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Martin Lewis urges everyone to claim free £600 cash payment – if you’re eligible

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Martin Lewis has urged anyone who is eligible to claim a free £600 from the government.

Everyone’s favourite money man Martin returned on his ITV1 live show on Tuesday night as he pushed people who qualify for a Help To Save bank account to open one as soon as possible.

Martin urged his viewers that ‘nothing else’ comes close to the offer available which gives you £600 to do whatever you want with, straight from the government’s coffers.

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Martin Lewis showed his viewers the example of a woman who successfully signed up to a Help To Save bank account.

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The woman, a farmer, said she had been struggling to make ends meet but having opened a Help To Save account, managed to reduce her broadband and mobile phone costs and stuck the £50 a month she saved into the Help To Save account.

She told Martin’s viewers: “I’ve been paying £50 a month for two years and my account showed £1,200.

“The government then paid me £600 into my current account. It’s amazing!”

The catch is that you need to be on Universal Credit and on a low income in order to qualify for the money.



A woman took Martin's advice and got £600
A woman took Martin’s advice and got £600

But if you are eligible, you should definitely claim it.

Martin added: “It’s very important for financial resilience if you can. It’s for people who are on universal credit and low incomes, if you can. Not everyone will qualify but it is worth checking.

“You can put in up to £50 a month over two years. Then, the bonus you get is on the maximum amount you had in. This is really crucial. Imagine you put in £50 a month, and you got up to £600, and then you had an emergency, your window’s broken and you had to pay to have it repaired and all your £600 goes and you can’t afford to put any money in after that.

“At the end of the two years, you still get the bonus on the highest amount you had in. 50% of £600, you’d still get a £300 bonus even if you had nothing in it. The concept is that it allows people on very low incomes to save, but still use the money if they need to.”

He said people can apply via gov.uk and “there is nothing anywhere even as close to as good as those terms” if you’re eligible.

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