Getting a credit card with no job

Sandtree

lisyloo said:

cx6 said:

SpanglySaver said:

cx6 said:

not sure if this would work but could you put some money into income producing investments ? or buy an annuity ?

I could but it the extra protection on purchases that I'm wanting. Thanks so much for your help though!

the reason for my suggestion is that you would then have income which would allow you to apply for a card

How does this work?
if the income from investments is variable then how do you declare it? 

It’s speculative isn’t it?

Depends what you do... an annuity is an income for life either on a fixed basis or escalating (either fixed percentage or RPI etc) and so no speculation. Rates are terrible these days though so may not be the best idea.

There are various other investment products you can get which invests in funds and has smoothing applied - so money held back in good years and used to bolster poor years. Not as many offer a guaranteed return any more, many older ones did, but still can provide a steady income stream.

Many people's income isnt flat because they're zero hours or self employed and the volume of work varies. Banks are generally comfortable with the fact their is variability and will just ask for monies over a suitable time horizon to get an average income.