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Credit cards income restrictions

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  • ch3shirecat4
    ch3shirecat4 Posts: 102
    100 Posts Third Anniversary Name Dropper
    Forumite

    I'd imagine the main thing is keeping up with repayments, but worth checking the terms of the card. Losing your job doesn't automatically mean you can't afford the payments, especially if you've got savings to fall back on. Better to know where you stand though

  • GeoffTF
    GeoffTF Posts: 2,896
    1,000 Posts Fourth Anniversary Photogenic Name Dropper
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    edited Today at 8:45AM

    If you are not working and living of your investments, your income is pretty much what you say it is. I quote my taxable income in the last financial year, but I could justify other numbers. If you have a credit card with a bank that you do not use for other purposes, all they will see is your spending on the card and your repayments.

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