| UPDATED: 23:03, Fri, Jan 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 monthly payment which provides payments to those in need for day-to-day living costs. Whether claimants have low income, are out of work or cannot work, Universal Credit replaced the previously separate benefits. These include benefits like Housing Benefit and Jobseeker's allowance.