Martin Lewis gives Premium Bonds advice after ‘nonsense’ myth
Martin Lewis debunks common Premium Bonds myth: 'Absolute nonsense'
Martin Lewis has debunked a common myth about Premium Bonds, calling it "absolute nonsense."
The MoneySavingExpert founder addressed a viewer's question about whether buying bonds in separate amounts or as a single block affects the chances of winning.
Lewis clarified that there is "no clever way" to influence the outcome of the "random-chance lottery draw."
Premium Bonds are a savings product offered by National Savings & Investments (NS&I).
Each £1 bond provides an entry into a monthly prize draw, with prizes ranging from £25 to £1 million.