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flag UK advises cashing in Premium Bonds if NS&I rate falls below 3.5% inflation rate.

flag UK Premium Bond holders are advised to consider cashing in their accounts if the NS&I rate falls below inflation, as it currently stands at 3.8% with inflation at 3.5%. flag With an average wait of over three years for a prize and odds of winning at 22,000 to one, experts suggest alternative savings options like fixed-term accounts for guaranteed interest. flag Premium Bonds offer the chance to win up to £1 million but come with the risk of losing value due to inflation.

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