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Premium Bonds & Savings Rates Jump | Leeds News
Big win for savers: Premium Bonds are getting a major upgrade starting September 2026, with the prize fund rate jumping to 4.35%—boosting the prize pot by $63 million and improving odds from 1 in 22,000 to 1 in 21,000. Over 22 million bondholders can expect more tax-free prizes, with the September draw projected to pay out over $497 million across 6.5 million prizes. Plus, Direct Saver and Income Bonds now offer immediate rate hikes, and maturing British Savings Bonds automatically get better rates on new fixed-term issues—making it a double win for your savings. Listen in comfort:Get a…
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