Real life MMD: Should I cheque out my Nan?

lovemystudentloan

If your nan's anything like my elderly street of neighbours - no mortgage cause the house was 50p when they bought it 100 years ago, 3 pensions coming in, carers allowance cause one of them had a hip replacement - go for it. £25 is not a lot to someone with £1000+ a month coming in and no mortgage.

veruccasalt

No way, end of

Sagz_2

I'd be more worried that your Nan didn't noticed you had not cashed the cheque! Forget it and offer to give her an MSE money-makeover You could save her loads!

flyforfun

The 6 month rule isn't true. Cheques can be banked any time after the date on the cheque. Take it back to the bank and insist they process it. I was told that by sombody who used to work in a NatWest branch and was a rules geek. They don't like doing it as there may be a slightly greater chance of it bouncing from what I recall him saying.

Phuddles

I am a Granny - still working full time and drawing my pension - and balance my bank account to the penny every month. If someone hasn't cashed a cheque after a couple of months I ring and ask why! My brother tends to do this, his Christmas cheque gets caught up with the cards and wrapping paper. :A

pc1271

Trying to cash the cheque after so long is extremely inconsiderate. She may have assumed it was already paid and as she won't be expecting it could go overdrawn. You can't be that desperate for cash or you would have paid the cheque straight away, so just forget it.

Jaynne

Sagz wrote: »

I'd be more worried that your Nan didn't noticed you had not cashed the cheque! Forget it and offer to give her an MSE money-makeover You could save her loads!

I wouldn't bet on that. I stopped cashing b'day and Xmas cheques from my gran once I started working as my income was now way higher than theirs (and I wasn't exactly a high earner) . They never said anything but they stopped sending cheques after a couple of years now I get things like some of her amazing xmas cake, win win!

[Deleted User]

Given you lost it over 6 months ago, and haven't mentioned it to her before now, I recon you should leave it!

You really ca't have needed/wated it that much or you would have mentioned it to her before now!

D9

timbstoke

flyforfun wrote: »

The 6 month rule isn't true. Cheques can be banked any time after the date on the cheque. Take it back to the bank and insist they process it. I was told that by sombody who used to work in a NatWest branch and was a rules geek. They don't like doing it as there may be a slightly greater chance of it bouncing from what I recall him saying.

Re-read your last sentence to consider why this is a bad idea. Just because granny could afford this a year ago doesn't mean she can afford it now. If she can't, then forcing the cheque through without at least letting her know means that at best you're leaving her short with no idea why, and at worst she's incurring extra fees because you've taken her overdrawn.

Presenting it after so long in the first place was inconsiderate. If you want the money, bring it up in conversation - "You'll never guess what I found while I was looking through my old cards"

gaily

If Grandma is loaded then let her know, if she's living off her benefits then don't.

If she falls in the latter category, it would be really quite tight to put the cheque in to a machine to see if it would go through - it's not like a gift card, where the money is already spent - it may be her food or heating money for the week. Although some people budget and would notice the cheque had gone, most would take it that by now that the was cashed and the money gone from her account.

If she falls into the former variety, then telling her she gave you the most expensive bookmark you've ever had may be good for a joke between you, and she may just give you another - or cash, so you're not going to repeat it!

Learn from the experience, and I really hope you didn't send your bookmark to the bank to be cashed last year!! That may have raised a few eyebrows.