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martin lewis Is A common myth debunked About this premium bond As in “absolute nonsense”.
Premium bonds are a savings product offered by National Savings and Investments (NS&I). Each £1 bond is entered into a monthly prize draw, with prizes ranging from £25 to £1m.
A viewer wishing to buy a total of £10,000 in premium bonds was asked whether they should buy them as a whole block or in individual amounts of £500 or £1,000, money saving expert The founder explained that he had “no clever way” that you could beat “random-chance lottery draws.”