# 517 | Premium Bonds; how a "squalid raffle" became a nations favourite way to save

Page: https://stenobird.com/podcast/cash-chats-uk-money-personal-finance-podcast-1042268/517-premium-bonds-how-a-squalid-raffle-became-a-nations-favourite-way-to-save
Text version: https://stenobird.com/podcast/cash-chats-uk-money-personal-finance-podcast-1042268/517-premium-bonds-how-a-squalid-raffle-became-a-nations-favourite-way-to-save.md
Podcast: [Cash Chats UK Money & Personal Finance podcast](https://stenobird.com/podcast/cash-chats-uk-money-personal-finance-podcast-1042268)
Published: 2026-05-11T12:30:00+00:00
Episode link: https://cashchats.libsyn.com/517-premium-bonds-how-a-squalid-raffle-became-a-nations-favourite-way-to-save
Audio file: https://traffic.libsyn.com/secure/cashchats/ep-517-cash-chats-mix-3.mp3?dest-id=1087493
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Duration seconds: 2062

## Resource

This week on Cash Chats, host Steve Alderton and money expert James Andrews get chatty about Premium Bonds! We look at how they began, what happens to your money and how they became the nations favourite way to save. James also explains how they compare to savings rates and also if you'd stand a better chance becoming a millionaire playing the lotto. For links and further reading head to becleverwithyourcash.com/cashchats ABOUT CASH CHATS Cash Chats is the award-winning podcast brought to you by the team of money geeks at Be Clever With Your Cash, sharing the latest updates from the world of personal finance and helping you to navigate the everyday money challenges we all face. Show notes can be found at becleverwithyourcash.com/podcast . BE CLEVER WITH YOUR CASH ON SOCIAL twitter.com/BeCleverCash instagram.com/becleverwithyourcash youtube.com/@becleverwithyourcash GET OUR WEEKLY NEWSLETTER You'll also get a free Quidco bonus for signing up https://becleverwithyourcash.com/newsletter/ MUSIC The music is Easter Island by Lonely Punk and provided on a creative commons licence

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