How Do I Add An Authorized User To My Credit Card Account
We can help you add an authorized user to your credit card account.
Online banking steps:
To get started, log into online banking and follow these steps:
U.S. Bank Mobile App steps:
For the best mobile banking experience, we recommend logging in or .
Please be aware of the following information:
- Any request to add an authorized user to an account needs to be submitted by the account owner.
- You’ll need the authorized user’s first and last name, date of birth, and SSN.
- Middle initial is optional and there is no minimum age requirement.
Can You Add An Authorized User Without A Social Security Number
Whether you can add an authorized user without a Social Security number varies by issuer. American Express requires you to enter in a user’s SSN and date of birth. You don’t have to enter it when you set up an authorized user account with American Express, but you need to provide it within 60 days or the authorized user account will be canceled. Chase only requires the authorized user’s first and last name, an email address and phone number.
How Can I Add An Authorized User To My Account
Adding an AU to your card is usually quick and easy. It might even seem too quick and easy, but that can be true for regular credit card applications too.
You can add additional users to your account at any time, for cards that allow it. Some credit card companies will even let you add AUs during your initial account application.
We have a set of specific instructions for adding AUs for each card issuer.
To add an AU, just log in to your online account and find the appropriate link. It will probably say something like:
- Authorized Users
- Social Security number
- U.S. citizenship status
- Relationship to primary cardholder
After inputting the required information you can submit your request. The card issuer may approve your request instantly, or it could take some time to verify the identity of the AU.
Soon after, either you or the AU will receive a new card in the mail. It will need to be activated just like any other card.
Once you add an AU youll be able to set spending limits for that account, if the issuer offers this feature. Youll typically be able to monitor an AUs activity, such as by filtering transactions to show which accounts made which purchases.
Some credit card companies may have certain requirements for AUs, while others may not. American Express, for example, requires additional users to be at least 13, unlike most other issuers.
Recommended Reading: Comenity Ulta Rewards Mastercard
Help Someone Get A Fresh Start
When you add an authorized user to your credit card account, information from the account like the credit limit, payment history and card balance can show up on that persons credit reports. That means their credit can improve as a result of being added to a credit account you keep in good standing.
For people with no credit or poor credit, or people whove had their applications for credit denied, becoming an authorized user can be one of the few ways to start building a better credit profile.
Keep in mind that not all issuers provide information about authorized users to the three major consumer credit bureaus Equifax, Experian and TransUnion. So if your goal is to help a friend or family member improve their credit, ask your issuer whether it reports authorized user account information to the three major consumer credit bureaus.
Can I Add Authorized Users To A Business Card
Some business cards allow you to add AUs, also known as employee cards in this case, while others will not. In general, the rules that apply to AUs of personal, consumer credit cards also apply to AUs of business cards .
You may want to add AUs or employee cards to simplify bookkeeping, and get all your expenses in one account. This is also a good way to give your employees an easy payment option for business spending or travel, while taking advantage of protections and benefits.
Plus, by adding employees as AUs , youll earn rewards for that spending on your business account. Just remember that only the primary cardholder is legally responsible for paying the card balance.
Also Check: Google Svcapps
How Being An Authorized User Affects Your Credit
Being an authorized user on someone elses account could affect your credit. And although theres a solid chance your credit rating could benefit from becoming an authorized user, whether it ultimately does or doesnt is largely out of your control.
Below are three ways being an authorized user might impact your credit.
Why Does This Person Need To Use My Card
When you add someone as an authorized user, you are allowing them to use your account as they wish. This is a big decision, so ask yourself if it’s really necessary to give someone unfettered access to your account.
In some cases, it makes a lot of sense to provide another person with the authority to charge items to your account. For example, if you own a business, you might want to let an employee use your company credit card account so you can track those purchases and earn credit card rewards for them. Or if you’re married, you may want to give your spouse access to your card to pick up items at the grocery store.
But it’s important to consider the reasoning before you move forward because you only want to let someone use your card if there’s justification for doing so.
