€25k invested in prize bonds

carrickbawn · 15-12-2023 7:48pm

Same here.

Hibernicis · 15-12-2023 9:07pm

Looks like we are all out of favour this week. Nothing here either. Apart from yet another admin cockup by StateSavings/The Prize Bond Company/Fexco.

lordleitrim · 16-12-2023 5:13pm

Very disappointed with having zero winnings since the new €75 prizes were introduced 3 months ago despite holding 100k in prize bonds!! I read Dutch bank Bunq are now offering instant access interest rates of 2.46% which equates to 1.65% (or €1650 for me) after DIRT deducted. That would equate to a €75 win every fortnight or thereabouts....much better than the nothingness I'm getting here.... I think its time for me to cash in my prize bonds.....

pbwinner · 16-12-2023 8:04pm

Winnings on 16th December 2023: €0

Last win 7th July 2023: €50

Total winnings on €25k from Feb 2011 to date: €3300

2011: €75 x 4 = €300

2012: €75 x 6 = €450

2013: €50 x 12 = €600

2014: €50 x 9 = €450

2015: €50 x 5 = €250

2016: €50 x 5 = €250

2017: €50 x 4 = €200

2018: €50 x 2 = €100

2019: €50 x 6 = €300

2020: €50 x 5 = €250

2021: €50 x 1 = €50

2022: €50 x 1 = €50

2023: €50 x 1 = €50

jrmb · 16-12-2023 8:33pm

I give up. I've never had a win on €6,000, and now the net interest each year would be equivalent to 2 prize bond wins.

valarmorghulis · 17-12-2023 3:03am

Hi all,

Anyone think they might introduce an app at any stage,the whole system seems archaic compared to online banking,i am considering moving all funds to prize bonds but i am worried about the lack of returns mentioned on very high holdings of 100k plus and do they really post winning notifications instead of email/text ,it seems very under resourced and inefficient and would be concerned about delays in cashing in if it was urgent after the initial 3 months.

Thanks

lordleitrim · 17-12-2023 3:45pm

https://www.boards.ie/discussion/comment/121504958#Comment_121504958

You do get an email every time you get a prize if you set up and purchase then online but they also send a notification out in the post which seems like an unnecessary admin expense if you've opted to automatically reinvest any winnings. I've never cashed in any yet(that may change very soon per my post above!) but I believe its quite efficient from other posters when you request cash in online.

POBox19 · 17-12-2023 5:54pm

https://www.boards.ie/discussion/comment/121504958#Comment_121504958

A Prize Bond APP is probably in the future. They say that they 'will continue to implement digital solutions', the question is when.

If you have registered for a State Savings Online account you should not have problems cashing in your bonds at short notice after the minimum 90 day holding period. There is a good post at #9028 above from @Hibernicis explaining the process if you need to register.

dxhound2005 · 18-12-2023 12:08am

Next Draw

Thursday 21 December 2023

dxhound2005 · 18-12-2023 2:51pm

Next Draw

Friday 22 December 2023

The site said Thursday when I posted that.

Hibernicis · 18-12-2023 3:53pm

I just noticed this when I checked the site at lunchtime. I wonder who it was that screwed up their planned day off on the 22nd. They really are a hopeless shower of clowns.

Presumably the big prize will be the 29th ? Was there a deadline for purchases to be entered in that mentioned previously (the 17th I thought) or am I imagining it ?

tuisginideach · 18-12-2023 7:24pm

Yes - as usual I bought Prize Bonds for my godchildren and I'm pretty sure the 17th was given as the cut-off date.

Hibernicis · 19-12-2023 2:00pm

https://www.boards.ie/discussion/comment/121506682#Comment_121506682

While I have no objection to the idea of an App, the State Savings Online website's mobile implementation is a decent interface and works well. It is the functionality and stability of the overall proposition that needs to be addressed as a priority. An app will bring no benefit if all it does is to replicate the functionality available on the current State Savings Online existing website so I would suggest that any expenditure would be much better directed towards the following essential improvements, most of which are at the back-end:

Improve website stability and up-time, implement automated "site down" monitoring, put resources in place to recover website when it fails out of hours.
Replicate all functionality currently available for "Sole" clients for "Joint" clients
Implement reinvestment for Cash-in of all products
Make State Savings Deposit Accounts available online
Allow more than one portfolio to be associated with a single mobile number for TFA
Show realtime order progress/status
Allow secure document upload

An App incorporating all of this can follow on later.

The other badly needed improvements are consistent procedures and processes and trained staff. And of course real world interest rates.

