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Universal Credit claimants could be missing out on £1.2k bonus from Help to Save

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Universal Credit? If so, you could be missing out on a mega bonus. The Help to Save scheme gives you extra money on top of your own savings worth up to £1,200.

So for each £1 you set aside into a special account, the government will you give you 50p on top. And if you save the maximum amount each year, you could earn a bonus of £1,200 over the four years.

To get the maximum bonus you will need to save £2,400 over the same time, which is £50 per month. Just over a quarter of a million people have.

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