Published On: Fri, Jan 24th, 2020

Universal Credit: Help to Save savings account explained after Martin Lewis Money Show | Personal Finance | Finance


Gov.uk explains that the most a person can pay into the account each calendar month is £50 – which is £2,400 over four years.

The most they can earn from the savings in four years is therefore £1,200 in bonus money.

Earlier this week, during the savings special of The Martin Lewis Money Show, Martin Lewis spoke about this savings account.

Having explained some details about it, Mr Lewis said: “Frankly it’s totally unbeatable if you’re eligible and it goes slap bang at the top of my rate-o-meter.”



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