What are the savings limits if you are on benefits?
If you or your partner have £6,000 (£10,000 if you are over state pension age) or less in savings this will not affect your claim for these benefits.
If you or your partner have £16,000 or more in savings, you will not be entitled to any of these benefits.
If you have savings between £6,000 and £16,000
If you or your partner have any savings or capital of between £6,000 and £16,000, the first £6,000 is ignored.
The rest is treated as if it gives you a monthly income of £4.35 for each £250, or part of £250.