credit card for daughter?

March 1st, 2010 | by admin |

Ok i need to know what would be the best way to help my daughter build her credit up.
she is a fulltime college student with no income.she has a bank account to which i transfer money into every 2 weeks,so would it be better for her to try and apply for a student credit card,or put her on one of my credit cards as a user .this is her senior year and she needs to start building credit.Or if you have any other ideas that would be great . thanks for the help .

  1. 5 Responses to “credit card for daughter?”

  2. By Rebecca on Mar 3, 2010 | Reply

    IF and only IF she is responsible should she get a credit card. Then YOUR number one rule will be it is paid in full each month and not by you either.

    She needs to get a parttime job so she even knows what earning her living is all about.

    Being put on your card does her absolutely NO good anymore.

  3. By Dixie Darlin' on Mar 6, 2010 | Reply

    As long as it is a family member then you adding her as a authorized user will report the credit card account on her credit report. She will get the history of the credit card and payments.

    With your daughter not having a job, if you get her a credit card in her name, you will just have to pay the bills :~

  4. By Navy Seal Wife on Mar 6, 2010 | Reply

    Just add her as an authorized user, as long as it is parent/sibling then it still works. Your credit card history will report on her credit report also. My mom just did this for me.

  5. By Ur Credit on Mar 7, 2010 | Reply

    The best way would be getting a student credit cards these cards are design to help student build credit, check out under student cards here you will be able to compare all cards side by side on rates, fees and rewards.

  6. By GOOGLE G on Mar 9, 2010 | Reply

    All you can know about credit card from this site. You can get some affordable good links from that site. It will help you a lot as it helped me.

    All the best.

Post a Comment