Re: Adding loved one as Amex AU. Info needed.

Funk-O-Meter · ‎04-02-2012

I'm encouraging my GF of a few years to start rebuilding her credit. She's had some knocks in the past and I want to help her out if I can. She's watching me rebuild mine and it's going great.

I'm considering adding her as an AU to my AMEX account but not actually giving her a card. She wouldn't actually use the account (her idea.) Just enjoy the tradeline on her report to help rebuilt.

What do I need to know?

Shat does she need to know?

Thanks in advance.

From no credit to EQ 747 in 16 months using info from these forums.

Chase Freedom 3k, Chase Slate 5k, Amex Blue Cash 6k, Discover More 1.5K

RIP: Orchard/Cap1 520CL

TU:702
EQ: 698

Down from 747 cause I used em'

drkaje · ‎07-25-2008

She can order a replacement card at any time.

She's responsible for her charges if you default.

Being ACM does not build history with Amex. It's not the same as having an account.

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Current Score: EX 753 FICO, EQ 750 FICO
Goal Score: 776 FICO

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Funk-O-Meter · ‎04-02-2012

But it will show on her report right?

Is she responsable for my charges if I default?

From no credit to EQ 747 in 16 months using info from these forums.

Chase Freedom 3k, Chase Slate 5k, Amex Blue Cash 6k, Discover More 1.5K

RIP: Orchard/Cap1 520CL

TU:702
EQ: 698

Down from 747 cause I used em'

drkaje · ‎07-25-2008

It should report.

I don't believe they'd hold her responsible for your charges.

USAA and Amex are the only two I'm certain hold AU/ACM responsible for their own charges. USAA is worse and provides the primary no protection.

Starting Score: 675
Current Score: EX 753 FICO, EQ 750 FICO
Goal Score: 776 FICO

Take the FICO Fitness Challenge