cancel
Showing results for 
Search instead for 
Did you mean: 

Just added my sister as authorized user-question

Valued Contributor

Re: Just added my sister as authorized user-question

Since a Cap1 is allready on her report, I would suggest a cap1 card, then wait 6 months, and go for Chase freedom, clean report, 6 months of history will probably get her in the door, I would also recomend AMEX PRG, buy a pack of gum, pay it off put it away, just to lock in membership year,  set a calendar event for 11 months later to have her call and cancel it unless she has work/lifestyle requirements that make the card make sense, lock the card up in a safe deposit box or a safe so she can use the number when she is ready to be an active AMEX member for backdating goodness,  She could also consider a Discover IT at some point.

 

 

Cards: Chase Southwest 20k & CSR 10k & CSP 10k & Freedom 6.6k & Amtrak/Freedom 4.6k, FNBO DISC 25.1k Oregon Duck 5k, & AMEX BCP 15k & Hilton Surpass 7.5k & Delta Gold 6k & Zync NPSL, Fidelity AMEX 17k Commerce5.9k & Cash Forward 7.5k & Sams Club MC 10k, Paypal Extras MC 7.5k, CapOne Venture 15k, QS 2.5k, QS 750, Amazon 5.9k, Walmart 10k, Citi Simplicity 9k, Discover IT 16k and a nice stack of store cards.
Last APP/HP 5/15/2017 Marcus Loan. 30k
Message 11 of 16
New Contributor

Re: Just added my sister as authorized user-question

Who does she bank with? Wells Fargo gave me my first card, and they were generous. It might be easier for her to be approved and manage a card that is linked to an account she already checks.
Discover Tu 730(2/14) DCU Eq 725(2/28)

Bouncing back from new accts and inqs. Hope to be back over 760 soon.
Message 12 of 16
Valued Member

Re: Just added my sister as authorized user-question

We bank at Regions. Good bank as far as bank accounts (in our experience) but their credit cards don't seem to get rave reviews from what I read so I think they are out. I will probably advise her to either do DiscoverIT or stick with Cap One since she will have an established cc relationship with them. The card that I added her on has a 3 year excellent credit history on it, so she will already have a good advantage. I remember I had to start from the very very very bottom and build my way up by myself so hopefully she won't have to go through as much credit file building as I did.

Message 13 of 16
Senior Contributor

Re: Just added my sister as authorized user-question


Tonydga wrote:

We bank at Regions. Good bank as far as bank accounts (in our experience) but their credit cards don't seem to get rave reviews from what I read so I think they are out. I will probably advise her to either do DiscoverIT or stick with Cap One since she will have an established cc relationship with them. The card that I added her on has a 3 year excellent credit history on it, so she will already have a good advantage. I remember I had to start from the very very very bottom and build my way up by myself so hopefully she won't have to go through as much credit file building as I did.


I would agree.  Regions doesn't really have too much of great CC products, let alone their stringent qualification criteria.

Message 14 of 16
Valued Member

Re: Just added my sister as authorized user-question

I do have a question....will her $4k annual salary be an issue all things above considered?
Message 15 of 16
Highlighted
Senior Contributor

Re: Just added my sister as authorized user-question


Tonydga wrote:
I do have a question....will her $4k annual salary be an issue all things above considered?

The income may come into play with some lenders but if she is still currently a student, then she could likely try the student version of the Discover CC down the road, Citi also offers a couple student CCs as well.

Message 16 of 16