Income for New Day Ltd credit cards

lycane

What counts as income for credit cards provided by the companies like New Day, Amazon credit card for example. It specifies benefits, does it mean you can put Universal Credit there too, any other benefits?

Ebe_Scrooge

Usually yes.  If there's a category for it, then you can put it on the application.  Any regular income is assessed - Universal Credit, Pension Income, whatever.  You mustn't lie, of course - if you do, and you get found out, you'll have a fraud marker put on your file and that will cause a whole heap of grief.  But any genuine, regular income can be declared.

Whether the income, when assessed against all your other data, will be sufficient to be accepted is a different matter.  But you won't know that until your application is processed.

lycane

Ebe_Scrooge said:

Usually yes.  If there's a category for it, then you can put it on the application.  Any regular income is assessed - Universal Credit, Pension Income, whatever.  You mustn't lie, of course - if you do, and you get found out, you'll have a fraud marker put on your file and that will cause a whole heap of grief.  But any genuine, regular income can be declared.

Whether the income, when assessed against all your other data, will be sufficient to be accepted is a different matter.  But you won't know that until your application is processed.

But is Universal Credit classed as income? This is why I am asking since it is not clear to me.

Ebe_Scrooge

If that's a source of income then yes.

lycane

Ebe_Scrooge said:

If that's a source of income then yes.

this doesnt help me in getting the answer to my question

ItsComingRome

lycane said:

Ebe_Scrooge said:

If that's a source of income then yes.

this doesnt help me in getting the answer to my question

If Universal Credit isn't a benefit what else would it be?

Ebe_Scrooge

lycane said:

Ebe_Scrooge said:

If that's a source of income then yes.

this doesnt help me in getting the answer to my question

In what way does it not help?  You said in your opening post that benefits are allowed to be specified as an income.  UC is a benefit.  QED.

lycane

Ebe_Scrooge said:

lycane said:

Ebe_Scrooge said:

If that's a source of income then yes.

this doesnt help me in getting the answer to my question

In what way does it not help?  You said in your opening post that benefits are allowed to be specified as an income.  UC is a benefit.  QED.

there are taxable and non taxable ones