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.
Default User BR wrote:There was a prior thread where married people were having trouble getting joint accounts. You might want to just open two accounts, with each other as authorized users. This has the advantage of doubling up on bonuses.
ingenue wrote:Re: doubling up on bonuses with two cards. Some rewards structures reduce reward percentages after a spending cap is reached. Typical example: Receive 5% cash back on the first $1000 you spend each billing period! (Spending above $1000 per period earns 1% rewards.) A couple spending $1000 each earns $60 rewards using a joint account, but $100 ($50 each) rewards using individual accounts (of the same credit product).
Users browsing this forum: replyguy and 33 guests