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Anonymous

04 Jul 2022

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Types of income when applying for credit cards

Banks usually accept proof of employment income during credit card applications, but I'm wondering if other types of income can be included as well? E.g. Rental income/ trust income etc.

Would like to know if anyone in the community has experience with this, thanks!

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Cheryl Wee

06 Jul 2022

Hello! According to this https://www.mas.gov.sg/regulation/explainers/Is..., seems like other non-employment income can be included as part of the income criteria too. So yes I think rental income would be included as well!

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