We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Applying for a credit card
carrot_cake
Posts: 234 Forumite
in Credit cards
Hi all
I hope someone can clarify something for me please. When applying for a credit card, do you calculate all your income or just income from employment?
I work part-time but also receive carer's allowance for my disabled child which I believe is a taxable income. I also receive some Child Tax Credit. I just wanted to know what figure I am supposed to put down as my annual income?
Thanks.
I hope someone can clarify something for me please. When applying for a credit card, do you calculate all your income or just income from employment?
I work part-time but also receive carer's allowance for my disabled child which I believe is a taxable income. I also receive some Child Tax Credit. I just wanted to know what figure I am supposed to put down as my annual income?
Thanks.
0
Comments
-
Most applications will ask your wage, and then separately any other incomes.
So you can put in your actual wage where it asks, and any money from the allowance in the other income box.0 -
Thanks for the quick response.0
-
Check out the specific website of the card issuer you are planning to apply to. They normally detail what can be included.I’m a Forum Ambassador and I support the Forum Team on the Budgeting & Bank Accounts, Credit Cards, Credit File & Ratings and Energy boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.
If you can't be the best -
Just be better than you were yesterday.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.5K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.5K Spending & Discounts
- 245.5K Work, Benefits & Business
- 601.5K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards