£10 in a National Savings Investment Account

Discussion in 'OT (OFF Topic) Forums' started by C240Sport97, Jan 26, 2012.

  1. C240Sport97

    C240Sport97 MB Club Veteran

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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.
     
  2. Harrythedog

    Harrythedog Hardcore MB Enthusiast

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  3. artyman

    artyman Hardcore MB Enthusiast

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    You owe them £3.64 :D
     
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  4. LESTAYLOR

    LESTAYLOR Hardcore MB Enthusiast

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    £3126.25 :d
     
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  8. gmk666

    gmk666 Hardcore MB Enthusiast

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    You got it back?
     
  9. Dr-Nab

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    £10?
     
  10. SPX

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  11. OP
    OP
    C240Sport97

    C240Sport97 MB Club Veteran

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    yes, straight into my bank account.
     
  12. Shude

    Shude MB Club Veteran

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    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?
     
  13. grober

    grober MB Club Veteran

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    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?;)
     
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  14. GrahamC230K

    GrahamC230K MB Club Veteran

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  15. Rich27

    Rich27 Active Member

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  16. OP
    OP
    C240Sport97

    C240Sport97 MB Club Veteran

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    phone them, and they send you a form.

    NS&I - Contact us
     
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  17. OP
    OP
    C240Sport97

    C240Sport97 MB Club Veteran

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    you could certainly use this for your entry.

    exact amount will be revealed tonight :)
     
  18. Fuji

    Fuji Member

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    They sent you the book back with an IOU note?
     
  19. grober

    grober MB Club Veteran

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    £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.
     
  20. OP
    OP
    C240Sport97

    C240Sport97 MB Club Veteran

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

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