Question about daughter as an authorized user

cws-21 · ‎03-07-2021

My daughter is currently an authorized user on my Chase Amazon card and has been for almost exactly one year. What would be the impact, if any, on her virtually nonexistent credit scores, given she has no other credit, if I removed her as an authorized user? I would do so because another card would have better rewards for her typical spend and she would rather not be an authorized user on more than one card at this time. Thank you ahead of time.

Anonymous · ‎03-07-2021

Before I really had credit I got added to a Friends card. It bumped me up to the 700's and allowed me to start building. Shortly after I had him take me off and my score did drop not not by a lot as I started building. If she does not have have much she will probably take a decent hit. Any reason why not just leaving her on and adding to new one? You can always take the first card away. Or are you planning on closing the first one all together?

Kforce · ‎03-07-2021

@cws-21 wrote:
My daughter is currently an authorized user on my Chase Amazon card and has been for almost exactly one year. What would be the impact, if any, on her virtually nonexistent credit scores, given she has no other credit, if I removed her as an authorized user?
It will fall off in a month or two and hurt her score

I would do so because another card would have better rewards for her typical spend
I always want rewards !

and she would rather not be an authorized user on more than one card at this time.
Why ?
Take it from her and put it in a sock drawer, safe, etc.
She will not need to manage, use or think about it.
However I would not remove her as an AU, unless you have credit issues that would lower her scores..
I believe being an AU on two or three cards helps one who is not able too get a card of there own.
After she has two of her own then consider removing her.
She will have a better score because of you

cws-21 · ‎03-08-2021

Thank you, @Anonymous and @Kforce. I suspected that removing my daughter would negatively impact her credit score, but I wasn't even sure how much it has helped given she has no other credit. How much has being an authorized user on just one credit card helped her?

Kforce · ‎03-08-2021

@cws-21 wrote:
Thank you, @Anonymous and @Kforce. I suspected that removing my daughter would negatively impact her credit score, but I wasn't even sure how much it has helped given she has no other credit. How much has being an authorized user on just one credit card helped her?

I don't remember the numbers when I first did this for my daughter !

However it was enough to not throw away.

If you remove her, all history, age, CL, etc disappear.

It responds to the closure different than your report where it stays for 10 years.

You adding her a year ago just erased, "Poof", "all for not" as they say.

* If you want to close the card because you have an AF or don't use it, she can always start over, but if you are keeping it and it has no yearly cost, my vote keep her as an AU. *

dragontears · ‎03-08-2021

@cws-21 wrote:
Thank you, @Anonymous and @Kforce. I suspected that removing my daughter would negatively impact her credit score, but I wasn't even sure how much it has helped given she has no other credit. How much has being an authorized user on just one credit card helped her?

It gave enough data to generate a score. If she was no accounts of her own and you hadn't added her as an AU she would have no credit score.

I would encourage her to apply for her own accounts.

cws-21 · ‎03-10-2021

@Kforce and @dragontears, hank you for the replies.