Almost two in three (64%) of current Premium Bond holders have never won a prize, according to new analysis.

Premium Bonds have created 24 new prize-winning millionaires in 2023.

Government-backed NS&I has raised its Premium Bond interest rates to 4.65%, from 4%), the highest level since 1999.

NS&I has increased its Premium Bond prize fund rate from to 3.3% to 3.7%, the sixth increase in just over a year and its highest rate in more than 15 years.