Can I apply for a low income credit card with a low credit score?
You need to have a good credit score to be approved for a credit card in Australia. If you don't know what your credit score is, you can get a free copy of your credit report and credit score through Finder. Once you have that, you can also see your chance of approval for credit cards and other credit products on Finder.
If your score is low, spend some time repaying any existing debts and demonstrating good credit habits to build your score before applying for a credit card. Rejected credit card applications are listed on your credit history and can hurt your score.
Hi i have annual income of $61473 and taxable annual income is $23087.I am a student in Sydney and run my own small handyman business ,and i don’t know if i can get a credit card can you make it clear or help me.
Thanks
Hi Raju,
Thanks for your message. It’s great to know that you are looking to apply for a credit card. To get started, compare from the cards on the list above. Read the part of the page that says “What should I consider when comparing for a low-income credit card?” to help you decide which card to go for. As a friendly reminder, check the eligibility requirements of the card before proceeding with your application. Also, read about its features and benefits and see how it fits your financial needs. Additionally, it’s helpful to review the PDS and Terms & Conditions of the card before fully committing to the card. You may also reach out to the bank if you have any clarifications.
Hope this helps!
Best,
Nikki
We have plenty of assets but not a high income.
We have to pay ATO a huge cgt bill this year and hoped to benefit by gaining frequent flyer points.
I tried to join Amex today as it offers 100,000 points until TOMORROW!!
Do you think this is possible?
Hi Savannah,
Thanks for your inquiry.
It is very possible to get 100,000 points if you get approved before 12 midnight. When you apply for a credit card, you can usually expect an immediate response (or at least 60 seconds). However, if you still have not heard back from the provider, you can consider calling AMEX to directly follow up.
You may also refer to our guide to check your credit card application.
Hope it helps.
Cheers,
Joel
My annual salary is 210000.is it possible to get credit card
Hi Ritu,
Thanks for your question.
I’m afraid that the credit cards we feature on our pages are available to people who are in Australia only. You’d be best to get in touch with a bank in India to discuss your chances of approval for a credit card.
Cheers,
May
my annual income is 160000..is it possible to get credit card
Hi Aman,
Thanks for your inquiry!
Yes, you may be eligible for a credit card as long as you meet eligibility requirements such as your credit score, residency status, employment status and income.
There are a range of credit cards with a low minimum income requirement you can compare. You can press the “Go to Site” button of your preferred credit card to proceed with your application. You can also contact the provider if you have specific enquiries.
A friendly reminder, please ensure to read through the relevant product disclosure statement and terms and conditions to ensure that you got everything covered before you apply.
Cheers,
Jonathan
hi, i am looking for low base credit card, my monthly income14500/- is it possible get credit card??
Hi Dhan,
Thank you for your inquiry.
The minimum income required for a credit card application varies depending on the bank but is generally at least $15,000. You may want to check the eligibility requirements on your preferred credit card and speak to a bank representative.
To understand how other eligibility requirements can affect your application, you can refer to our guide on minimum income requirements. Please ensure to read through the relevant product disclosure statement and terms and conditions of the card you will choose before you apply.
I hope this helps.
Cheers,
Jonathan