Also Check: Www.best Buy Credit Card
Removing An Authorized User
Dissolving the authorized user relationship is almost as easy as starting it. Simply call the credit card issuer or log on to the primary account holder’s online account and request to remove the authorized user. The user’s credit card will be deactivated and they will no longer be able to make purchases.
How To Add And Remove Authorized Users
Each card issuer may have a different process for adding and removing authorized users to a credit card account. So itâs best to find out what your credit card company says.
To add an authorized user to your Capital One card, you’ll need some information about the user like their Social Security number and date of birth to get them set up. Thereâs no additional cost to add a user to your account.
Recommended Reading: Withdraw Money From Capital One Credit Card
Do You Both Understand Authorized User Status
Finally, both you and the authorized user need to know your rights and responsibilities.
As mentioned above, you are the only one who has to pay the card balance, so make sure the authorized user is aware of the major financial obligation you are taking on.
It’s also important to note that the card will show up on the authorized user’s credit report — but only as long as their authorized user status remains in effect. If someone uses your card for years as an authorized user, they won’t be developing a credit history of their own with their spending on that card. If you decide to remove them from the card, that could be a problem later.
If your teen uses only your card as an authorized user until they are 25, for example, then when you finally want to remove them, they’ll have no credit record and could struggle to get approved for a card in their own name.
So make sure you both understand the risks and benefits of being an authorized user — and then determine how confident you are that the person you’re designating as an authorized user is trustworthy. That way, you can avoid making a mistake you’ll come to regret.
Information About Credit Reporting
It’s important for everyone on an Apple Card Family account to understand how credit reporting can impact their credit file. Information about the Apple Card Family account, such as payment history and credit utilization, is reported to credit bureaus and shown in credit bureau reports for account owners and co-owners. This information might also be shown in credit bureau reports for a participant if they’re being reported on the Apple Card Family account as an authorized user. Being credit reported can assist with building credit history for account co-owners and participants. Generally, accounts that have been established for a while, show consistent on-time payments, and have low balances , might result in a more positive credit impact.
Don’t Miss: Set Up Best Buy Credit Card
The Pros And Cons Of Adding An Authorized User On Your Credit Card Account
When you fill out a , you are usually given an option to add an authorized user to your account. You may wonder if there are any benefits to adding a user to your credit card.
There are very few benefits for you, the primary cardholder, when adding an authorized user to your account. But adding a person as an authorized user can certainly benefit that person and possibly improve their credit profile.
Pros of Adding an Authorized User
No matter the person’s relationship to you, they will be able to use your if you add them as an authorized user. For example, if you own a company, you can add employees as authorized users, or you can add family members or friends to your personal account.
Let’s say your spouse regularly does the grocery shopping. If your spouse is an authorized user, your spouse can use your credit card without any hassle at the register. Additionally, if the card is lost or stolen while in their possession, you will both be protected by your credit card’s fraud insurance.
However, if your spouse is not an authorized user, the cashier may not let the credit card be used for that transaction. Even more troubling, if the card is lost or stolen while in their possession, this may negate the fraud protection on your card since the could claim you did not take adequate precautions to protect your account. In this event, if a criminal party uses the stolen card to make purchases, you could be on the hook for paying off the balance that has accrued.
The Downside Of Adding Authorized Users
The downside of adding authorized users is that it may become more difficult to track spending when two people are using the same card. Also, the primary cardholder is responsible for all charges to the account. So, if your authorized user goes on a spending spree and refuses to cover the charges, youll be on the hook.
Making someone an authorized user carries risk. Only add an authorized user you completely trust and be sure to communicate ahead of time about your expectations for repayment.
Don’t Miss: Bestbuy Citi Login
How To Become An Authorized User
The process of becoming an authorized user on someone elses account is relatively easy. It starts with your family member or friend reaching out to their credit card company over the phone or online to make the request. From there, your loved one gives the card issuer your name and some personal information like your date of birth and Social Security number.
Once the card issuer approves the request, it will mail a credit card in your name to the primary account holder. At that point, its up to your loved one to decide whether to give you the credit card to use or hang onto it for safekeeping. Parents, for example, might want to hold on to the card and only give it to their son or daughter to use at specific times.
