N S I inflation savings October calcs wrong

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twokcc
twokcc Posts: 243 Forumite
in Savings & investments
Just checked my N S & I values after todays announcement giving negative values for month and large (hundreds of £'s) reduction in value for month.

Anyone else checked theirs?
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  • fonesaver
    fonesaver Posts: 252 Forumite
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    twokcc wrote: »
    Just checked my N S & I values after todays announcement giving negative values for month and large (hundreds of £'s) reduction in value for month.

    Anyone else checked theirs?

    Yes, they look wrong - not for the first time!
  • molerat
    molerat Posts: 31,868 Forumite
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    edited 18 October 2016 at 5:38PM
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    Also getting a value through your account on line and using the calculator comes up with different figures, last month the calculator gave a higher figure.
  • jdw2000
    jdw2000 Posts: 418 Forumite
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    Is this the NS&I Income Bond Savings account?

    I opened one of these yesterday. Money is safe in there, I assume? I intend to put about £19K in there as my Natwest savings account and ISA have just switched to 0.01%!
  • xylophone
    xylophone Posts: 44,427 Forumite
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    Is this the NS&I Income Bond Savings account?

    No. The posts refer to NS&I Index Linked Savings Certificates.
  • jdw2000
    jdw2000 Posts: 418 Forumite
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    xylophone wrote: »
    No. The posts refer to NS&I Index Linked Savings Certificates.

    Many thanks.
  • talexuser
    talexuser Posts: 3,499 Forumite
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    Yes, the site valuation is around £150 less than the calculator valuation which seems around correct. They seem to have revamped the site with a different login regime, no doubt there are gremlins.

    As an aside, far from the debates about renewing these when inflation was virtually zero, it now looks as though they will be a great deal the way inflation will be going the next few years :)
  • Fella
    Fella Posts: 7,921 Forumite
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    I actually thought the calculator valuation looked incorrect.
  • talexuser
    talexuser Posts: 3,499 Forumite
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    Maybe they are both wrong then?
  • vmp
    vmp Posts: 37 Forumite
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    Last month my certificate was worth £17,484.70

    This month it's apparently worth £17,268.90 according to the calculator

    Is it Brexit's fault? ;)
  • MiserlyMartin
    MiserlyMartin Posts: 2,236 Forumite
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    EVERYTHING! that has gone wrong since brexit is the fault of brexit you should know that by now, even things that happened many years before - they too are the fault of brexit....
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