Applying for credit card on part time income.

debsdown

I have always worked full time as a teacher, earning a reasonable wage and have always paid balances off in full etc. I now have children and only work part time. I cancelled my Barclaycard recently as I was disappointed they no longer did Nectar points. I am now finding it hard to get a new card as my salary now falls below the threshold for some cards. any advice on a good card which has a low minimum salary requirement? P.S. anyone know what the Morgan Stanley Threshold actually is?!

Reaper

If you are struggling to get credit cards then a card from your own bank is always a good option. Assuming you have handled your account ok that is taken heavily into account when deciding whether you qualify.

Also make sure you state your full income. Include any benefits you receive, gross interest from savings etc, not just your salary.

jimclark1967

debsdown wrote:

P.S. anyone know what the Morgan Stanley Threshold actually is?!

I got a Morgan Stanley card (£750 limit) on an income of £8000, not sure if that's good or bad.

JC

Careful_ly

The threshold for Goldfish cards is £5500, when it asks for occupation also allows 'homemaker'
Hope this helps

debsdown

Thanks for the replies! I have now got a Tesco card!