Historical Returns Calculator

Calculate how Premium Bonds would have performed over any historical period

Investment Amount

Select Time Period

Historical Prize Fund Rates

How Premium Bonds interest rates have changed since 2008

Understanding Historical Returns

Important Notes
  • These are expected returns based on the statistical probability of winning. Actual returns would have varied significantly due to the random nature of prize draws.
  • Past performance does not guarantee future results. Prize fund rates can change at any time based on NS&I policy decisions.
  • The calculation assumes: Bonds held for the entire period with no withdrawals or additions, and uses the mathematical expected value rather than actual prize draws.
  • Rate changes: Premium Bonds rates have varied from a low of 1.00% (December 2020) to a high of 4.65% (September 2023) in recent years.
Why Rates Change
NS&I adjusts Premium Bonds prize fund rates based on:
  • Bank of England base rate changes
  • Competition from other savings products
  • Government funding requirements
  • Market conditions and economic outlook

Data Source: NS&I Historical Interest Rates