£10 in a National Savings Investment Account

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C240Sport97

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in May 1987.

Recently found an old passbook with a balance of £10 as at 23 May 1987.

Sent it in last week to close and get money back.

Guess how much I got back?

Closest guess gets a Gold Star ..

Competition closes 9pm Thursday 26 Jan 12.
 
c. £25
 
£150
 
Interesting as I just found a pair of these, untouched and interest not calculated! One is an ordinary account and one is investment, IIRC something like a couple of hundred in them combined.

I've not seen them in years, opened in the early 80s for me by my folks and not used since getting a bank account in the mid 90s. What's the process for recovery?
 
Because this is a motoring forum and that monetary figures on their own are meaningless unless related to the inflation/ purchasing/taxation environment it might be useful to express your newly discovered wealth in " litres of petrol" Using these figures Petrol Prices your initial investment was worth 10x100/37.8= 26.46 litres of petrol How many litres petrol will your "windfall" buy now?;)
 
Interesting as I just found a pair of these, untouched and interest not calculated! One is an ordinary account and one is investment, IIRC something like a couple of hundred in them combined.

I've not seen them in years, opened in the early 80s for me by my folks and not used since getting a bank account in the mid 90s. What's the process for recovery?

phone them, and they send you a form.

NS&I - Contact us
 
Because this is a motoring forum and that monetary figures on their own are meaningless unless related to the inflation/ purchasing/taxation environment it might be useful to express your newly discovered wealth in " litres of petrol" Using these figures Petrol Prices your initial investment was worth 10x100/37.8= 26.46 litres of petrol How many litres petrol will your "windfall" buy now?;)

you could certainly use this for your entry.

exact amount will be revealed tonight :)
 
They sent you the book back with an IOU note?
 
£31-58 which equates at today's prices as 315.8/131.6= 2.34 litres of petrol
about a 1/10 of its purchasing power when you invested it.
 
They sent you the book back with an IOU note?

they transferred it directly into my bank account, as requested :)
 

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