POBox19 · 19-12-2023 3:29pm

@Hibernicis Most would be happy to see 'real world interest rates' sooner over an app.

jrmb · 19-12-2023 4:44pm

I was getting a letter on textured paper in the post every month to acknowledge my direct debit to Prize Bonds. There's no way that's more cost effective than an app, which would practically be their existing website repackaged.

dxhound2005 · 19-12-2023 8:00pm

Some customers may be encountering issues with purchasing online or over the phone, viewing the Prize Bond draw results and accessing the Prize Bond tracker service. We are working to resolve this as soon as possible. If you need assistance or have any queries you can contact us at 0818 20 50 60 / 01 705 7200. Thank you for your patience and we apologise for any inconvenience.

This on the site at 18:52, happened some time after 16:00 19th. Site went down completely at 18:55 but back at 18:58. I can't use See Draw Results.

carrickbawn · 20-12-2023 11:15pm

When they notify you of a win do they tell you the number of the bond that won the prize?

Hibernicis · 21-12-2023 12:36am

@carrickbawn If you are registered for State Savings Online ( and you’d be mad not to be) it works like this:

Shortly after the draw takes place you get an email notifying you that you’ve won. The email tells you nothing more than this.

You log on to your online account and there you can see (1) immediately the winning number and the amount of the prize and (2) if you are set-up to reinvest your winnings a few hours later you will see the new bond numbers issued to you listed as part of your holdings. And a few days later the paper certificate for the new bonds will arrive in the post.

carrickbawn · 21-12-2023 1:01am

https://www.boards.ie/discussion/comment/121520633#Comment_121520633

Thank you. Im sure you know that am a regular poster on this page, but a friend contacted me today to say that they had won a prize but didn't even know that there was prize bonds in their name and was wondering when this bond was bought. It was obviously a gift but if they had an indication of the winning number they might be able to get an idea of when it was bought.

Hibernicis · 21-12-2023 1:55am

@carrickbawn

That was a nice surprise !!

They could try phoning the Prize Bond Company with whatever details they have of the win and asking about the winning bond; they might strike lucky and get a useful answer from a helpful staff member or more likely not.

There are two official ways that I know of in which they can find out what State Savings products (incl PB) are registered in their name:

Option 1 complete this form, making sure that they tick all three boxes in section 2. State savings will then conduct a search.

https://www.statesavings.ie/media/pdf/ss_statementrequestform.pdf?ext=.

Option 2. Register for State Savings Online. A similar search is conducted as part of the registration process.

In both cases, bear the following in mind: The results of the search will very much depend on the information you supply, so make sure you list all forms of their name that could have been used ( e.g. james murphy, jimmy murphy, jas murphy, j. murphy, j.j. murphy, seamus murphy, seamus o’murchu, etc) and also all possible addresses (e.g. all houses they lived in from 1957 onwards including their parents address, and any variations of the address, e.g. house name as opposed to house name, townland name, etc). That’s from a post which I wrote in this thread which might be worth your friend’s time reading

https://www.boards.ie/discussion/2058322815/deceased-relative-almost-40-years-and-prize-bonds

tuisginideach · 21-12-2023 1:48pm

€75 today. Happy Christmas and hope 2024 is good for all of us

dxhound2005 · 21-12-2023 1:49pm

€75 for me as well. Seasons greetings to all.

Hibernicis · 21-12-2023 2:41pm

https://www.boards.ie/discussion/comment/121510077#Comment_121510077

How many times did that shower change their minds ?

carrickbawn · 21-12-2023 4:12pm

No change here. The usual zero.

Seasons greetings to everyone, Enjoy the festivities ✨

POBox19 · 21-12-2023 4:30pm

Another duck.

Happy Christmas all.

notsocutehoor · 21-12-2023 8:17pm

Today must have been the day that Mount St took pity on Boardsies posters (well at least some) and decided to bring some Christmas cheer to their lives.

€75 win today, last win 14/7/2023, fifth win win this year and first €75 win since December 2012, €275 in total won in 2023

Prize Bond bought October 2020

Winnings to date (no winning records kept pre 2005) €2,400 on €12,400 (including reinvestments) worth of PB's bought monthly over a 26 year period plus €20,000 bought in Feb 2016 (eight €50 wins on the February 2016 purchase), plus €20,000 bought in July 2020 (four €50 wins on the July 2020 purchase), plus €30,000 bought in October 2020 (three €50 wins and 1 €75 win on the October 2020 purchase).

Winnings 2011 €75

Winnings 2012 €150

Winnings 2013 €200

Winnings 2014 €100

Winnings 2015 Zero

Winnings 2016 €200

Winnings 2017 €250

Winnings 2018 Nada, Zilch, SFA

Winnings 2019 €250

Winnings 2020 €150

Winnings 2021 €150

Winnings 2022 €100

Winnings 2023 €275 (and counting)

A very Happy Christmas to all - 2024 will be the year that a Boardsie hits the PB jackpot

pbwinner · 24-12-2023 9:38pm

Winnings on 21st December 2023: €0