Is this Desparate?

$17mma

Not desperate at all. In fact smart. If there should be interest on it make sure you get it back!

Put it this way, if that £1 was overdrawn they would have added untold amounts of over drawn charges, not to mention interest on top of it. And they would not have cared one way or another...

So go get your money...

skintchick

And do tell us how much interest you get on it!

gilly41

Hi
I have just found my old post office savings book(the blue one!!). That too has £1.00 in it. I opened it in july 1998 and has never had interested calculated.I have had various amounts in (£300 at one point!!) so I may be due some interest.
Do I just send it to the Glasgow address at the front with a covering letter?
Thanks OP- I would never have thought of getting it back!!
xx

brranger

Hi Gilly41, The address has changed slightly on mine as 30 years old but is now
Savings Accounts
National Savings and Investments,
Glassgow
G58 1WG
If you nip to the PO they will give you a special grey envelope but you still have to put a stamp on it.
I used the following in part of my letter.

I would like to close the account and notice that it has not had an update to interest at all since its opening in Nov 1976, would you there for please calculate the interest payable to the account since that time and issue a cheque for the closing balance.

Good luck and I will keep everyone upto date with how I get on.

gilly41

Hi
Thanks. I am going to the PO today so i will get the Grey Envelope and I will write the covering letter
xxx

brranger

Well I got my cheque this morning, in thirty years it made £2.37 in interest I think the PO must pay 0.3% or something. oh well it was a feel good thing while waiting like the lotto but will add to savings account as every little helps.

Ranger

DopeyDora_2

I have dug out my old Halifax "Liquid Gold" account pass book which had £5.11 in it on 6th April 2002 & hasn't been updated since then. I'm off into town tomorrow to get that updated, withdraw my cash & close!

Dora X

buses7675

brranger wrote:

good to know I'm not the only one with a £1 in odd accounts.

I generally tend to keep £1 in most of my old savings accounts, should close them really to be honest. Some of the rates are awful though, got a A&L Instant Access account (which had a book to keep track of things), at present, if you've got more than £100 you get about 0.1% interest, going up to a massive 0.75% if you have over £25,000 - Makes you wonder do any people still use these old accounts, unaware how poor they are!

Anyway, back to the point, having found that accounts book sometime last year and realised there was £50 odd in it. I checked my A&L online banking and realised that you could add that account in and moved the cash (bar £1!) to one that has a proper interest rate!

Nice suprise to find 'lost' cash!

Cheers

Steve

DopeyDora_2

I have dug out my old Halifax "Liquid Gold" account pass book which had £5.11 in it on 6th April 2002 & hasn't been updated since then. I'm off into town tomorrow to get that updated, withdraw my cash & close!

I got around to doing this today & it had gone up to the grand sum of £5.23. Better in my pocket than languishing there though.

Dora x

Gerradene

I went into halifax the other day on my lunch break, they found my old account for me, £5.23 left in it.

But they wouldn't let me close the account because the ID i had was a provisional driving license it is the photocard type and i had a couple of letters with my name and address on, but it wasn't enough because i didn't have the cashcard for the account.

will have to dig out passport and go back, i'm now determined to get my £5.23!!

£5.23 - a not uncommon amount Dora!!