Get help with savings if you’re on a low income (Help to Save)

How it will affect your benefits

Saving money though a Help to Save account could affect your eligibility for certain benefits and how much you get.

Universal Credit

If you or your partner have £6,000 or less in personal savings this will not affect how much Universal Credit you get. This includes any savings in your Help to Save account.

Your Help to Save bonuses will not affect your Universal Credit payments.

Working Tax Credit

Any savings or bonuses you earn through Help to Save will not affect how much Working Tax Credit you get.

Housing Benefit

If you or your partner have £6,000 or less in personal savings this will not affect how much Housing Benefit you get. This includes any savings in your Help to Save account.

Your Help to Save bonuses will not affect your Housing Benefit payments.