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found an old savings book

Posted: Sun Nov 25, 2018 3:31 pm
by Mad Dilys
When sorting out family stuff recently I found a Lloyds Saving Bank account book.

£2 was deposited in August 1975 and by November 1978 the deposit had risen to £2.43p I wonder what it should be worth now 40 years later - and will they pay out? :tk

£2 in 1975 is worth £15 in 2018 by the way.

Re: found an old savings book

Posted: Sun Nov 25, 2018 5:54 pm
by LovelyLadyLux
I remember those days of getting good interest rates. Wish it was that way now. I think we're, at best, right now getting 2.5% but that is an all time high as it has mostly been .05% or LESS so as to actually put your account into the negative.

Here if you don't use a bank account for 5 years (might even be less) they close your account on you.

Good find though!