Comments on: Joint or Seperate Credit Card Account? http://www.askmrcreditcard.com/creditcardblog/joint-or-seperate-credit-card-account/ Latest Credit Card News, Reviews and Information Thu, 09 Feb 2012 07:48:57 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: silvio http://www.askmrcreditcard.com/creditcardblog/joint-or-seperate-credit-card-account/comment-page-1/#comment-37021 silvio Fri, 12 Oct 2007 17:18:28 +0000 http://askmrcreditcard.com/creditcardblog/joint-or-seperate-credit-card-account/#comment-37021 what credit cards are available for joint accounts ? what credit cards are available for joint accounts ?

]]> By: Credit Card Cash Back Rewards Enthusiast http://www.askmrcreditcard.com/creditcardblog/joint-or-seperate-credit-card-account/comment-page-1/#comment-14409 Credit Card Cash Back Rewards Enthusiast Sat, 12 May 2007 03:18:58 +0000 http://askmrcreditcard.com/creditcardblog/joint-or-seperate-credit-card-account/#comment-14409 I agree with Tim's comments and the article's sentiments. Separations/divorces are, sadly, very common and having a joint credit card at the outset of a separation/divorce can truly be a nightmare. One of the advantages to having a joint account not mentioned earlier is the simplified adminstration -- i.e. one bill to pay instead of two. If you auto-pay credit cards and other monthly bills out of a money market account (to maximize interest earnings), having 2 times the number of credit cards to pay will quickly cut into your 6 allowed money market withdrawal transactions per month. I agree with Tim’s comments and the article’s sentiments. Separations/divorces are, sadly, very common and having a joint credit card at the outset of a separation/divorce can truly be a nightmare.

One of the advantages to having a joint account not mentioned earlier is the simplified adminstration — i.e. one bill to pay instead of two. If you auto-pay credit cards and other monthly bills out of a money market account (to maximize interest earnings), having 2 times the number of credit cards to pay will quickly cut into your 6 allowed money market withdrawal transactions per month.

]]> By: Tim http://www.askmrcreditcard.com/creditcardblog/joint-or-seperate-credit-card-account/comment-page-1/#comment-2880 Tim Fri, 16 Mar 2007 17:42:51 +0000 http://askmrcreditcard.com/creditcardblog/joint-or-seperate-credit-card-account/#comment-2880 i don't see any reason to have a joint credit card account. You can have the same effect by putting your spouse as an authorized user rather than opening a joint account. We keep separate CC accounts, b/c of the credit ratings and history, too. We have two cards that have me as an authorized user and the other her as an authorized user. The benefit for us when separated, is to be able to use one card. We rotate credit card use between the account in her name and the one in my name until we get the rebate then switch. it makes it easier to manage one credit card account at a time, while still building credit histories for both of us. i don’t see any reason to have a joint credit card account. You can have the same effect by putting your spouse as an authorized user rather than opening a joint account. We keep separate CC accounts, b/c of the credit ratings and history, too. We have two cards that have me as an authorized user and the other her as an authorized user. The benefit for us when separated, is to be able to use one card. We rotate credit card use between the account in her name and the one in my name until we get the rebate then switch. it makes it easier to manage one credit card account at a time, while still building credit histories for both of us.

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