Household income on CC application

Search this thread

Last Updated:
Oct 12th, 2015 5:30 pm

Tags:

None

SCORE

Reply to ThreadReply

Search this thread

Oct 12th, 2015 2:19 pm

MakeMeRich [OP]: Newbie; Sep 30, 2015; 12 posts; Macdonald, MB

Oct 12th, 2015 2:19 pm

Household income on CC application

Question about this. I'm applying for the BMO World Elite card and with income, it asks for total household income. I live with my brother, but he wont be using the card.

It says the following:

Other Household Income is defined as the Total monthly/annual before-tax income from all members (excludes the primary applicant) that are of the age of majority within the household. Income sources include, but are not limited to employment, investment, alimony, child support, social assistance and rental income.

Should I put in his income there to help boost my chances of approval or no?

6 replies

Oct 12th, 2015 3:36 pm

Pointseeker: Deal Addict; Dec 28, 2011; 2577 posts; 257 upvotes; Calgary

Oct 12th, 2015 3:36 pm

MakeMeRich wrote: ↑Question about this. I'm applying for the BMO World Elite card and with income, it asks for total household income. I live with my brother, but he wont be using the card.

It says the following:

Should I put in his income there to help boost my chances of approval or no?

Is he paying your bills?

They asking for family income that can be used for payment not who in the family will use the card.

Oct 12th, 2015 3:49 pm

supertronic: Sr. Member; Mar 3, 2015; 699 posts; 95 upvotes; Scarborough, ON

Oct 12th, 2015 3:49 pm

just put $180k
and if its only you put $95k

and wait for decision, simple as that.

Oct 12th, 2015 4:31 pm

604nation: Deal Addict; Aug 31, 2014; 1505 posts; 560 upvotes; YVR, BC

Oct 12th, 2015 4:31 pm

some will ask for income verification via letter after application

Oct 12th, 2015 4:54 pm

bruceh2015: Deal Addict; Apr 13, 2015; 1108 posts; 214 upvotes

Oct 12th, 2015 4:54 pm

supertronic wrote: ↑just put $180k
and if its only you put $95k

and wait for decision, simple as that.

That would definitely be a RFD norm: Exaggerate your reality by a multiple of 10.

+1

Oct 12th, 2015 5:03 pm

mikeymike1: Deal Fanatic; Apr 16, 2007; 8125 posts; 3457 upvotes; Financial District B…

Oct 12th, 2015 5:03 pm

supertronic wrote: ↑just put $180k
and if its only you put $95k

and wait for decision, simple as that.

This coming from someone who's stated he's on a disability benefit of less than 12k per year a few times in various other threads.

----------------------------Licensed Credit Bureau member, S1, FI Automotive, CCP forums most banned = x 13 and counting, guess who that is?... stomped to the curb once again

+5

Oct 12th, 2015 5:30 pm

crownme: Member; Aug 27, 2007; 453 posts; 62 upvotes

Oct 12th, 2015 5:30 pm

604nation wrote: ↑some will ask for income verification via letter after application

Not necessarily though

Reply to Thread

Top

Thread Information

There is currently 1 user viewing this thread. (0 members and 1 guest)