Stay at home Mum - what income to use to apply for credit card?

Harryonesock

I've just got c/c from nationwide. 0 percent interest for 15 months. I'm a stay at home mum. I put down child benefit, ctc. Had no problems!!

fuzzgun19

Harryonesock wrote: »

I've just got c/c from nationwide. 0 percent interest for 15 months. I'm a stay at home mum. I put down child benefit, ctc. Had no problems!!

Did you put your partner as a 2nd card holder?

Harryonesock

fuzzgun19 wrote: »

Did you put your partner as a 2nd card holder?

No just me on card.

fuzzgun19

Harryonesock wrote: »

No just me on card.

Thanks. Did you apply online or in-branch?

Is your credit file clean?

Sorry, I'm just trying to work out if I should apply to Nationwide.

CherlokHomes

I know a lot of stay at home mums who earn near on 30k a year looking after kids so I'm sure they won't fail the income.

This is not every mum of course but some earn a fortune

Harryonesock

fuzzgun19 wrote: »

Thanks. Did you apply online or in-branch?

Is your credit file clean?

Sorry, I'm just trying to work out if I should apply to Nationwide.

Applied on line. Credit file clean. I must say I really didn't expect to get one.

lisyloo

I don't know where you definition of income comes from either.

It came from a dictionary.
I would agree with you that the right definition is this case is Tescos and the best way is to ask.

I don't think there is anything crucial about it

It's not a good thing to give incorrect information when applying for credit.
I'm not suggesting anyone here is actively trying to do that, just saying that it is important to give the right information as no-one would want to be suspected of fraud just for making a mistake,

tinkerbell28

lisyloo wrote: »

It came from a dictionary.
I would agree with you that the right definition is this case is Tescos and the best way is to ask.

It's not a good thing to give incorrect information when applying for credit.
I'm not suggesting anyone here is actively trying to do that, just saying that it is important to give the right information as no-one would want to be suspected of fraud just for making a mistake,

Well it's a good job it is not incorrect then isn't it? Having done it and checked myself. As I already said in my first post. However people should always check as things change, criteria changes. MSE have huge disclaimers about not following advice on here, it's a forum full of experiences.

Tesco ask for INCOME. Personal income, not household, not wages, but personal income, it isn't defined by the dictionary definition. Otherwise it would rule out a whole host of things, not least in the ops case, child maintenance and child benefit. Which whether, I or anyone else here agrees IS income.

JKSandy

busiscoming2 wrote: »

Have asked at the bank where your main account is?

I did this with Lloyds and they gave me a card with a £10k limit - yes as a non working housewife. It was a few years ago now though. I had tried Tesco first but they wouldn't give me one, once I had the LLoyds one, Tesco allowed me one. There doesn't seem to be any sense in it.

I think credit scoring has some dark magic involved in the process.

Gels

lisyloo wrote: »

It's not a good thing to give incorrect information when applying for credit.
I'm not suggesting anyone here is actively trying to do that, just saying that it is important to give the right information as no-one would want to be suspected of fraud just for making a mistake,

Agreed. I only declare what I can prove I get and wouldn't personally inflate income by adding money given to me by OH, even if told on an application that I could. I've never been asked to prove income and don't know if any financial institutions ask for proof of income at all, but I like to be prepared just in case.

Don't know much about National Hunter, but wouldn't differing income by adding money given by OH be a red flag if on a previous application the extra money given by OH was not included? i.e. if Tesco state this is allowed on their applications then income would vary as other institutions maybe won't allow this? Just a thought.