| UPDATED: 08:00, Mon, Feb 1, 2021 Link copied Make the most of your money by signing up to our newsletter for FREE now SUBSCRIBE Invalid email When you subscribe we will use the information you provide to send you these newsletters. Sometimes they'll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. Universal Credit is a state benefit which provides support to those who are on a low income or out of work entirely. It can be awarded to people who are aged between 18 and state pension age (with some exceptions for those who are 16 or 17) who have less than £16,000 in savings.