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Wales Online
Wales Online
National
Rachel Pugh, Levi Winchester & Chris Attridge

Martin Lewis says Universal Credit 'Help to Save' bank account that pays out £1,200 in free cash is 'unbeatable'

Martin Lewis has urged UK consumers to see if they're eligible to open an "unbeatable" little-known bank account that could give them a £1,200 payment. The Government-run Help to Save scheme is a savings account available to low-income workers claiming Universal Credit or Working Tax Credit, who have less than £6,000 saved.

The account offers a 50p bonus for every £1 saved - or a 50% return of your money. Account holders can pay in up to £50 a month over a four-year period - which would result in a bonus of £1,200, the Mirror reports.

Posting to Twitter, Lewis said: "Are you, or someone you know on Universal Credits or other benefits? Do look at Help To Save.

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