With most credit cards, adding an authorized user is free. Yet some card issuers may charge fees to include authorized users on your account. Adding an authorized user to The Platinum Card® from American Express will cost you $175 per year . With the Chase Sapphire Reserve®, youll pay $75 per year for each authorized user you add to your account.
Do Authorized Credit Card Users Help To Build Credit
If you are just starting out in your financial journey or have lackluster credit building credit can seem impossible. How do you establish a credit history when you can’t even get approved for a loan or a credit card?
Adding yourself as an authorized user on someone else’s credit card could help to build and establish your credit.
However, there are some important factors to consider since becoming an authorized user can actually hurt your credit score if you’re added on an account that is not in good standing. Therefore, it is important to carefully consider all sides of this process to find out if it is right for you.
Recommended Reading: First Premier Bank Reviews Credit Card
Does Adding An Authorized User Affect My Credit
Your won’t change just because you added an authorized user, but the user’s activity on your account can affect your credit. The most likely way this would happen is if your authorized user overspends and uses a large portion of your available credit. This will raise your , which can decrease your credit score.
If your authorized user charges an amount that you can’t easily pay off, then it could eventually lead to payment issues. Even a single missed payment will do a number on your payment history and likely cause significant damage to your credit.
About Apple Card Family
Apple Card Family lets you co-own your Apple Card account with one member of your Family Sharing group. You can share your credit line with a co-owner and build credit together as equals. You can even invite another Apple Card owner to combine credit limits with you and form one co-owned account.1 You can also share your Apple Card with members of your Family Sharing group, including teens and adults. Everyone on the shared account can use Apple Card and view their spending. Account owners and co-owners can see a participant’s activity, set transaction limits, and more. And there’s a single monthly bill.
Six people including you can be on a shared Apple Card account. You can invite up to five members of your Family Sharing group to join and one of those five can be an account co-owner. Participants must be 13 years or older and account co-owners must be 18 years or older.
Recommended Reading: Pay My Best Buy Credit Card Online
How Being An Authorized User Affects Your Credit Score
Once an authorized user is added to a credit card account, the issuer will begin relaying account information to the major credit bureaus on a monthly basis under the authorized users name. As long as the account is managed well, the authorized users credit report should reflect positive information, whereas account mismanagement produces the opposite effect.
If the authorized user has no previous credit history, his or her first credit score should be generated within six months. This score could range anywhere from bad to perhaps even excellent, depending on how the account is managed in the meantime.
If its not the authorized users first credit account, the credit score ramifications are likely to reveal themselves as soon as the account appears on his or her credit report. The initial impact is likely to be negative, as is temporarily the case whenever a person opens a new credit account, but that will reverse itself with time and responsible use.
You can get a forecast specific to your situation by trying WalletHubs free credit score simulator.
Pros Of Sharing A Credit Card Account
Advantages of sharing an account with your spouse include:
- Potential to earn rewards faster since both of you will be spending on the same account.
- You’ll have fewer bills to worry about paying each month. One joint bill can be easier to manage than two separate bills.
- Your spouse’s credit history could potentially get a boost.
You May Like: Credit Card Companies Use Transunion
What Is An Authorized User On A Credit Card Account
When it comes to credit, an is a person a cardholder has granted access to use their account. And the level of access an authorized user has to the account can vary based on what each credit card company allows.
It differs in a few ways from having a joint account or a co-signer. And hereâs the biggest reason: An authorized user is allowed to make charges on the cardâand might get their own card. But an authorized user isnât the person required to make payments every month. That responsibility falls to the account holder.
How Do I Add Someone/get Added As An Authorized User On A Credit Card
The primary cardholder has to add an authorized user. This can be done by calling the credit card issuer or logging onto the online account. Many issuers will issue a second card for the authorized user, but it will generally be mailed to the primary cardholder, who can choose to give it to the authorized user or not.
If the card isnt distributed, the authorized user can either use the primary cardholders card, or simply reap the credit benefits of the cardholders good financial habits.
Considering an authorized user?
You May Like: Jcpenney Mastercard Apr