Check out ‘Help to Save’
Help to Save is a type of savings account. It allows certain people on a low income entitled to Working Tax Credit or receiving Universal Credit to get a bonus of 50p for every £1 they save over 4 years (check here to see if you are eligible).
Help to Save is backed by the government so all savings in the scheme are secure. What’s not to like with money for free! Follow the link; https://www.gov.uk/get-help-savings-low-income.
You could alternatively check out a credit union. Credit unions offer an alternative to traditional banks and building societies for saving and borrowing. They can sometimes beat the rates on the high street. Credit unions offer savings and loans and some offer current accounts. Saving is safe with the credit union and your money is also easy to access when you need it.
There are a number ways to find a credit union near you and check out precisely what your local credit union offers: Follow the link - Find Your Credit Union, or you can call 0161 832 3694.
If you have money worries that might affect you paying your rent, the Curo Customer Accounts team are here to help, give us a call or email us at firstname.lastname@example.org