What is Pension Credit in the UK?

Pension Credit is a tax-free DWP benefit for UK residents over State Pension age living on low income. It tops up weekly income to a minimum guarantee (£218.15 for single applicants, £332.95 for couples) and unlocks free TV licences and Warm Home Discounts.

How does savings affect Pension Credit?

The first £10,000 in savings or capital is completely ignored. For every £500 (or part thereof) over £10,000, DWP counts £1 per week as tariff income.

What is Pension Credit in the UK?

Pension Credit is a tax-free DWP benefit for UK residents over State Pension age living on low income. It tops up weekly income to a minimum guarantee (£218.15 for single applicants, £332.95 for couples) and unlocks free TV licences and Warm Home Discounts.

How does savings affect Pension Credit?

The first £10,000 in savings or capital is completely ignored. For every £500 (or part thereof) over £10,000, DWP counts £1 per week as tariff income.

Home/Uk/Pension Credit Eligibility Calculator

DWP 2026 RatesFree TV Licence Trigger

Pension Credit Eligibility Calculator

Calculate your weekly DWP Pension Credit top-up and discover passported benefits like free TV licences, Housing Benefit, and Warm Home Discount support.

State Pension Rules →UK Benefits Hub →