Letter: Why doesn't the Post Office want our money?

Mrs Alison Leakey
Thursday 28 April 1994 23:02 BST
Comments

Sir: Being old-fashioned enough to believe that the Post Office savings account was for small savers, particularly children, I opened two accounts, one for each grandchild, last year. At Christmas I tried to pay pounds 5 into each account to be told that the minimum acceptable was pounds 20. I exploded with fury and immediately wrote to the controller of the National Savings, demanding that the accounts be closed.

My grandsons now have a building society account each, into which I can pay as little as 10p when I have any money to spare. At present, interest is low, but being minors, income tax is not payable. Moreover I do not have to fill in a form in order to make a deposit.

Yours faithfully,

ALISON LEAKEY

Welwyn Garden City,

Hertfordshire

27 April

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in