Care Bank

CareBankLogoCare Bank is a new initiative that allows volunteers to earn credits for every hour of caring they give to a local neighbor. The credit can then be exchanged for a reward such as a free swim or class at the local leisure centre. Or the credit can be gifted to someone in need of support (eg a family member) and exchanged for care from a good neighbour or befriending scheme.
Care Bank is therefore testing whether volunteers will give more time to care for people in their local community if they are incentivized.
Care Bank is currently being piloted in Royal Borough of Windsor and Maidenhead, by WRVS, and backed by the Cabinet Office.
In the longer term the plan is for the partnership to expand the scheme nationally. This would allow a volunteer to exchange accrued credits to, for example, help an elderly relative living in another part of the country.
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