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What is this payment?

6 replies

ikno · 08/07/2023 22:16

Going through my bank statement and can see a £50 credit and I’m not sure what it is. The transaction name is “X SurnameTFC”. With “X” being my first initial. I have no clue what it relates to.

OP posts:
bibbityboppityboo · 08/07/2023 22:18

Do you have any National savings income bonds? Or any savings accounts gaining interest?

YourNameGoesHere · 08/07/2023 22:19

Is it a bonus from a help to save saving scheme account?

Jobreveal · 08/07/2023 22:20

Tax Free Childcare credit.

ikno · 08/07/2023 22:25

I don’t claim tax free childcare or any benefits. I did claim UC around 3 years ago and had a help to save account but haven’t put anything in it!

OP posts:
YourNameGoesHere · 08/07/2023 22:28

ikno · 08/07/2023 22:25

I don’t claim tax free childcare or any benefits. I did claim UC around 3 years ago and had a help to save account but haven’t put anything in it!

When did you open the help to save account? It's my understanding that you got a bonus at certain intervals so if it has any money in it then you'd get a bonus.

Tilyoufindyourdream · 08/07/2023 22:29

Just googled and found another person asking similar. Turned out to be two year bonus for the help to save account.

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