What Is The Cut Of In Savings Before You Can Apply For Job Seekers Allowance?

If you paid full last Tax year full rate NI you are entitled to Contribution-based JSA (for 6 months) irrespective of savings etc.
To get other benefits (eg. help with mortgage / rent, council tax rebates) etc you have to be on the Income-based (means tested) JSA – I believe you will get something if your savings are less than £16,000 (to get full JSA savings need to be less than about £3000) == check below or ask the Job Centre

Related posts:

  1. I Am Claiming Job Seekers Allowance – Do I Have To Declare My Childrens Savings ?
  2. I Need To Claim Job Seekers, I Have Savings Of £6.000 Does It Matter That These Savings Are Easily Accessible?
  3. How Much Savings Are You Allowed While On Jsa?
  4. Going To Apply For A Mortgage, Should I Put My Down Payment Cash In A Savings Account?
  5. Experts push for increase in ISA allowance
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5 Responses to What Is The Cut Of In Savings Before You Can Apply For Job Seekers Allowance?

  1. Steve B says:
    February 18, 2010 at 1:13 am

    I think it’s £16000

  2. Anonymous says:
    February 18, 2010 at 4:07 am

    I had to have NO savings at all before I was allowed to claim

  3. k says:
    February 18, 2010 at 6:03 am

    Why how much do you need to give away?
    I can help.

  4. mikeywil says:
    February 18, 2010 at 11:49 am

    £2000

  5. LILLY J says:
    February 18, 2010 at 5:09 pm

    The Job seekers allowance is not means tested so savings are not taken into consideration. If you have lost your job, unless for reasons of Gross Misconduct or resignation, you can claim the allowance from the day your employment ceased. I do believe that there is some time limit on the receiving the allowance as it was at one time a year. Also you must while receiving it be actively seen to be looking for work.