to see if they are a winner, this number can be found on the holder’s bond record or by logging into their account.
Premium bonds can be purchased via NS&I and the money deposited is protected by HM Treasury. Up to £50,000 can be held in a premium bond and they can be purchased from a minimum of £25. Money is held within premium bonds and any prizes won are tax-free. Although money deposited into premium bonds do not earn interest, each bond number is automatically entered into a monthly prize draw, however there are no guarantees that premium bond holders will win in the draw.
Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time. Links to third parties on this page are paid for by the third party. You can find out more about the individual products by visiting their site. Moneyfactscompare.co.uk will receive a small payment if you use their services after you click through to their site. All information is subject to change without notice. Please check all terms before making any decisions. This information is intended solely to provide guidance and is not financial advice. Moneyfacts will not be liable for any loss arising from your use or reliance on this information. If you are in any doubt, Moneyfacts recommends you obtain independent financial advice.
As almost all average savings rates decline, consumers may need to take action to see their money grow in real terms.
As almost all average savings rates decline, consumers may need to take action to see their money grow in real terms.
As predicted, the Bank of England voted 8 to 1 in favour of cutting the base rate to 4.75% in November.
As predicted, the Bank of England cut the base rate to 4.75% in November.
With Chancellor of the Exchequer, Rachel Reeves, delivering a Labour Government's first Budget in almost 15 years, find out the potential impact on savers, mortgage borrowers and pensioners.
With Chancellor of the Exchequer, Rachel Reeves, delivering a Labour Government's first Budget in almost 15 years, find out the impact on your finances.
As almost all average savings rates decline, consumers may need to take action to see their money grow in real terms.
As almost all average savings rates decline, consumers may need to take action to see their money grow in real terms.
As predicted, the Bank of England voted 8 to 1 in favour of cutting the base rate to 4.75% in November.
As predicted, the Bank of England cut the base rate to 4.75% in November.
With Chancellor of the Exchequer, Rachel Reeves, delivering a Labour Government's first Budget in almost 15 years, find out the potential impact on savers, mortgage borrowers and pensioners.
With Chancellor of the Exchequer, Rachel Reeves, delivering a Labour Government's first Budget in almost 15 years, find out the impact on your finances.
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Moneyfactscompare.co.uk will never contact you by phone to sell you any financial product. Any calls like this are not from Moneyfacts. Emails sent by Moneyfactscompare.co.uk will always be from news@moneyfacts-news.co.uk. Be ScamSmart.
Moneyfactscompare.co.uk will never contact you by phone to sell you any financial product. Any calls like this are not from Moneyfacts. Emails sent by Moneyfactscompare.co.uk will always be from news@moneyfacts-news.co.uk. Be ScamSmart.
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