Credit Cards

Which credit cards are easy to get with low (or zero) income?

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  • Oct 24th, 2017 8:39 am
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[OP]
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Feb 11, 2013
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BC

Which credit cards are easy to get with low (or zero) income?

Hi All,

My spouse is currently not working and she holds a few credit cards from the past. She applied for RBC westjet and Scotia Amex, both denied - RBC was denied online. Scotia Amex asked for T4 to verify income which we couldn't do.

I'm wondering what other cards can we apply. She had Amex Gold that just recently cancelled. Her CS is over 770+

We don't need credit if anyone is wondering, just wanted to take advantage of bonuses :)

Edit: I also have credit cards.
Last edited by Pursuit2013 on Oct 20th, 2017 12:46 pm, edited 3 times in total.
11 replies
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Aug 22, 2011
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Why is she applying for all of these cards and not you?
[OP]
Sr. Member
Feb 11, 2013
860 posts
142 upvotes
BC
vkizzle wrote: Why is she applying for all of these cards and not you?
Valid question. I have been as well ..but her credit score is 770+ so we thought why not check out some cards?
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Aug 22, 2011
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Pursuit2013 wrote: Valid question. I have been as well ..but her credit score is 770+ so we thought why not check out some cards?
Unfortunately, having a good score doesn't negate income requirements.
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Dec 14, 2007
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American Express cards ( non-Scotia ) all don't have an income requirement as you've found out. None of them have income requirements. Note that it's up to you whether you consider your income as "the family" income or not. Some on RFD just use the combined income of the couple when salary is asked, especially if the application doesn't specifically ask for your spouse's income.
I'd love to write history... in advance.
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atomiton wrote: American Express cards ( non-Scotia ) all don't have an income requirement as you've found out. None of them have income requirements. Note that it's up to you whether you consider your income as "the family" income or not. Some on RFD just use the combined income of the couple when salary is asked, especially if the application doesn't specifically ask for your spouse's income.
Amex doesn't have income requirements anymore but they still ask in the application.
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wra45mon wrote: Amex doesn't have income requirements anymore but they still ask in the application.
Yep. Of course they're going to still ask in the application they still want to know what kind of income is that their customers have after all. More information that they have the better it is for them to target certain consumers over others
I'd love to write history... in advance.
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Does Scotiabank ask income verification solely because someone is not a client of theirs or they ask random clients too. Just curious and asking.
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I believe the original concept of buying on credit is to pay it later. So if you have no income today, the argument is how can you pay it later? and why do you need credit? and no, getting welcome points, churning is unfortunately not the answer CC companies want to hear Face With Tears Of Joy

welcome bonus is a trap laid to meet their original goal. even if companies like AMEX dont really rely on interest fees, they still want to have a decently earning client so that the spending portion is there. companies also have the complimentary card concept.

so really, there is no free lunch of welcome bonuses here for the non-earning spouses. also, there is that risk of what if there is a divorce/ split, etc. maybe they have done some actuarials and found out that the risk is too much.
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lola99 wrote: Does Scotiabank ask income verification solely because someone is not a client of theirs or they ask random clients too. Just curious and asking.
I was required to prove my income when I applied for the Momentum Visa Infinite.
Pain in the butt, as I had to go into the branch twice.
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Sep 4, 2017
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vkizzle wrote: I was required to prove my income when I applied for the Momentum Visa Infinite.
Pain in the butt, as I had to go into the branch twice.
When you applied were you already doing banking or had an account with them?
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lola99 wrote: When you applied were you already doing banking or had an account with them?
No, I was not a customer at the time.

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