Have you reclaimed old bank accounts/savings/investments? Success Stories wanted!

justinking_2 · 8 April 2009 at 10:42AM

Hello, so am i to understand that I enter old account details to my lostaccount.com and wait to hear from them? If so then I have already done this and I am still waiting to hear from these people about old accounts. About 3 of them - one my late mother's Nat West account and two lloyds bank ones. I have waited for e mails for about 4-6 weeks (possibly longer) and I have not heard anything.

Do i need to go through this process again? Im just wondering whether I am doing something wrong.

Help!

Justin

dc110 · 8 April 2009 at 1:14PM

Took it into day, apparently in 36yrs the interest accrued is £4.05p.

I took the £6.50, what else could I do!

I must admit, I didn't know what to expect, but I left with the impression that, they didn't know what to do, and some manager said offer 5% per year and see if he will accept it.

Think it might be about right. If my calculations are correct £2.45 for 36 years at 3% would be worth £7.10

No idea of historic interest rates but seems 3% seems a reasonable estimate

Lyndahayes · 12 June 2009 at 3:41PM

Wow! I forgot all about an account I once had at Nationwide... I went to the lost account form and I just heard I have nearly £50 waiting for me! I totally forgot about it since I last used the account in 1992! I will go and get it next week!

I have saved literally thousands and have been helped to claim back so many things because of this website. If it hadn't been for the moneysavingexpert website and everyone here, I would have gone bankrupt years ago. Truly! Thanks everyone

x x x

Lyndahayes · 12 June 2009 at 3:49PM

justinking wrote: »

Hello, so am i to understand that I enter old account details to my lostaccount.com and wait to hear from them? If so then I have already done this and I am still waiting to hear from these people about old accounts. About 3 of them - one my late mother's Nat West account and two lloyds bank ones. I have waited for e mails for about 4-6 weeks (possibly longer) and I have not heard anything.

Do i need to go through this process again? Im just wondering whether I am doing something wrong.

Help!

Justin

It took the 3 banks I contacted about 6 months to answer me. But I finally got a result today! Nice! Guess you will have to wait a long time, but if there is anything there, it will come to you. I was losing faith and forgot all about it and now all is well! x x x

hotsnowflake · 12 August 2009 at 6:51PM

I still have copies of the only three statements I ever received from the Midland bank when I opened a Number one account in 1989 with a £1
Six months later the statement was £1.06
and then for some reason they changed to a yearly statement and the amount was £1.10.
So although I hadn't had any other correspondence since then I knew I had a dormant account with them when I found the article about reclaiming through mylostaccount.

July 2008 completed form
October 2008 told my account had been found and I would hear in a month.
July 2009 remembered and chased it up with the BBA
August 2009 recieved a letter confirming an account was with the HSBC and to go to a branch with ID. (All they did was photocopy it)
Two weeks ago got another letter to contact them - they had lost the account and wanted the details again.

After a very frustrating, long time a cheque has finally arrived today for £1.13!!
Obviously I'm a tad disappointed after all that effort - I had opened the account in 1989 and in 20 years I had earned only 3p in interest! I was never sure from the article on MSE if you were still paid interest on a dormant account and knew it still wouldn't be much but I kinda hoped anyway!?!

Shame but I suppose every penny counts...

malik999 · 12 August 2009 at 7:33PM

justinking wrote: »

Hello, so am i to understand that I enter old account details to my lostaccount.com and wait to hear from them? If so then I have already done this and I am still waiting to hear from these people about old accounts. About 3 of them - one my late mother's Nat West account and two lloyds bank ones. I have waited for e mails for about 4-6 weeks (possibly longer) and I have not heard anything.

Do i need to go through this process again? Im just wondering whether I am doing something wrong.

Help!

Justin

For anyone looking for this the domain is: mylostaccount.org.uk not lostaccount.com

ctyrrell · 25 October 2009 at 9:07PM

When i turned 18 last december i received a lump sum from a trust fund my grand-parents had invested into with LV - i was expecting around £3k but due to the credit crunch and the drop in the savings rate i lost over £1k, does anyone know if and how i can claim this back ?

any help would be much appreciated

dunstonh · 25 October 2009 at 10:12PM

When i turned 18 last december i received a lump sum from a trust fund my grand-parents had invested into with LV - i was expecting around £3k but due to the credit crunch and the drop in the savings rate i lost over £1k, does anyone know if and how i can claim this back ?

Its not savings, its investments and investments go down as well as up. December 08 was a pretty bad time to have a maturity. Indeed, things are up around 30% since then.

You can claim nothing back because nothing wrong has occured.

cobster · 6 April 2010 at 11:14AM

I had a success using mylostaccount to trace a Halifax account. I had tried this direct with Halifax a few years ago but with no response from them. I had two accounts so filled in an application for each account on 10 February. I had two responses from the BBA to say that the accounts had been found on 24 February. I then received a letter from the Halifax on 25 February confirming they had found one account and the steps that I needed to take to prove that it was no longer dormant. I waited for the letter about the other account to arrive but nothing came. I went into Halifax to sort out the account which hadn't been used since 11 August 1993 and had £46.79 in it. I asked them to update my book and the following transactions were put in:

1 Feb 94 Gross Interest 0.71
1 Feb 94 25% tax -0.18
10 May 94 Quarterly charge -£2.50
10 Aug 94 Quarterly charge -£2.50
10 Nov 94 Quarterly charge -2.50
19 Jun 97 Cash bonus £3.77
22 Mar 10 Book update (new total) £43.59

So no interest and £3.91 down. Is this right?? Have I missed a trick? Should I ask them for the last 17 years?

I am also going to chase through the other account that I know had some money in it but which they say they have no record of.

Any thoughts on the above would be much appreciated.

Dizzley · 30 June 2010 at 9:01AM

Great joy at Dizzley Towers this morning -
the Premium Bonds that once were lost are now found.

Early in February I entered my details at mylostaccount.co.uk and ticked every bank/savings intitution I ever passed the door of. Now, five months later, I have received £59 in lost premium bonds from NS&I.

Well, it's not enough to retire on but as I am one of the (not-so) idle unemployed it is more than welcome.

I guess I should check if I've won anything - I'll let you know.

Thanks for the prompting MSE! :beer:

Dizz.

Have you reclaimed old bank accounts/savings/investments? Success Stories wanted!

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