boggler wrote:I'm trying to add my partner as a joint account owner to my credit card, but most places I spoke with only offer authorized user status, with a single account owner. Is this normal? What do most of you do to share credit cards with your partners?
Part of the reason I want to do this is to have the account listed equally on both credit histories (we pay off in full every month). I've heard horror stories about spouses being listed as an authorized user on all cards with excellent credit, but then being denied for credit at a later date since they were never listed as an owner.
Seems to me I read an article just the other day that said CC companies were stopping joint owners and tilting toward authorized users--but that may have been just my whirlwind application for an Amex at Costco the other day. I do know that I'm only an authorized user on my partner's USAA CC and it shows up on my credit report. He's an authorized user on *my* Bof A Amex and my credit report shows the account as "individual" so I'd assume he's just an authorized-- he doesn't have any credit reports handy so I don't know if it shows up or not.
I'm not quite sure what/how "listed equally" means-- other than I guess Joint vs. authorized. If you don't have a problem qualifying can't you each get one and have the other as authorized? We each have four or so-- we're older and retired-- individual cards for our own expenses and use the joint card for joint expenses. It's a long weird story why we now have three joint cards. We each have excellent credit--over 800-and each we get a credit report one of the reasons for it not being better is "not enough credit sources"-- the more the better it seems. I saw an article the other day that said the average is "about 10"-- we don't have a mortgage or car loans so that counts against us!