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Prize Bonds

  • 10-04-2013 8:32pm
    #1
    Red About Town
    Closed Accounts Posts: 257 ✭✭


    A work colleague of mine has recently 'invested' ten grand in prize bonds. Can anyone explain the benefits to him of doing that as I know little about them?


Comments

  • #2
    Cushie Butterfield
    Registered Users, Registered Users 2 Posts: 1,862 ✭✭✭Cushie Butterfield


    The main benefits are outlined HERE


  • #3
    Red About Town
    Closed Accounts Posts: 257 ✭✭Red About Town


    Looks quite a good option. I have some savings that I might use to buy some.


  • #4
    whomitconcerns
    Registered Users, Registered Users 2 Posts: 4,396 ✭✭✭whomitconcerns


    well I have 10 of them for over 20 years now. 8500 cash prizes a week it says on website.

    So that means from 8.84million prizes I have won nothing on any of mine...so I would say they are not a good option at all.


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