So I got added as an AU on my SO's US Bank Cash+ card which has a good payment history and it's been opened since 2016 so I thought it might help with my AAoAs and utilization, etc. (which at this point, AU accounts may or may not depending or if it looks like the anti-abuse algorithm is flagged?)
We just added me on as an authorized user the other day, but I also saw that US Bank offers the option to "add a joint owner" to the account, and to my understanding this can only be done once an account has already been established and not during the time of application. So we got on the phone and called the number on the back of the card and spoke with a CSR regarding adding myself as a joint owner. The CSR (which who did not seem very pleasant at the time) asked for my info, address, SSN, DOB, etc. and then also my SO's info as the primary holder. She stated that my SO would be receiving an application in the mail for her and myself to complete and once it was completed we would send it back.
The above screenshot is from US Bank's help page and on the very first bullet point it says, "You and the potential joint may have an inquiry on your consumer credit bureau report."
When I was on the phone with CSR, I had asked how the actual process of adding a joint owner to the account works and they gave me a very generic regurgitated response but she did say "Once you recieve the joint owner application in the mail, both you and the primary owner will complete and sign it and send it back and we will add you as a joint owner onto the account."
They didn't mention anything about a HP, which I didn't wanna ask about to send off a red flag but can confirm if anyone's had any experience with doing this? I wouldn't understand the purpose of even pulling an HP when I would have just been better off applying for card myself? Like there would be no benefit to even doing it this way since it just makes financial responsibility a double edged sword lol.
So TLDR:
- Has anyone added a joint owner to their US Bank credit card account?
- Were they approved?
- Did they do a hard pull or soft pull?
- Were they denied?
- Reason?
- Were they approved?
Thanks!
EX
TU
EQ
@bicboiOD wrote:So I got added as an AU on my SO's US Bank Cash+ card which has a good payment history and it's been opened since 2016 so I thought it might help with my AAoAs and utilization, etc. (which at this point, AU accounts may or may not depending or if it looks like the anti-abuse algorithm is flagged?)
We just added me on as an authorized user the other day, but I also saw that US Bank offers the option to "add a joint owner" to the account, and to my understanding this can only be done once an account has already been established and not during the time of application. So we got on the phone and called the number on the back of the card and spoke with a CSR regarding adding myself as a joint owner. The CSR (which who did not seem very pleasant at the time) asked for my info, address, SSN, DOB, etc. and then also my SO's info as the primary holder. She stated that my SO would be receiving an application in the mail for her and myself to complete and once it was completed we would send it back.
The above screenshot is from US Bank's help page and on the very first bullet point it says, "You and the potential joint may have an inquiry on your consumer credit bureau report."
When I was on the phone with CSR, I had asked how the actual process of adding a joint owner to the account works and they gave me a very generic regurgitated response but she did say "Once you recieve the joint owner application in the mail, both you and the primary owner will complete and sign it and send it back and we will add you as a joint owner onto the account."
They didn't mention anything about a HP, which I didn't wanna ask about to send off a red flag but can confirm if anyone's had any experience with doing this? I wouldn't understand the purpose of even pulling an HP when I would have just been better off applying for card myself? Like there would be no benefit to even doing it this way since it just makes financial responsibility a double edged sword lol.
So TLDR:
- Has anyone added a joint owner to their US Bank credit card account?
- Were they approved?
- Did they do a hard pull or soft pull?
- Were they denied?
- Reason?
Thanks!
The purpose of them pulling your credit (HP or SP I don't know) is that a joint owner is legally responsible for any and all charges made on the account unlike an AU that is not legally responsible for any charges on the account.
Personally I would expect a HP and be happy if it isn't.
I think @Anonymous has joint accounts and may be able to answer your questions regarding HP
@dragontears wrote:
@bicboiOD wrote:So I got added as an AU on my SO's US Bank Cash+ card which has a good payment history and it's been opened since 2016 so I thought it might help with my AAoAs and utilization, etc. (which at this point, AU accounts may or may not depending or if it looks like the anti-abuse algorithm is flagged?)
We just added me on as an authorized user the other day, but I also saw that US Bank offers the option to "add a joint owner" to the account, and to my understanding this can only be done once an account has already been established and not during the time of application. So we got on the phone and called the number on the back of the card and spoke with a CSR regarding adding myself as a joint owner. The CSR (which who did not seem very pleasant at the time) asked for my info, address, SSN, DOB, etc. and then also my SO's info as the primary holder. She stated that my SO would be receiving an application in the mail for her and myself to complete and once it was completed we would send it back.
The above screenshot is from US Bank's help page and on the very first bullet point it says, "You and the potential joint may have an inquiry on your consumer credit bureau report."
When I was on the phone with CSR, I had asked how the actual process of adding a joint owner to the account works and they gave me a very generic regurgitated response but she did say "Once you recieve the joint owner application in the mail, both you and the primary owner will complete and sign it and send it back and we will add you as a joint owner onto the account."
They didn't mention anything about a HP, which I didn't wanna ask about to send off a red flag but can confirm if anyone's had any experience with doing this? I wouldn't understand the purpose of even pulling an HP when I would have just been better off applying for card myself? Like there would be no benefit to even doing it this way since it just makes financial responsibility a double edged sword lol.
So TLDR:
- Has anyone added a joint owner to their US Bank credit card account?
- Were they approved?
- Did they do a hard pull or soft pull?
- Were they denied?
- Reason?
Thanks!
The purpose of them pulling your credit (HP or SP I don't know) is that a joint owner is legally responsible for any and all charges made on the account unlike an AU that is not legally responsible for any charges on the account.
Personally I would expect a HP and be happy if it isn't.
I think @Anonymous has joint accounts and may be able to answer your questions regarding HP
@bicboiOD yes from experience it will be a hard pull for both potential joint account holders. The reason it would be done rather than an application for your own would be because you're adding age. If it's a young account, it would be pointless.
if it's an initial application or if you're adding a joint owner later on either way it's a hard pull for both.
as stated it also imposes liability and responsibility unlike an authorized user account. Therefore such arrangements should be entered into with great caution.