THOUSANDS on Universal Credit and benefits will face payment date changes before the May Bank Holiday period.
Those receiving Universal Credit, pension credit and more will receive their payment on a different day than usual.
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If you’re about to receive a benefit payment during the three May Bank Holidays, you should note it might arrive earlier.
So anyone who receives Universal Credit and other benefits will be affected.
When will I get my payment?
The Government has confirmed that benefit payments due to land in accounts on Monday, May 1 will be made early on Friday, April 28 instead.
Keep in mind there are more Bank Holidays in May to watch out for too.
If you’re due payment on the substituted Bank Holiday for King Charles III’s Coronation (May 8) payments will be made on May 5 instead.
And there’s also the spring Bank Holiday on May 29 to look out for, when payments will be shifted forward to May 26.
You don’t need to do anything if your usual date for getting Universal Credit falls on a Bank Holiday.
If you don’t receive your benefit payment one working day before the Bank Holiday, you should contact DWP directly.
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Does this only affect those on Universal Credit?
This affects all individuals claiming several notable benefits including Universal Credit.
Those on the following are set to receive their benefit allowance this week:
- Attendance Allowance
- Carer’s Allowance
- Disability Living Allowance
- Employment and Support Allowance
- Income Support
- Industrial Injuries Disablement Benefit
- Jobseeker’s Allowance
- Pension Credit
- Personal Independence Payment
- State Pension
- Universal Credit
- Child Benefit/Guardian’s Allowance
- Working Tax Credits
- Child Tax Credits
Will my payment amount change?
The only thing that changes is when you get paid.
Of course, the amount you get depends on which benefits you’re currently claiming.
If you think you’re eligible for benefits and missing out, then we’ve explained how to check which benefits you could claim.
How will it affect me?
Getting paid early will mean you need to plan out your month to make sure you don’t overspend.
Make sure to factor this into your budget for May.
We’ve some top tips to make sure you save money throughout the month including meal prepping and finding hidden food discounts – you can read more about those in our guides.
