Working out the value of your savings and other capital

Universal Credit: Working out the value of your savings/capital

To claim Universal Credit you must report the total value of all savings and other types of capital that you and/or your partner have. This includes money you are saving to pay for something. The types of savings and other capital you must report for Universal Credit are listed below.

To give the total amount that you must report, add together the value of:

  • all the items you have in the common types of savings and other capital list below
  • all the items you have in the less common types of savings and other capital list below
  • any other types of savings and other capital you have

Common types of savings and other capital

  • cash savings
  • bank or building society accounts
  • money in Tax Free Childcare account (80% of value)
  • Post Office accounts
  • Individual Savings Accounts (ISAs)
  • internet accounts (including PayPal)
  • money in a Save as You Earn scheme
  • National Savings and Investments
  • National Savings Certificates
  • Premium Bonds
  • redundancy payments(apart from payments in lieu of earnings or holiday pay)
  • Credit Union accounts
  • any other similar types of savings and other capital

You and/or your partner may also have some of the following less common types of savings and other capital which you need to include.

Less common types of savings and other capital

  • capital bonds
  • income bonds
  • stocks and shares
  • Personal Equity Plans (PEPs)
  • trust funds
  • annuities
  • money from the sale of a house
  • money from the sale of building society windfall shares
  • land and property (other than the property where you live)
  • money or property held in trust
  • savings and other capital held outside the United Kingdom
  • Personal Injury Payments
  • private insurance for credit cards or mortgage debts
  • other investments (for example Investment ISAs)
  • any other similar less common types of savings and other capital
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