Do joint credit card accounts reduce how much credit you have with a Bank?

[Anonymous]

For example, if Chase will only allow me to have a total of $40K CL with them and I already have $35K with them. My next card will be capped at $5K.

Okay, but what about joint credit cards? Do their credit limits count? If I am the primary cardholder, then yes. But what if I am a secondary cardholder?

For example, Let's say someone adds me to their Chase credit card as a secondary joint cardholder with a 35K CL. Chase will only allow me to have 40K with them. When I try to apply for new Chase cards, will they allow me to receive 40K? Or just 5K?

Thanks!!

[Skye12329]

I don't think Chase does joint, that I know of. They do authorised users which won't matter regarding limits and exposure.

As for joint account, credit line is generally based on primary. But if they don't qualify and a joint account is needed then they are basically co signor. I'm guessing it would affect your exposure if your primary doesn't qualify only due to the fact a joint holder is just as responsible.

An authorised user is not responsible for the debts nor would your exposure be affected.

[Anonymous]

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@Anonymous wrote:

For example, if Chase will only allow me to have a total of $40K CL with them and I already have $35K with them. My next card will be capped at $5K.

Okay, but what about joint credit cards? Do their credit limits count? If I am the primary cardholder, then yes. But what if I am a secondary cardholder?

For example, Let's say someone adds me to their Chase credit card as a secondary joint cardholder with a 35K CL. Chase will only allow me to have 40K with them. When I try to apply for new Chase cards, will they allow me to receive 40K? Or just 5K?

Thanks!!

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Welcome to MyFico.  No one knows what their internal limit is with any bank.  If you are a co-signer on an account, that does not go against you.  So the example you are giving with Chase will not affect you.