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Most effective personal savings accounts: Savers urged to ‘get in advance of the game’ now as inflation bites | Individual Finance | Finance

Posted on January 25, 2023

Savers can earn up to £1million in the prize draw. The attract is randomised with each individual Bond acquiring the exact likelihood of profitable.

On the other hand, Laura Suter, head of private finance at AJ Bell, stated savers should “look at the modest print” ahead of investing in Top quality Bonds as a saving option.

She spelled out: “Your odds of basically successful a prize have not improved and stay at 24,000 to 1 for each individual £1 bond you hold.

“But if you do gain a prize you’re much more likely to earn a even larger sum, as the prize fund has been boosted.

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