Save The Change Schemes

silver58
silver58 Online Community Member Posts: 10 Listener

Thank you in advance for any help with the following..I have been using my banks Save The Change scheme for many yrs now and it's accrued a rather large sum.

Do I have to declare it as savings or income?I thought as it's already my savings,I shouldn't have to?

Comments

  • Kimi87
    Kimi87 Online Community Member Posts: 5,250 Championing

    If any of your ESA is Income Related, you need to declare any capital over £6000.

  • silver58
    silver58 Online Community Member Posts: 10 Listener

    Thank you Kimmy87!