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1. How it works – Help to Save is a type of savings account. It allows certain people entitled to Working Tax Credit or receiving Universal Credit to get a bonus of 50p for every £1 they save over 4 years.

2. Its secure â€“ Help to Save is backed by the government so all savings in the scheme are secure.

3. How to save into it practically â€“ You can save between £1 and £50 each calendar month. You do not have to pay money in every month.

Join this Facebook community, run by Money helper with over 1.5k members. It gives regular saving tips and support from community savers.

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Maximise your Income

Maximise your income by checking what benefits you’re entitled to. £19 billion in benefits go unclaimed every year. Try our easy to use benefits checker today.