You asked: Can I apply for credit card without income Malaysia?

What credit card does not require income?

The OpenSky® Secured Visa® Credit Card has one of the highest approval rates because the card doesn’t require an income or employment check and doesn’t even ask for a credit check. Like most secured credit cards, you’ll still have to submit a refundable security deposit to get your card.

What do I put for annual income if unemployed?

You can list alternative income sources on your application (including your unemployment benefits)

  1. Your investment returns.
  2. Rental property income.
  3. Trust fund payouts or inheritances.
  4. Any child support you receive.
  5. Alimony payments you receive.
  6. Social Security payments.
  7. Public assistance.
  8. Retirement distributions.

How can I get a credit card with no income for free?

Steps to get Credit Card without Income Proof

  1. Consider getting a secured credit card. Many issuers allow you to obtain a credit card by pledging a fixed deposit or bank account as collateral. …
  2. Get an add-on card. …
  3. Display a bank account with a generous balance. …
  4. Get a credit card jointly.

How much credit limit can I get Malaysia?

Your credit limit is the maximum amount of money you can spend on your credit card. In Malaysia, for cardholders earning RM36,000 or less per year, their credit limit cannot exceed two times their monthly income.

How much must I earn to qualify for a credit card?

The minimum salary requirement for a credit card application is R5 000, and R10 000 for self-employed clients.

When can I apply for credit card Malaysia?

Apply for Credit Card

You may apply for a credit card from any card issuer by completing the application form or brochure. To apply you must be 21 years of age or older and earn a minimum income of RM24,000 per year.

Can a non working spouse get a credit card?

Your spouse is required to use the household income when applying for a credit card, so yes, a spouse with no income can apply for a credit card. … According to CARD Act, the applicant is required to be at least 21 years old and have a “reasonable expectation” to be able to access the household income.

Can I get a credit card with my husband’s income?

Thanks to the CARD Act of 2009 and a 2013 update from the Consumer Financial Protection Bureau (CFPB), it’s legal to use your household income, including a spouse or partner’s income, when applying for a credit card or asking for a credit line increase.

Do credit card companies know if you are unemployed?

The only way your current credit card company can know if you’re unemployed is if you tell them. If you’re applying for a new card, the company will know because the application form won’t show a place of employment.

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