Should you put cash into Premium Bonds, a savings account or investments? This is the Money podcast

After a good year for Premium Bonds, when the only way to increase the prize fund rate was, savers were dealt a blow this week when a cut was introduced.

The prize fund rate will be reduced from 4.65 percent to 4.4 percent.

That puts the average return (which you may or may not get) from Premium Bonds further below the best savings deals, so should you save instead?

Or would many Premium Bond holders be better off investing?

In this podcast episode, Georgie Frost, Lee Boyce and Simon Lambert discuss whether Premium Bonds are stacking up.

And, as the US securities regulator approves bitcoin ETFs, is the price now heading towards $200,000 as some suggest, or could this lure more naive investors into the volatile world of crypto, which has been dogged by fraud?

Later, Lee reveals his car insurance woes – and shares tips on how to deal with the pain of your own renewal.

And finally, find out who on the podcast team isn’t drinking in January, who’s taking a very haphazard approach, and who’s planning to go all the way to Easter, while Georgie, Lee and Simon are taking the no and the low discuss. alcohol-beer-boom – and the one they rate best.