How rich have you got to be to forget an entire bank account, do you reckon? Like: how little do you have to care about how much money you have to forget an ENTIRE BIG POT OF MONEY?
I feel like the answer should probably be “quite rich”, but apparently not: people are forgetting bank accounts left, right and centre, according to Money Saving Expert.
They say that there’s around “£850 million in old bank and building society accounts” and a further “£15 billion” in premium bonds, investments, pensions and insurance policies that people have forgotten.
And a government report tells the tale of one man who found nearly £40,000 in a pension fund he’d forgotten, which seems pretty careless if you ask me.
Y'all ever been so broke that you checked your Venmo and Cash App to see if you got any money you forgot to transfer into your account? Lol— Tess 🍫 (@MyNamesTessa) April 10, 2017
Never fear, though: if you’re worried you, too, may have somehow forgotten fifty grand or something, there’s now a way of finding out.
The British Bankers’ Association, the Building Societies Association and National Savings & Investments have set up “My Lost Account”, a service that lets you track down lost money.
“mylostaccount.org.uk brings together the three tracing schemes of BBA, BSA and NS&I into a single website,” the website reads.
“This means that anyone with a lost account with a bank, a building society, NS&I – or all three – can initiate a search simply by visiting this website and completing only one application form.”
All you have to do is fill out an online form – you’ll hear back within about 12 weeks, apparently. Drinks are on you, eh?