The savings account offering a 50% bonus - with a catch

The Help to Save program, explained by Martin Lewis, offers a savings account that provides a 50% bonus to eligible individuals. This initiative is specifically designed for some people receiving universal credit, aiming to encourage savings among those who may face financial challenges. The program's structure includes certain conditions that participants must meet, which could impact its accessibility and effectiveness. Understanding this program is crucial as it highlights efforts to support low-income individuals in building financial resilience.