Universal credit review and savings

sophie2002
sophie2002 Online Community Member Posts: 150 Contributor
in Universal Credit (UC)

Just a quick question my savings account is obviously linked to my normal account were I recieve my uc I do dip in my savings I take money out then sometimes put it back but obviously it my money and my savings I don't know if I'm going to get in trouble for dipping in my savings it's not that I've ever had any money given like large amount if I go back it's basically my money benefits only and I put it in and take it out done this years I know there only checking 4 months worth but will they ask why I do this I'm stressed enough it clearly shows on my statements I sometimes do this and it's for when my balance is getting low and I want to get something nice I'm so confused now also I know your pip uc backpays are disregarded for 1 year I'm gunna work that out but are all col disregarded entirely I know I can spend my money on what I like but it's the savings I'm wondering about now any help would be great thanks I'm checking my last 4 months savings and sometimes I paid I took out 200 and put it back in that month I know it's wierd but I do this a lot x

Comments

  • Kimi87
    Kimi87 Online Community Member Posts: 5,910 Championing

    Did you submit four months of statements for all your bank accounts?

    Moving money around between your own accounts is perfectly normal and UC won't have a problem with that.

    Especially as you are well under that magic number £6k.

  • sophie2002
    sophie2002 Online Community Member Posts: 150 Contributor

    I'm going to submit everything Saturday as my deadline is Tues 13th I was so stressed again I only have my normal account and my savings that's linked on my app no more accounts at all got pay pal but beer have any money in that I just purchase stuff all the time ive never took any massive amounts out it's quite a read to look what I do but it's all my money going in and out of my savings and bank I've never been given anything only odd friend pauling back the odd 20 that is in my bank though never savings will it be ok then as long as nobody has ever put anything in my savings apart from me and it 100% never reached 6k I got back pay but back in 2022 and I've had all col payments do they permanently disregard these as it came to I think 1850 altogether do they still take this off my up to date final balance it's very confusing I haven't took it off cos you just never know how they calculate it all but even then I've not go anywhere near 6k in my 2 accounts is this correct even added my cash outs over the last 4 months incase they ask and I can' prove adding them in together if they were been funny with me it doesn't even total anywhere near is this going to be ok my overthinking is taking over xx

  • sophie2002
    sophie2002 Online Community Member Posts: 150 Contributor

    Will they question what I spend cash on ive heard if you can't explain, they can use it as cash and add it to your new ap is this correct I just buy my mum stuff and bits and bats for room bedroom my animals or are they just looking for big deposits or large amounts coming out I hate all this can't explain what I spent cash on years ago never mind 4 months ago 8 just used to get my mum to take it out for getting me stuff when she went shopping I just need to print 4 months PayPal then sort my passport then I will send it all at weekend so it gets there ive not slept for days looking through stuff xx

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