Help to Save statistics
Data about accounts opened and deposits made, including geographical breakdowns.
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Help to Save is a type of savings account that allows certain people entitled to Working Tax Credit or receiving Universal Credit to receive a bonus of 50p for every £1 they save over 4 years. Further information on eligibility can be found at the Help to Save Guidance government webpage. Help to Save is backed by the government so all savings in the scheme are secure.
Under the scheme, individuals are permitted to save up to £50 per month. The 50% bonus is payable at the end of the second and fourth years, based on the highest balance achieved over this period.
This publication includes the number of Help to Save accounts opened and closed, and information on deposits and withdrawals to Help to Save accounts. Data on the total accounts opened by country, region, Local Authority District and Westminster parliamentary constituency, and the value of new deposits by country and region is published from February 2020 publication onwards.
October 2018 is the first month with a full set of national data. Before 12th September 2018, the scheme was in a trial period, where account availability was limited. The scheme was publicly launched on 12th September as such, data for September 2018 only includes account information for transactions after 12th September 2018.
Last updated 26 February 2021 + show all updates
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Updated to include data up to January 2021
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Updated to include data up to July 2020
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Updated to include data up until January 2020 and new data on the geographical breakdowns.
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Updated to include data up until July 2019
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First published.