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How much would it be worth now?

I am trying to work out what the balance would be if I had deposited £5 per month into a Halifax Childrens regular saver from June 2005, which after each year was transfered into a save4it account?

The Halifax site only shows rates from March/April 2009. Would I need to write to them to get the information and does anyone know if they would make a charge for this?

Comments

  • Dave101t
    Dave101t Posts: 4,157 Forumite
    interest on 60 quid a year at best, is worthless, wait for the maturity statement, and if this is hypothetical, then why bother?
    Target Savings by end 2009: 20,000
    current savings: 20,500 (target hit yippee!)
    Debts: 8000 (student loan so doesnt count)

    new target savings by Feb 2010: 30,000
  • opinions4u
    opinions4u Posts: 19,411 Forumite
    Mac1977 wrote: »
    I am trying to work out what the balance would be if I had deposited £5 per month into a Halifax Childrens regular saver from June 2005, which after each year was transfered into a save4it account?
    Two key problems with this:

    1) I don't think the account existed in 2005.
    2) The minimum monthly saving has always been £10, so funding it with £5 would have reduced the rate payable.
    The Halifax site only shows rates from March/April 2009. Would I need to write to them to get the information and does anyone know if they would make a charge for this?
    Branches and call centres have access to a system that will provide historic rates on all their accounts.

    They can provide you the rates and with a bit of work in a spreadsheet you could get your answer.
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