Found old national savings book

I've found an old national savings book.

It had £100 from Jan '95

a further £70 was deposited in jan 2006.

Would it haven grown?

Comments

  • d70cw6
    d70cw6 Posts: 784 Forumite
    yes.

    i mean no.

    i mean....i dont know.

    haven?
  • PeacefulWaters
    PeacefulWaters Posts: 8,495 Forumite
    I've found an old national savings book.

    It had £100 from Jan '95

    a further £70 was deposited in jan 2006.

    Would it haven grown?

    It will be likely to be around the same dimensions it was in 2006.

    From memory, these books are plastic and paper. I'm not aware of such materials growing in any noticeable way.
  • le_loup
    le_loup Posts: 4,047 Forumite
    With those materials it is more likely to have shrunk, but only marginally.
  • roddydogs
    roddydogs Posts: 7,479 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Ive still got mine from the 60s, its got 14p in it (old pence) has this grown, or should I put it in an antiques sale?
  • I've got a National Savings Certificate from 1965, issue value £1. It was due to mature in 1970 at £1 and 5 shillings (£1.25). I keep it for sentimental reasons.
  • I've found an old national savings book.

    It had £100 from Jan '95

    a further £70 was deposited in jan 2006.

    Would it haven grown?

    Your best bet would be to write to NSI in Glasgow and ask them to write up your book with all interest accrued since it was last written up, presumably 2006. To answer your question, the balance will have grown but nobody on here can say how much, only the NSI computer can work that out. It depends on the type of account and the various rates which will have applied since 2006.
  • Pincher
    Pincher Posts: 6,552 Forumite
    1,000 Posts Combo Breaker
    We have a Conservative government now, would passbooks from the Labour era still be valid? :D
  • robatwork
    robatwork Posts: 7,247 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Ah is this one of the old blue plastic covers with a transparent 2cm edge?

    Wish I still had mine - used to save £1 weekly at the post office. That was of course when we had £1 notes and post offices, and everything was in sepia.
  • sheramber
    sheramber Posts: 21,569 Forumite
    Part of the Furniture 10,000 Posts I've been Money Tipped! Name Dropper
    I have just redeemed my Ordinary Savings Account with NSI.The ordinary account no longer exists so it had become a residual account, not having been used since 1970's.

    My husband also had an old account from the same era.

    These accounts held £10 and £5 respectively. Interest of few pence was credited.

    Current interest rate is stated as 0.10% gross/AER.

    You can download forms here

    http://www.nsandi.com/downloads-and-forms
  • AnotherJoe
    AnotherJoe Posts: 19,622 Forumite
    10,000 Posts Fifth Anniversary Name Dropper Photogenic
    roddydogs wrote: »
    Ive still got mine from the 60s, its got 14p in it (old pence) has this grown, or should I put it in an antiques sale?

    Check the pence, if one of them is a 1933 you are quids in.
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