topic Re: Best Credit card or bank card to split bills? in Credit Cards

Best Credit card or bank card to split bills?

JoshNurse — Tue, 23 Sep 2014 23:46:30 GMT

My girfriend wants to do %50 %50 on anything that we spend. She wants to find the easiest way to do this. That way when I pay at a restaurant it would automatically charge her half and vise versa.

Does something like this exist? what is the aboslute simplest option for this?

Re: Best Credit card or bank card to split bills?

Callandra — Tue, 23 Sep 2014 23:58:01 GMT

Why not just get the cards best for your spend (either cashback, travel rewards, whatever you want), open a joint checking in which you both contribute and then pay the bills using the joint account?

Re: Best Credit card or bank card to split bills?

Ghoshida — Wed, 24 Sep 2014 00:03:02 GMT

@JoshNurse wrote:
My girfriend wants to do %50 %50 on anything that we spend. She wants to find the easiest way to do this. That way when I pay at a restaurant it would automatically charge her half and vise versa.

Does something like this exist? what is the aboslute simplest option for this?

At restaurants and major shopping places, you can give two credit cards and ask them to split the bill evenly.

Otherwise you might have to go through the joint a/c route.

Re: Best Credit card or bank card to split bills?

SunriseEarth — Wed, 24 Sep 2014 00:03:25 GMT

@JoshNurse wrote:
My girfriend wants to do %50 %50 on anything that we spend. She wants to find the easiest way to do this. That way when I pay at a restaurant it would automatically charge her half and vise versa.

Does something like this exist? what is the aboslute simplest option for this?

You could add two checking accounts to an existing account and then just pay half with one and half with the other. You could add each other as AU on these accounts. However, you may want to post on the "Relationships" board if you're looking for more input on the impact of AUs and Credit Cards in a relationship.

Re: Best Credit card or bank card to split bills?

Anonymous — Wed, 24 Sep 2014 00:51:02 GMT

@SunriseEarth wrote:
@JoshNurse wrote:
My girfriend wants to do %50 %50 on anything that we spend. She wants to find the easiest way to do this. That way when I pay at a restaurant it would automatically charge her half and vise versa.

Does something like this exist? what is the aboslute simplest option for this?
You could add two checking accounts to an existing account and then just pay half with one and half with the other. You could add each other as AU on these accounts. However, you may want to post on the "Relationships" board if you're looking for more input on the impact of AUs and Credit Cards in a relationship.

Don't think there is really simple but safe way. To avoid too much credit entanglement, I might:

1) Each get a credit card (no AU) that you agree to use only for joint expenses.

2) Each get a prepaid account, like Amex Bluebird

3) Both set up direct deposit, each contributing the same amount to each Bluebird

4) Pay the credit cards from the Bluebirds

Then, if things go bad in the relationship, all that is financially at risk is whatever small amount is in each others bluebird.

But not very simple!

Re: Best Credit card or bank card to split bills?

JoshNurse — Fri, 26 Sep 2014 04:05:06 GMT

@Anonymous wrote:
@SunriseEarth wrote:
@JoshNurse wrote:
My girfriend wants to do %50 %50 on anything that we spend. She wants to find the easiest way to do this. That way when I pay at a restaurant it would automatically charge her half and vise versa.

Does something like this exist? what is the aboslute simplest option for this?
You could add two checking accounts to an existing account and then just pay half with one and half with the other. You could add each other as AU on these accounts. However, you may want to post on the "Relationships" board if you're looking for more input on the impact of AUs and Credit Cards in a relationship.
Don't think there is really simple but safe way. To avoid too much credit entanglement, I might:

1) Each get a credit card (no AU) that you agree to use only for joint expenses.
2) Each get a prepaid account, like Amex Bluebird
3) Both set up direct deposit, each contributing the same amount to each Bluebird
4) Pay the credit cards from the Bluebirds

Then, if things go bad in the relationship, all that is financially at risk is whatever small amount is in each others bluebird.

But not very simple!

good idea