Remove myself from a joint credit card account

[James3]

I have a Wells Fargo credit card that I added my wife onto as an authorized user in 2014 as she had no credit history at the time. Wells Fargo added her as a joint account holder instead. Is it possible to remove one of us from the account and convert the account type back to individual? 

I don't care which of us is removed from the account, I don't care if the credit limit drops, and I would rather not close the account as it was opened in 2003 (though it is not my oldest card). I've tried calling Wells Fargo customer service but it's difficult to reach anyone knowledgable. As a last resort my wife and I discussed closing the account, but as I said I would prefer one of us benefit from the credit history.

[Kforce]

No knowledge about Wells Fargo.

However my experience with joint accounts has required closing the accounts.

Hope Wells Fargo is different   

Good Luck

[FinStar]

Each lender handles joint accounts differently, depending on their internal policies.  It's more than likely that you both would have to consent to an ownership authorization transfer *if* Wells Fargo provides the option to remove a joint accountholder from the account.  In the event that they do not, then you both would have to consider closing the account.  My suggestion is to escalate to a supervisor for further guidance on their policies.

[Bradac56]

Why bother changing it at this point ?  Unless you can't trust each other there's no reason to change the account it only helps each of you. 

The only option you have is calling Wells Fargo in ether case. 

[James3]

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@FinStar wrote:

Each lender handles joint accounts differently, depending on their internal policies.  It's more than likely that you both would have to consent to an ownership authorization transfer *if* Wells Fargo provides the option to remove a joint accountholder from the account.  In the event that they do not, then you both would have to consider closing the account.  My suggestion is to escalate to a supervisor for further guidance on their policies.

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Thanks for this. It's helpful to know the term "ownership authorization transfer." A agree that escalating to a supervisor might give me additional options.