MaxPunishment wrote:1. If you provide your Social Security Number when becoming an additional user, then yes it will go on your credit report but it will marginally help you improve your credit vs. if you were the actual cardholder because you're not in fact responsible for paying the bill. If your dad has good credit and you're having difficultly getting approved for a card, look into getting a joint credit card as that will help with your credit significantly and you may be able to get a card on your own after a few months
Essential wrote:Thanks for the great answers. I'm mainly worried about 1 because I'm just trying to build credit for the future. My dad does have good credit and I am having difficulty getting approved for a card (though I only applied for one but I don't want any more hard pulls for now). So the only way to significantly improve my score would be to open a new joint credit card with my dad? I feel that this would be more expensive than just getting a secured card. I'm trying to improve my credit for free but if that's not possible, I'll just want to pay the cheapest fee. However, I thought piggybacking on my dad's credit card would help. So I shouldn't become an authorized user because it has no real benefits?
MaxPunishment wrote:A joint credit card is actually free to open. The only difference between that and a regular credit card with you as an authorized user is that in a joint credit card both are equally responsible for paying the bill whereas the authorized user is vary degrees of less responsible than the cardholder
Essential wrote:I thought there were annual fees for cards. But regardless, does my dad have to open a new account or can he just add me on to his card as a joint cardholder or something like that?
Edit: Also, how do you sign up for one? I googled joint credit card application for american express and nothing really showed up.
Edit2: Is a joint credit card backdated?
Edit3: Sorry for all the additional questions but are co-branded store cards easy to get (like Amazon) and do they help with my credit score?