{"id":69870,"date":"2023-12-13T10:34:46","date_gmt":"2023-12-13T10:34:46","guid":{"rendered":"https:\/\/celeband.com\/?p=69870"},"modified":"2023-12-13T10:34:46","modified_gmt":"2023-12-13T10:34:46","slug":"exact-code-to-spot-when-third-cost-of-living-payment-worth-299-lands-direct-in-bank-accounts-the-sun","status":"publish","type":"post","link":"https:\/\/celeband.com\/lifestyle\/exact-code-to-spot-when-third-cost-of-living-payment-worth-299-lands-direct-in-bank-accounts-the-sun\/","title":{"rendered":"Exact code to spot when third cost of living payment worth \u00a3299 lands direct in bank accounts | The Sun"},"content":{"rendered":"

MILLIONS of households will soon receive the third instalment of the \u00a3900 cost of living payment direct into their bank accounts.<\/p>\n

The Department for Work and Pensions has confirmed it will issue the upcoming instalment of \u00a3299 between February 6-22 next year.<\/p>\n

<\/p>\n

It will be automatically credited into bank accounts of those who qualify for the tax-free payment.<\/p>\n

However, depending on certain criteria, some will be paid by HMRC while others are paid by the DWP.<\/p>\n

With this in mind, below are the exact codes you need to look out for when the payment is made into your bank account.<\/p>\n

The payment reference will be the recipient\u2019s National Insurance number followed by DWP COL or HMRC COLS.<\/p>\n

Read more in Money<\/h2>\n

<\/picture>SCRAP IT <\/span><\/p>\n

Big change to bill rise rules for millions of broadband, mobile and TV customers<\/h3>\n

<\/picture>PAY RISE <\/span><\/p>\n

Full list of new benefit rates revealed ahead of April 2024 rise<\/h3>\n

For example, if your NI number is JT 83 42 97B your payment will show up as "JT 83 42 97B DWP COLP" or "JT 83 42 97B HMRC COLP" on your bank statement.<\/p>\n

Brits are reminded not to panic if their money doesn't come in as soon as February 6 hits.<\/p>\n

The \u00a3299 payment is being distributed to more than eight million people across 17 days, so yours could take longer than others.<\/p>\n

The first instalment of the \u00a3900 support, worth \u00a3301, was paid out to over eight million households in April and May.<\/p>\n

Most read in Money<\/h2>\n

<\/picture>CASH IN<\/span><\/p>\n

Exact date millions will get next cost of living payment worth \u00a3299 revealed<\/h3>\n

<\/span><\/p>\n

<\/picture>BIG SAVER <\/span><\/p>\n

Martin Lewis shares ‘easy deal for everyone’ which cuts energy bills by \u00a3100s<\/h3>\n

<\/span><\/p>\n

<\/picture>CONMAN JAILED <\/span><\/p>\n

Fraudster who sold TV’s Aggie MacKenzie house from hell caged for 7 years<\/h3>\n

<\/span><\/p>\n

<\/picture>PAY RISE <\/span><\/p>\n

Full list of new benefit rates revealed ahead of April 2024 rise<\/h3>\n

<\/span><\/p>\n

The second instalment, which was \u00a3300, was paid from October 31 to November 19. <\/p>\n

It follows the \u00a3650 cost of living payment made to over eight million people in 2022.<\/p>\n

The DWP is also encouraging low-income pensioners not already receiving pension credit to check their eligibility.<\/p>\n

Successful pension credit claims can be backdated by up to three months, meaning thousands more could still qualify for the final cost of living payment as well as the third payment due in February.<\/p>\n

The full list of benefits that qualify people for the payment is:<\/p>\n