Exact date £301 spring DWP cost of living payment to be made into bank accounts

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Exact date £301 spring DWP cost of living payment to be made into bank accounts
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Here is the exact date it will be paid

The first of three cost of living payments will land in people's bank accounts over the next few weeks, the Department for Work and Pensions has confirmed.

The first payment of £301 this year will be paid automatically between April 25 and May 17, meaning those eligible do not need to apply or do anything to receive it. It will be tax-free, not count towards the benefit cap, and not have any impact on existing benefit awards.The payment reference for bank accounts will be DWP COLP, along with the claimant’s National Insurance number.

To be eligible for the Cost of Living Payment, you need to have been entitled to a payment for one of these benefits between January 26 and February 25 2023, or payment for an assessment period ending between these dates. DWP is also encouraging low-income pensioners not already getting Pension Credit to check their eligibility, as they can still qualify for the £301 Cost of Living Payment if they make a successful backdated Pension Credit application by May 19.

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