Yeah, I’ve had bonds since they started. Very simple process. Bids of £500 each month would have been successful, so that’s a guide. They have done bumper issuances in the past too
The main concern that people have is that the protection is a trustee account. Fine by me, but not everyone is comfortable.
The Spend section is good for budgeting imo, but generally I think it’s still early days for dozens. A case of try it and see
Hmm yeah this was the only thing that was making me a little unsure - any mention of no FCA/ FSCS protection and I think twice
Have you heard of the windfall bond account? They’re not accepting new accounts atm, but they suggest you get better odds than premium bonds
I’m quite happy with a trustee account, but really risk is a personal thing.
Building societies get away with protected “bonds” by (effectively) packaging up savings accounts.
But yeah, there are various funky products out there if you look!
The Windfall Bond requires a single deposit of £10k - making it irrelevant for most people.
Nationwide issues mutual reward ebonds from time to time - there don’t seem to be any available at the moment
Most prizes are won by people who put in the max. of £10k (just a few lucky winners with less than £1k put in…)
The interest rates in these cases are always pitiful though.
Really, there’s not an awful lot available.
Edit: There are a few other options like this, if you’re after thrills, not returns
Quite like the sound of the Nationwide reward bonds - might keep an eye on that one. Thanks for the suggestions 
In the mean time, fingers crossed for PB 
Much lower winnings, but better chances on their other prize draw product
Think I might do this one actually. I’m just a little bit late for their July draw, so will let you know in October if I get anything haha…
It’s almost like they’ve been watching us 
BBC News - Fed-up savers may test their luck in prize draws with rates so low
Haha Kevin Peachey we know you’re watching 🕵️♂️
Interesting article and I do think they’re right - with interest rates so low anywhere else I’m open to these prize draw style accounts because you may as well give them a go.
Win something = amazing.
Don’t win anything = not much difference to having money saved anywhere else…