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AMEX? Wouldn't it help with their future backdating?
@09Lexie wrote:
I don't believe you can set limits on those cc's. to my knowledge, only Amex allows it for ACMs.
That was my understading, as well. The OP could double check with other lecard issuers, but I believe AMEX is the only one with the ability to set limits for AUs.
I think if I the situation sans AMEX: if I had a quality tradeline, I'd add them but not give them the card.
If they were students, I'd have them establish their own student cards, or if I thought they really couldn't handle it, I might open them a minimum secured card with BOFA or SDFCU, or other useful institution. Maybe even DCU (freebie FICO score, may teach them to look at it, may not, not sure).