SHORT ANSWER: Once your child is responsible enough to understand your household rules and limits for a credit card, you should add them as an authorized user to help them build a credit history and ...
Because people under age 18 can’t open their own credit cards, you can’t technically open a whole new credit card in your child’s name — but you can still add them to yours. Adding someone to your ...
Adding your kid to your credit card can be a shortcut to helping them establish their own credit history, which is hugely important for their financial future. But as much as you may want to give your ...
This page was originally published in early 2023 and still contains relevant interview quotes from that time. The rest of the article has since been updated. Making your child an authorized user on ...
While a minor cannot legally get their own credit card until they hit 18 and show proof of a steady source of income, adding your child to your card as an authorized user can help them start building ...
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