Barclaycard Income Request

1 Post
Newbie
in Credit cards
I have had a Barclaycard Rewards card for a few years now. They're now asking me to update my income information.
The problem is I have literally zero income and am living off savings only and a small amount of interest on the savings. Obviously I did have income when I took out the card.
Although I can easily afford my card expenditure and clear the balance every month from the savings for quite some time to come (years) I presume that if I tell them this my card will be withdrawn. If I don't tell them by the deadline next month of my income (and I don't want to lie as no doubt that would be fraud) will they take it from me anyway?
Thoughts?
The problem is I have literally zero income and am living off savings only and a small amount of interest on the savings. Obviously I did have income when I took out the card.
Although I can easily afford my card expenditure and clear the balance every month from the savings for quite some time to come (years) I presume that if I tell them this my card will be withdrawn. If I don't tell them by the deadline next month of my income (and I don't want to lie as no doubt that would be fraud) will they take it from me anyway?
Thoughts?
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Replies
If you tell them your current situation, they may let you keep it but with a more appropriate limit.
Double check what they allow you to count as income, benefits, pensions, regular interest etc can be included with some lenders.
I'm wondering if you can rent out a room in your house to a lodger and use that as a 'rental income'.