Personal finance
Premium Bonds
UK government savings where, instead of interest, your money is entered into a monthly prize draw. Your savings are safe, but the returns vary.
A plain-English explanation, not financial or tax advice. Rules and rates change, so check your own situation. For free, impartial guidance, try MoneyHelper. Disclaimer.
You'll hear it as
I keep my emergency fund in Premium Bonds.
Related terms.
Videos.
No video mentions Premium Bonds by name yet. These are on the same topic, Careers & hiring.