More life-changing prizes added to Premium Bonds draw from March

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy More life-changing prizes will be added to the Premium Bonds draw from March. Savings giant NS&I said the Premium Bonds prize fund rate will increase to 3.30% from the March 2023 draw, from 3.15%, meaning about £15 million more in prizes up for grabs. Today's changes mean that we continue to balance the interests of savers, taxpayers and the broader financial services sector Ian Ackerley, NS&I The estimated number of £50,000 prizes next month will be 123, up from 117 in February. In a further boost, Direct Saver and Income Bonds customers will NS&I chief executive Ian Ackerley said: “We are committed to ensuring our products remain attractive and our customers can continue to save with confidence.