In this article, lets quickly look at how you can add an authorized user to your credit card. Adding authorized users is a feature provided by most credit card providers. This feature allows the added user to use Te card with having to apply for the credit card him/herself.
How Does it Work | How to Add or Remove Authorized Users on Your Credit Card
After approval, a card is offered to the Authorized user with his/her name on inscribed on it. The authorized has the same right on the card as with the primary account holder. He/She can make purchases the credit card account and all purchases made with other transactions appear on the credit card account statement.
That also means the credit limit is shared by the authorized user with the primary account holder and his purchases. This, in turn, reduces the amount of credit available to all the users of that account.
No check is needed for the authorized user to be added to the account. But it can come with extra charges because some issuers charge a fee for using this service. But some issuers go as far as offering some rewards and bonus if you use this service and add an authorized user to your credit card.
Most issuer alway places a limit on how many authorized users you can add to your credit card account. This is because it can become difficult to keep track of charges your account has too much-added user. So always check and follow the rules and terms of your credit card provider.
How to Add or Remove Authorized Users on Your Credit Card
How to Add an Authorized User | How to Add or Remove Authorized Users on Your Credit Card
First, you to contact the credit card issuer either through a phone call or by your online account.
Enter the new users’ details because the card issuer needs the personal details of the user to process the request.
The Draw Backs
You can become associated with unpaid balances or even high charges since the user has all the right as the main account owner yet left out of any legal responsibility.
So you become a victim of any lawsuit because of unpaid debts on your account, you bear full responsibility as placed by law.
Well, This can be one of the good parts since no authorized users can perform major account maintenance like adding extra authorized users, address change on the account, applying for a higher a credit limit, or a lower interest rate.
Take note that Authorized users can also make a payment on the credit card account, although they are not obligated to do so.
How to Remove Authorized Users
It is very easy to remove an authorized user from your credit card account.
First, contact the credit card issuer or go to your online account
Then apply for the authorized user to be removed.
Almost immediately the credit card of the authorized user’s will then be deactivated and thus their purchases will be declined if the attempt to do so.