HOW THE ACCOUNTS WORK AND THE PRIZES

HALIFAX

SAVERS must hold £5,000 or more in a qualifying Halifax savings account for a whole calendar month to be entered into the next month’s prize draw. All Halifax savings accounts and cash Isas qualify, except accounts for children. Every month, three savers win £100,000, 100 win £1,000 and 1,500 get £100.

NATIONWIDE

NATIONWIDE customers with a Start to Save account can apply to enter its next prize draws to be held on April 23, July 21 and October

21. To be entered into a prize draw, savers need to increase their balance by at least £50 in each of the three calendar months leading up to the month of the prize draw. Savers who increase their balance by more than £100 in a month running up to a prize draw will not be entered into that draw. Winners each receive £100. A total of 1,304 savers won a prize in the last January prize draw.

NS&I PREMIUM BONDS

SAVERS can win between £25 and £1million. The odds of winning are currently 34,500 to one for every £1 of Premium Bonds. However, while money is protected by the Government while it is held in Premium Bonds, it will not earn any interest.

POST OFFICE

SAVERS must deposit £1,000 or more into an eligible Post Office savings account and opt in to be in with a chance of winning. Eligible accounts include a new or existing Instant Saver, Growth Bond, Easy Access Cash Isa, Fixed Rate Cash Isa or existing Reward Saver. There are two prize draws remaining, with 214 prizes in each draw. One saver will win £10,000 in each draw.