Is help to Save genuine?
Help to Save is backed by the UK Government so all savings in the scheme are secure.
Who can use help to Save account?
You can apply for a Help to Save account if any of the following apply:
- receiving Working Tax Credit.
- entitled to Working Tax Credit, and receiving Child Tax Credit.
- or claiming Universal Credit and earned a minimum of £617.73 in your last assessment period.
Can you withdraw money from help to Save after 2 years?
It's easy-access, so you can withdraw cash if you need it. First 50% bonus paid after two years. Based on the highest balance during the first two years (max £600 bonus). Second 50% bonus paid after four years.
How do I pay into help to Save?
You can pay money into your Help to Save account by debit card, standing order or bank transfer.