Credit Card on Casual pay

[Loga2015]

Does having a casual job, make it difficult to get a Credit card?
My S.O is looking to sign up for some fee free credit card, but most of them have a annual salary, which in her case makes it difficult as she has an hourly rate, and gets as per the hours she works each week.
Her reason to get a CC, would get the extra time to pay the bills, and not get them direct debit of her account.
Any help fellows?

 

[chelzmalee]

I believe they need to know you have a set amount coming in each week, though I could be wrong. I recently applied for a CC with ANZ and they didn't even want to see a copy of a pay slip, nor did they confirm my employment. So It probably depends what bank you go for.

Has she considered a debit card, putting money onto it each week and then paying the bills from this as they become due? I used to do that as a budget strategy (still do, the money just goes to the CC now).

 

[TomVexille]

Does she work a pretty consistent number of hours every week?

 

[Dr Ralph]

Does having a casual job, make it difficult to get a Credit card?
My S.O is looking to sign up for some fee free credit card, but most of them have a annual salary, which in her case makes it difficult as she has an hourly rate, and gets as per the hours she works each week.
Her reason to get a CC, would get the extra time to pay the bills, and not get them direct debit of her account.
Any help fellows?

I think you will find it varies between CC providers. Credit history is very important to some, whilst a steady income is more important to others. Talk directly to them before you waste your time with an application.

 

[Deleted member]

Start small and build a Credit Rating. Use annual figures and back it up with tax returns.

 

[MEL_Traveller]

Does having a casual job, make it difficult to get a Credit card?
My S.O is looking to sign up for some fee free credit card, but most of them have a annual salary, which in her case makes it difficult as she has an hourly rate, and gets as per the hours she works each week.
Her reason to get a CC, would get the extra time to pay the bills, and not get them direct debit of her account.
Any help fellows?

Annual salary could be evidenced by the end-of-year tax slip. Whether that's enough will depend on the specific credit card provider. As others have pointed out, different companies use different criteria. IIRC - many years ago when Wizard started (now 28 degrees), they were offering some people very low credit limits... like $600. So it may be that some credit cards out there will still give you a card, just at a level they deem 'financially responsible' for the person applying.

 

[Andyc]

I spent many years working as a casual and was able to get a credit cards at the time. My other half still does work casual and she doesn't have issues either.

The solution is to just get a few payslips together, use that to estimate annual income and then, when it comes time to prove their income, send in copies of those pay slips.
Casuals are a huge percentage of the Australian workforce so banks cannot afford to just exclude this group from their products. They may look a little closer at your tenure and income, but they won't exclude you just because you're casual.

 

[OATEK]

I spent many years working as a casual and was able to get a credit cards at the time. My other half still does work casual and she doesn't have issues either.

The solution is to just get a few payslips together, use that to estimate annual income and then, when it comes time to prove their income, send in copies of those pay slips.
Casuals are a huge percentage of the Australian workforce so banks cannot afford to just exclude this group from their products. They may look a little closer at your tenure and income, but they won't exclude you just because you're casual.

For a recent application to Bankwest, they were happy with the collected payslips to cover off the limit I asked for, but wanted a payslip from the last month to show I was still working.

 

[kyanar]

You may find it beneficial to talk to your current bank too. As they see your pay come in, they can average out what you earn in a year and ascertain your acceptable limit from there. Westpac, for example, won't even credit check if you're a customer with a year or so of history that they can see by analysing your deposits.