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Credit Card Applications » Credit Card Questions » Other Questions » How do I apply for a credit card with a monthly inheritance as income?

How do I apply for a credit card with a monthly inheritance as income?

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Date:
December 17, 2008, 8:49 pm
How do I apply for a credit card with a monthly inheritance as income?
Answer:
If you can verify your inheritance income with all the necessary documents, you can apply for a credit card online. The size of the income will determine the credit limit you qualify for. What's more important for the bank is your credit history. Assuming that you have the income verifying information, we have selected three credit cards that may suit your current credit rating:

For excellent/good credit history, there is the Discover More® Card, a no annual fee plastic with 0% APR on purchases and balance transfers. You'll earn 1% cash back on each dollar spent with the card.

With a fair (average) credit score, when you are just building credit or trying to improve it after a late payment in the past, apply for Capital One Platinum, a lowest APR card with moderate annual fee and introductory interest rate on purchases. Its limit ranges between $300 and $3000.

If your credit is bad and needs rebuilding, consider a special credit card from First Bank of Delaware. Continental Finance MasterCard®is unsecured and accepted at millions of locations worldwide. It reports to all the major credit bureaus each month, helping you rebuild credit faster. You may know your application results in seconds if you qualify.

So, check your credit rating before you apply for a credit card online. Income is only of second importance.

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