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ayeying

macrumors 601
Original poster
Dec 5, 2007
4,547
13
Yay Area, CA
So, My mom and dad have an AMEX account they share. They have their own cards thats linked to the same account. They were wondering if they can add me onto the same account, having a 3rd card?

Does anyone know any information about this?
 
If you couldn't figure this out on your own, do you really think you're ready for your own card?
 
So, My mom and dad have an AMEX account they share. They have their own cards thats linked to the same account. They were wondering if they can add me onto the same account, having a 3rd card?

Does anyone know any information about this?

Ask Mom and Dad first, then AMEX, then total strangers.
 
If you couldn't figure this out on your own, do you really think you're ready for your own card?

This kid may have never had a credit card, thus he probably doesn't know. He soon will. We were all noobs at some point in our lives.
 
This kid may have never had a credit card, thus he probably doesn't know. He soon will. We were all noobs at some point in our lives.

Amex's aren't really the best starter CCs, their limited in who takes them and many of the basic Amex cards are to a degree some what unlimited in terms of open credit.
 
This kid may have never had a credit card, thus he probably doesn't know. He soon will. We were all noobs at some point in our lives.

Actually, he said that his parents were wondering about adding him to their account. If that's true, it's odd that they wouldn't know where to find out.

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Amex's aren't really the best starter CCs, their limited in who takes them and many of the basic Amex cards are to a degree some what unlimited in terms of open credit.

Agree that they're not a good starter card, primarily because fewer merchants accept them than Visa or MasterCard. BTW, I do think that it's a good idea for young people to have credit cards so that they can learn to handle credit intelligently. To do that, though, they have to actually manage the account themselves (make payments on time, be aware of their credit limit, and so on), with guidance. There are definitely cards that lend themselves (no pun intended) to this.
 
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Like virtually any creditor, they will almost never say "no" when they get a chance for more income, such as issuing multiple cards on one account. Depending on the card, there will be additional fees. If it is one of their charge accounts, like the Gold, Plat., or Centurion, you will pay an additional yearly membership fee per card. You also get significantly more points with each additional card. The card itself will have your name on it IIRC.

As others have said, I too, have read that AMEX is not good for building credit (if that is what you are trying to do). IIRC they do not report to all three credit bureaus, where as many other cards do. Orchard Bank is often good for building credit. However, their cards usually have a yearly fee.
 
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