More than 264,000 Help to Save accounts opened

More than 264,000 individuals have opened a Help to Save account and could be earning money on their savings, statistics from HM Revenue and Customs (HMRC) have revealed.

Help to Save is the government-backed savings scheme that allows individuals to earn a 50p bonus for every £1 saved over 4 years. The 50% bonus is payable at the end of the second and fourth year and is based on how much account holders have saved.

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