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    english_bass
    Am I eligible for Job Seekers Allowance if I have savings?
    • #1
    • 18th Dec 10, 8:28 PM
    Am I eligible for Job Seekers Allowance if I have savings? 18th Dec 10 at 8:28 PM
    Hello,

    Unfortunately I have recently been made unemployed, but prior to that I had worked hard to save over 10000 to go towards a future flat deposit. I also have a couple of ISA's worth around 5000.

    Question - whilst looking for a new job am I eligible to claim job seekers allowance while these savings are in the bank?

    I'm worried if you have a certain amount saved you cannot claim? If this is the case if I spent some of the money could it get round the rule?

    Thanks in advance,
    Last edited by english_bass; 18-12-2010 at 8:30 PM.
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