NS&I PRIZE FUND RATE AND ODDS CHANGE FOR PREMIUM BONDS
PRIZE FUND RATE AND ODDS CHANGE FOR PREMIUM BONDS
On 24th February 2026 NS&I announced a decrease to the prize fund rate on Premium Bonds. NS&I has decreased the Premium Bonds prize fund rate, effective from 1st April 2026 prize draw. There is also a change to the odds, from 22,000 to 1 to 23,000 to 1.
| Prize Fund Rate change | ||
| NS&I account | Current rate and odds | New rate and odds from April 2026 prize draw |
| Premium Bonds | 3.60% Variable. Annual Prize Rate (tax-free) Odds 22,000 to 1 | 3.30% Variable. Annual Prize Rate (tax-free) Odds 23,000 to 1 |
Find out more at nsandi.com
Definitions
Tax-free means all Premium Bonds prizes are free of UK Income Tax and Capital Gains Tax
NS&I is one of the largest savings organisations in the UK, offering a range of savings and investments to more than 24 million customers. All products offer 100% capital security, because NS&I is backed by HM Treasury.
Further information on NS&I, including press releases and product information, is available on the website at nsandi.com