Universal Credit application - how much money do we enter?

calculator86

Hello,
We (couple) are just filling in the joint UC application and are at the point where they ask about our money in current accounts. We have 3 current accounts and I think it's about the sum of all.
#1: - £250
#2: - £330
#3: + £25
Since the majority is overdrawn and they don't mention that we can enter negative numbers, we tried to enter £0, but we just get a warning, if we are sure. What shall we enter?
Thanks!

HillStreetBlues

Would be £25
Loans aren't counted so can't be deducted, just your capital which is £25.

calculator86

@ HillStreetBlues
Thank you!
So if we would transfer the £25 from account #3 to account #2 (or #1)
we would enter £0 and not -£605?

HillStreetBlues

calculator86 said:

@ HillStreetBlues
Thank you!
So if we would transfer the £25 from account #3 to account #2 (or #1)
we would enter £0 and not -£605?

Yes, if balance is zero will be £0
Any account that is in debt, the figure will also be £0 for those accounts.

poppy12345

Savings of less than £6,000 are ignored anyway. Therefore, it doesn't matter what you do with the £25.

Muttleythefrog

I would just put £25 and if there is an additional info section you can spell out all your savings/account balances

calculator86

@HillStreetBlues, @poppy12345, @Muttleythefrog

Many thanks!

Newcad

I noticed, during my UC application in Nov 2021, that there  that there appears to be a programing glitch/oversight in the UC computer when entering some financial amounts.

When you are entering monetary figures then in certain places you can't enter just 0 you have to enter 0.00 or it won't  accept it.

That might be the same in other places, so even if the pounds are not zero you have to give the pennies as well.

Call it counting the pennies?

calculator86

Newcad
Thanks, good to know!