MSE Credit Club savings and investments income

CatFan1000

Hello,

Ref:- MSE Credit Club savings and investments income.

Can anyone advise why there doesn't seem to be anywhere to add income from savings and investments to my annual income?

Thanks

Exodi

The CRA's do not consider it (and MSE is just acting as an aggregator), plus I don't think it would be appropriate to speculate on future investment returns in the context of assessing someones credit worthiness.

Nasqueron

Whenever I applied for a card they always ask income + interest from savers as part of your income, investments logically are excluded as they could tank in a matter of minutes

eskbanker

CatFan1000 said:

Can anyone advise why there doesn't seem to be anywhere to add income from savings and investments to my annual income?

Just to be clear, it should be possible to recognise income from savings (i.e. interest) but not capital withdrawals, if that's what you're referring to.

lr1277

After having setup the account, every time I login it asks me to confirm certain details like gender (I think), residential status and a few others. As part of this it asks if I have an income from savings or investments. I have never explored this so don't know any more. But suggests there might be places to enter this information.