Pension Credit at risk for savers over £10,000 limit
UK state pensioners with over £10,000 in savings risk losing Pension Credit top-ups. Experts warn the outdated limit unfairly penalises savers. Discover if you're affected.
Category : Search result: Savings Credit
Six Major Universal Credit Changes Coming in 2026
The government has announced sweeping changes to Universal Credit and DWP benefits for 2026, including the end of legacy benefits and key payment adjustments. Discover how the new rules will affect you.
HMRC may tax UK households with £3,500 in savings
UK households with savings over £3,500 could face surprise tax bills as HMRC tightens checks on bank interest. Learn your Personal Savings Allowance and how to prepare.
Warning for savers with £5,000+ as banks cut rates
Money experts warn Nationwide customers with over £5,000 savings to act now. Online banks offer better deals as high street giants prepare to slash rates following Bank of England cut.
HMRC's Help to Save Scheme Now Permanent, Offers £1,200
Chancellor Rachel Reeves has made the Help to Save scheme permanent, extending it to 1.5 million more families on Universal Credit. Discover if you're eligible for up to £1,200 in government bonuses.
Lone Pensioners May Get £4,300 DWP Boost
Over 3 million older people living alone in England and Wales could be eligible for Pension Credit, providing an average of £4,300 in extra financial support. Check your eligibility now.
Higher-income pensioners eligible for £4,300 DWP credit
State pensioners with a higher income may still qualify for Pension Credit worth around £4,300, including vital extra benefits. Check your eligibility now.
Welfare reforms to save £1.9bn via increased face-to-face assessments
The DWP announces major welfare reforms, including a surge in face-to-face PIP and Work Capability Assessments, aiming to save £1.9bn. Read the full details on the changes.
DWP Update on Benefit Back Payments and Mandatory Reconsiderations
The DWP has clarified how claimants of Universal Credit, PIP, and Pension Credit can receive lump sum back payments following a successful mandatory reconsideration of a benefit decision.
Claim £255 Energy Bill Refund Using Two-Month Rule
Ofgem reveals £3.09bn in unclaimed energy credit. Use Martin Lewis's two-month rule to see if you're owed a refund. Contact your supplier today.
DWP doubles Cold Weather Payments for six benefits in January
The DWP is issuing multiple £25 Cold Weather Payments to eligible households on six key benefits as freezing temperatures grip the UK. Find out if you're eligible and how it works.
Amex £600 Bonus Points Offer: Eligibility Explained
American Express has launched new limited-time offers on Platinum and Gold Cards, allowing customers to earn up to £600 in points and travel credit. Find out if you're eligible before the January 2026 deadline.
Universal Credit cuts of £2,652 announced for new claimants
New claimants with health conditions will see Universal Credit support halved from April 2026, a cut of £2,652 per year. The DWP defends the move, while critics warn it will push thousands into poverty.
NS&I rate cut sparks urgent warning to savers
Following NS&I's latest rate reduction, finance expert Kevin Mountford urges savers to shop around for better deals. Discover top fixed and easy-access alternatives available now.
NS&I cuts interest rates on new British Savings Bonds
NS&I has launched new issues of its fixed-term British Savings Bonds with reduced interest rates. Find out the new rates for 1 to 5-year terms and what it means for your savings.
UK Credit Card Borrowing Hits 2-Year High
A worrying Bank of England report shows consumer credit growth surged to 8.1% in November. Experts warn of debt risks as millions struggle with festive costs. Get free debt advice.
Martin Lewis clarifies UK savings tax rules
Money Saving Expert Martin Lewis explains why hiding cash at home is a bad idea and clarifies exactly how tax on savings interest works for UK savers.
Savings Inertia Could Cost Brits £992 a Year
A new survey reveals over half of Brits haven't moved savings in a year, risking hundreds due to low high street rates. Experts urge action to switch accounts.
New Law Protects Supermarket Savings Schemes
A new UK law now protects money in supermarket savings schemes, preventing a repeat of the 2006 Farepak scandal. Find out which major retailers are affected.
DWP's £25 Cold Weather Payments start for benefit claimants
Thousands on Pension Credit and Universal Credit receive automatic £25 payments as freezing temperatures trigger DWP support. Find out if you're eligible.
HMRC update on tax discrepancies for state pensioners
HMRC has issued guidance after a state pensioner raised concerns over tax 'discrepancies' on savings interest. Learn about your Personal Savings Allowance and how to resolve issues.
Savers with £5k+ told to act as banks slash rates
UK savers holding over £5,000 with major high street banks are urged to switch to online accounts for better returns as rates are cut. Discover the top three savings accounts now.
HMRC letters for savers with over £3,500
Nearly 900,000 UK savers may receive letters from HMRC to check tax on savings interest. Experts explain your obligations and what to do if contacted.
Savers warned of £8,000 ISA allowance cut
Experts warn of 'unnecessary tax' as the cash ISA limit drops to £12,000 in 2027. Learn how to protect your savings and maximise your personal savings allowance.
Big Bank Savers Urged to Move Money for Better Rates
Money experts warn savers with major high street banks like Nationwide, Lloyds, and NatWest could be missing out on far better interest rates offered by online providers. Discover the top accounts now.
DWP Confirms £25 Cold Weather Payments for Eligible Households
Over 670,000 UK households on benefits like Pension Credit and Universal Credit are receiving £25 Cold Weather Payments. Find out if you qualify and how the scheme works.
Cold Weather Payments: £25 for 674,000 UK Households
The DWP has triggered Cold Weather Payments for 441 postcodes, providing £25 to vulnerable households. Find out if you're eligible and when you'll be paid.
NatWest cuts savings rates from January 19
NatWest is reducing interest rates on multiple savings accounts from January 19, following the Bank of England's base rate cut. Savers are urged to review their options.
Savers lose £333 by sticking with high street banks
Savings expert Matthew Jenkin warns UK bank customers could miss out on £333 interest on £10k by not switching from high street banks. Find out how to maximise your savings in 2026.
5p Money-Saving Challenge Could Save You £3,400
A UK building society reveals a clever savings hack starting with just 5p. By increasing your daily savings by 5p, you could accumulate nearly £3,400 in a year. Discover the easy step-by-step method and other effective saving challenges.
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