Not sure how to fill in joint current account application

Laurendo

Currently filling out an online application for a joint Santander Everyday Current Account. For each applicant it asks for income and how much mortgage/rent is and how much are other outgoings. We live together. Do I put our individual incomes in for each of us and half the monthly rent and bills or total amount?

E.g. if our combined income is 2000, our rent is 500 and our outgoings are 500 should I put those amounts in for each applicant? Or should I put that each applicant has an income of 1000 (Or whatever exact figure is if not a 50/50 split) then that each applicant pays 250 rent and 250 other outgoings?

Not sure if this makes sense I'm sure I could word it better but writing this while also trying to keep and eye on baby and toddler haha.

Also why do they need to know all this? I don't want an overdraft or anything

mt99

Have you asked Santander about any queries in filling out their form?

bigadaj

Laurendo wrote: »

Currently filling out an online application for a joint Santander Everyday Current Account. For each applicant it asks for income and how much mortgage/rent is and how much are other outgoings. We live together. Do I put our individual incomes in for each of us and half the monthly rent and bills or total amount?

E.g. if our combined income is 2000, our rent is 500 and our outgoings are 500 should I put those amounts in for each applicant? Or should I put that each applicant has an income of 1000 (Or whatever exact figure is if not a 50/50 split) then that each applicant pays 250 rent and 250 other outgoings?

Not sure if this makes sense I'm sure I could word it better but writing this while also trying to keep and eye on baby and toddler haha.

Also why do they need to know all this? I don't want an overdraft or anything

It's unlikely that you earn a combined salary, so that bit should be straightforward.

For any bits where you pay jointly, such as mortgage, rent, bills etc then split as you pay for them, so 50:50, or other proportion which might be related to income disparity, one person paying for food, other paying for electric, gas etc

So long as the expenditure is reasonable and clear there's unlikely to be any issues.