Are premium bonds a good purchase?
Question asked by: knowitall
Like any financial product it is good for some and not for others.
If you want easy access to the money for instance then you are better with a savings account.
If you want a low risk investment with potential for a high reward then it is better. If you just want a steady growth on your income then on average there are many better vehicles available.
Speak to your financial adviser to find out what would be the best way to use your money and save wisely.
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