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Annual income for credit cards include benefits?

Rforumaccount2016
Rforumaccount2016 Posts: 2 Newbie
edited 9 August 2016 at 6:27PM in Credit cards
Hi, I was just using the credit card comparison tool on this site. When filling out the information I was wondering does annual income include any benefits payments?

Thanks.

Comments

  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    That would depend on the specific card provider. Typical example from Halifax...
    Your annual income before tax

    Check what to include

    Here are some examples of what you can and can't include in your answer for this question.

    Include
    • Your annual salary before taxes and any company dividends
    • Child or spousal maintenance payments
    • Rental income from any properties you own
    • Regular pensions, savings and investment income
    • Benefits for carers and working people. For example, Child Benefit, Carer's Allowance, Working Tax Credit
    • Any other regular income you get
    Do not include
    • Unemployment and social benefits. For example, Housing Benefit, Jobseeker's Allowance, Cold Weather Payments
    • Work bonuses and net profits from your business
    • Student loans, grants and bursaries
  • Thank you for this! I'm looking at capital one, do you or anyone else have this information for them? I cannot find it
  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Thank you for this! I'm looking at capital one, do you or anyone else have this information for them? I cannot find it
    I found the Halifax details by starting an application on their website. Suggest you do the same for Capital One.
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