A few card issuers provide statements that list
authorized user charges separately from the primary user's.
An additional benefit to this arrangement, of course, is that you continue to earn miles whenever
the authorized user charges purchases to his or her credit card.
Not exact matches
You represent that you are the owner or
authorized user of the wireless device on which messages will be received, and that you are
authorized to approve the applicable
charges.
The Mileage - Based Road
User Charge System does not use PII for any secondary purposes that might require consent unless otherwise
authorized by law.
An
authorized user is different from a joint account
user, who is also allowed to make
charges on the account but is also liable for any debt related to the card.
Authorized users receive their own credit card with their name on it, but they are not legally responsible to pay any debt that's
charged on the card.
Unlike an
authorized user, both co-signers are jointly liable for repayment and both can
charge debt to the card.
The
authorized user will have full access to your credit line, and you'll be responsible for whatever
charges occur on their card.
If you choose to add an
authorized user to your credit card account, this means you're giving someone else the ability to make
charges to it.
That includes any
charges made by any business employees you designate as
authorized users of the card.
First, let's review what it means to add your child as an
authorized user to your account: Essentially, you're giving him or her the ability to make
charges to card, but no responsibility to pay.
The Chase Sapphire Reserve ℠
charges $ 75 for each
authorized user added to your account and doesn't offer a bonus for doing so.
Charge cards are not included in utilization calculations This leads us to why the
authorized user's lack of any revolving credit matters in this situation.
Adding
user to credit card can help boost score As a recommendation then, why not also add one of your lowly utilized credit cards, assuming you have one, to this
authorized user's credit report and score in the same way you're adding this American Express
charge card?
This is why your suspicion that the American Express
charge card won't help overcome the
authorized user's lack of a «debt to credit ratio» is valid, since
charge card balances are excluded from utilization calculations.
The
authorized user is under no legal obligation to pay back the credit card company for any
charges incurred.
Some issuers provide additional cards for employees or other
authorized users at no additional
charge.
This post originally appeared March 15, 2018 on CreditCards.com as «Can adding
authorized user to
charge card help them build credit?
2Primary Cardholder remains liable for all
charges to the Account, including those made by an
Authorized User.
While initially intended to apply to spouses and significant others who share financial responsibilities, a unique credit - building feature of an
authorized user account is that, without taking responsibility for
charges on the card, the entire account history is included in the
authorized user's credit file and credit score.
A «piggybacker,» more commonly known as an «
authorized user,» is a person permitted to use a credit card by a primary cardholder who maintains responsibility for all debt on the card, regardless of who makes the
charges.
Authorized users have access to the cardholder's full line of credit and can
charge as they please.
Another danger comes from joint account holders or
authorized users who put excessive
charges on your shared card.
Dear Opening Credits, I added my son as an
authorized user to my Barclaycard Arrival Plus World Elite Mastercard because he is studying abroad and the card
charges no foreign transaction fees.
You are ultimately responsible for any
charges the
authorized user makes, however, so you should only ever add someone you trust.
As an
authorized user, the primary
user is responsible for paying all
charges at the end of the billing period.
Do not forget to
charge at least $ 500 and add an
authorized user in the first three months to receive the $ 175 bonus.
With Chase Sapphire Reserve, your $ 300 in travel credits can be redeemed against the cost of your tickets, fees, and upgrades with any airline (although in - flight purchases are not covered), whether they're
charged by you or by an
authorized user.
The
authorized user is issued a card in his or her own name, and the account owner agrees to be financially responsible for the
user's
charges on the account.
Kim McGrigg: Debt on his late mother's credit card haunts son — He was only an
authorized user on his late mother's card, but a mistake lays his mother's charged - off debt at his feet, hurting his credit score... (See Author
authorized user on his late mother's card, but a mistake lays his mother's
charged - off debt at his feet, hurting his credit score... (See
AuthorizedAuthorized user)
... (See
Charge cards and
authorized users)
Authorized user kept
charging on deceased dad's card — Five years after her father died, daughter wonders who is liable for the balance... (See Liability)
--
Charge cards are excluded from utilization calculations, so they might not help boost
authorized users» credit as much as a traditional credit card.
If your
authorized user runs up a balance they won't pay off, however, you'll be on the hook to repay their
charges.
-- An
authorized user wonders who's liable for
charges on her deceased father's credit card... (See Liable)
In fact, along with
charging $ 450 per year, the card also
charges a fee of $ 75 for each
authorized user.
2 Primary Cardholder remains liable for all
charges to the Account, including those made by any
Authorized User.
Can adding
authorized user to
charge card help them build credit?
Free Employee Cards If any employees are allowed to use the account, they will be
authorized users and will have equal
charging privileges unless individual spending limits are established for them.
--
Charge cards are excluded from utilization calculations, so they might not help boost
authorized users» credit as much as a traditional credit card.
You are responsible for any
charges made by
authorized users.
Finding a single reward card for the whole family — If you're looking to consolidate all household
charges on one statement, consider adding family as
authorized users... (See Authori
authorized users... (See
AuthorizedAuthorized users)
There's the obvious issue that the primary account holder is still responsible for the
authorized user's
charges, but there's a less obvious downside that being added as an
authorized user can work against you when issuers look at how many new accounts you have opened in the past two years.
... (See
Charge cards and
authorized users)
Then, it tops other cards with an additional 5,000 points for adding an
authorized user and making your first
charge within the first three months from account opening.
Authorized user Gold cards don't receive benefits of the American Express ® Platinum Card ®, so it's kind of pathetic that Amex would
charge us for the privilege of spending more money on the account.
Authorized users will have the same account number and
charging privileges as the primary cardmember but will not be financially responsible.
It surely adds value to the $ 450 annual fee, considering that adding
authorized users comes with no
charge, but some might see it as devaluing Admirals Clubs by overcrowding them.
This card does not
charge a fee to add
authorized users and the amount of traveling companions that may gain complimentary access to the lounges is unlimited.
Remember, you are ultimately responsible for
charges from
authorized users.