Prize Bonds are looking attractive alternatives to deposits

Discussion in 'Deposits' started by Raging Bull, Oct 16, 2013.

  1. DirectDevil

    DirectDevil Frequent Poster

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    Follow up on preceding post.

    Prize Bonds Co made an error - no problem it seems !
     
  2. theresa1

    theresa1 Frequent Poster

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    Due to the Red Weather Alert from Thursday afternoon the 1st March to midday Friday the 2nd March the Prize Bond draw which was to have taken place on the morning of Friday 2nd March will now take place on Monday the 5th March.
     
  3. STEINER

    STEINER Frequent Poster

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    €30,000 worth bought 2 years ago. €500 won recently.
     
    Logo likes this.
  4. xoxoxo

    xoxoxo Frequent Poster

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    Was the €500 a single won or 10 x €50. Well done - I have twice what you have for the past 5 years and haven't even won €300. Nothing at all this year!
     
  5. STEINER

    STEINER Frequent Poster

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    single €500.
     
  6. xoxoxo

    xoxoxo Frequent Poster

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    Well done to you - haven't heard of anyone winning €500 before. It's usually €50 on here and the odd €100. Maybe I won't give up hope yet :) enjoy your winnings.
     
  7. Palerider

    Palerider Frequent Poster

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    Nice one Steiner, I managed to snare one 'win' of €1000 a few months back, it averaged out my 2017 annual returns nicely ahead of the best one year rate and no dirt payable.
     
  8. Ravima

    Ravima Frequent Poster

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    €40K purchased Feb 17, 2 x €50 wins. :(
     
  9. honeybadger12

    honeybadger12 Registered User

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    €5,000 purchased 4 years ago, have won €10. A nice 0.002% return on my money lol
     
  10. dub_nerd

    dub_nerd Frequent Poster

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    Last edited: Apr 13, 2018
    ???
    €10 is 0.2% of €5,000.
    But there aren't any €10 prizes. The minimum you can win is €50.
    If you won a single €50 prize your return is 1%, which is pretty much exactly what you'd expect to average over four years at current payout rates.
     
    Last edited: Apr 13, 2018
  11. Mortgagey

    Mortgagey New Member

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    Does anyone know how I might make a large one-off purchase? It seems some of the options are restricted to £1k per transactions.

    I am looking to purchase c. 25k euros worth.
     
  12. Palerider

    Palerider Frequent Poster

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    You can buy online, its a poor system as you have to go through it, filling in the blanks as you go and then it limits your purchase to a small sum but if you hit the back button it will give you an option to buy a lump sum on your card.