Tax Credits and Savings

I am a single mum looking into Tax Credits.
1) I have money invested in a 6 year savings account. I do not physically get given any money from any interest from the account except at the end of 6 years where there will be some sort of dividend.
How do I declare this to HMRC when claiming? (When I finally got through to them after 20 mins waiting, the explanation was as clear as mud!!!).
2) Would it be better to put the savings into Premium bonds??? someone mentioned I would be better off???
Any help gratefully accepted.


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