@Anonymous wrote:awesome so being married its ok to put a total income for both of us? i just wanted to play by the rules. also does anyone know the time that it takes to receive the card if approved? going out of town in a week and hoping if approved it comes in before so i can use it on the trip
Yeah go ahead and do combined income or whatever your tax return would say you make in a year. Also chase is pretty good with overnighting cards if you just request them to do so. They overnighted my freedom AU when I stated I was going out of town for free.
@ezdoesit wrote:
@Creditaddict wrote:
If that's the case then you put your income and then in the "other income" you put your wife's... This is way over dramatized and debated... It's your money and you pay taxes together on the money so that's all income you have to repay the debt which is what they want to know.I have never put my wife's income when she was working, she is a stay at home mom now as my income. Unless we applied for our mortgage but that was a joint application with two seperate incomes. Just like a tax return married filing jointly. The CSP app doesn't say that it asks for other income like alimony or pension still one person.
I would put both our incomes on a CC app if I was trying to seem like I made more money than I do to acquire more credit than I deserve.
Wow.. sorry, but this is entirely unnecessary low financial self-esteem. More than you deserve? A husband / wife is considered a single financial entity for all practical purposes. You pool your resources for food, utitlities, and certainly that extends to debts as well. There is zero reason to disadvantage yourself by refusing to utilize one of the most common perks of being married... after all, we all all know there are so few 
@ezdoesit wrote:
@lonelyisland wrote:
@ezdoesit wrote:
@Creditaddict wrote:
If that's the case then you put your income and then in the "other income" you put your wife's... This is way over dramatized and debated... It's your money and you pay taxes together on the money so that's all income you have to repay the debt which is what they want to know.I have never put my wife's income when she was working, she is a stay at home mom now as my income. Unless we applied for our mortgage but that was a joint application with two seperate incomes. Just like a tax return married filing jointly. The CSP app doesn't say that it asks for other income like alimony or pension still one person.
I would put both our incomes on a CC app if I was trying to seem like I made more money than I do to acquire more credit than I deserve
Yes, and when Amex wants to verify your income, they check your joint taxes, and use the full amount reported by the hh as the income..so.......
I was curious about this answer so this is what I found.
The standard credit card application must change by Oct. 1, 2011, though credit card companies can enforce these changes at their discretion prior to this mandatory date. These application and requirement changes prevent creditors from considering the income of your spouse when calculating your ability to repay debts accumulated on personal credit card in your name only. Your spouse's income can only be considered when you apply for a joint credit account
It makes a lot of sense. For example say Chase only allows total credit across all cards to be 1x your annual income for this ex. you make 100k a year with spouses income. Then your spouse get credit for an additional 100K now instead of 1x annual income you technically have 2x your annual income in total revolving credit.
Actually that references the old law, whereas post-2013 changes in credit law specifically benefit spouses. Here are some useful links. You can observe how almost all cc providers now have a slot for "other income" by clicking "apply now" but not filling it out:
http://online.wsj.com/news/articles/SB10001424052702304906704579113762195102626