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The benefits of having a secondary card holder on a charge account are mostly to the secondary card holder. This person can use the account, but it is the primary person that must pay the bill. Having a secondary person on an account is helpful for providing a credit card in their own names to students and spouses.

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โˆ™ 2014-09-18 00:14:07
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Q: What are the benefits of a secondary card holder?
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Related questions

What is difference between primary and secondary card holder?

The major difference is that the Primary Account holder is responsible for all the amounts due on both the Primary Card and the Secondary Card.

If the primary card holder gives a friend a secondary card to use is the secondary user responsible for the dept or is the primary card holder solely responsible?

It depends if the secondary card holder is a "Joint Account Member" or a "Authorized User". The joint account member is responsible for the balance, the authorized user is not.

Can a secondary card holder discharge the debt if they declare bankruptcy?

No. The secondary card holder can only discharge his/her own obligation to pay. The primary will staill have to pay.

Can a secondary card holder remove himself from an account leaving only the primary card holder's name?

Usually, a new card is issued in the primary card holder's name. Usually both parties on a credit card have to sign off to eliminate the secondary card holder. Your credit card holder can help you with this.

Can the secondary card holder on a credit card account transfer credit card balances to a new card?

No unless the primary gives the secondary permission too

What is the difference between a primary credit card holder and a secondary holder CV Code?


What is the purpose of library swipe card?

So they are able to identify the card holder and you may have better benefits.

Can an authorized user of a credit card increase credit limit without knowledge of card holder?

Short answer:It depends on the bank. Most likely though, no. Long answer:It depends on the bank and if the person asking the credit limit increase is a primary card holder. Most banks or credit card companies won't allow a secondary card holder to increase the credit limit. I just called and checked. The bank my credit card was associated with was MBNA.I am a secondary card holder (my name is on the card, but the primary responsibility to the account is under someone else's name).They told me the primary card holder needs to call in to modify the credit limit.So in my case, the answer is no. An authorized user of the card cannot increase the credit limit without the knowledge of the primary card holder.

What are the benefits of child of green card holder in engineering colleges in madhya pradesh?

No there is no benefit of green card after 12th class

Is a secondary credit card holder resposible for debt?

Depends on what "Type" of Credit Holder you are. Here is how that will go: If you are what is known as an authorized user on the account. (i.e. - The Primary account holder has given you permission to make charges on the account), the answer is No. The primary account holder is responsible for any charges he/she has allowed you to make on the account. If you are a Secondary account holder (i.e. -your name was put on the account APPLICATION at the time the card was applied for), then your answer is YES. If the Primary account holder defaults on the account, then the credit card company will turn to try and collect from the Secondary account holder. BEWARE of becoming a secondary holder on anything that has to do with credit. If you know that the Primary holder may default, you could get stuck with a huge amount of debt on your hands, and if you can't pay, your nice credit score of 783 could very quickly go down the drain to 535 or lower.

What does the card holder name mean?

card holder

What are the benefits of using a Marriott Rewards credit card?

The Marriott Rewards credit card comes with ancillary benefits. The biggest is that after enough purchases, it enables the card holder to earn free stays/days at Marriott hotels.

Can the secondary card holder of a joint credit card account cancel the account?

First of all you can just give a friend your username and password and stop playing!!!

How do you get any credit card benefits if one of credit card holder has died?

If you are a joint account holder you can still use the card. The creditor should be notified of the death of the other account holder. They may simply remove the person from the account or require you to open a new account in your name. However, if you are the joint holder you are responsible for the entire amount owed on the account.

What if a Green card holder marries a US citizen?

They can stay here. When a green card holder marries a US citizen, he/she gets to share the benefits enjoyed by the US citizen. The US citizen can also file in for the green card holder's citizenship application.

Does a second credit card holder receive a credit card?

Yes, a second credit card holder has his/her credit card also but of course, they are just under the primary card holder.

If you are a secondary card holder yet you have been the only user of that credit card does it mean you still have no credit history?

If you are on the account your are building a credit history, hopefully a good one.

Secondary card holder who made charges files bankruptcy is basic who is alive responsible?

Yes. Each cardholder is responsible for the entire debt.

How do a green card holder apply for his husband?

How can a green card holder apply for his husband

Can a green card holder be deported for credit card fraud?

A green card holder can be deported for any felony.

What are ancillary benefits?

secondary benefits. not as good

What is the difference between a primary credit card holder and a secondary holder?

the primary credit holder is the person who usually has the the better credit score or higher income. the secondary is on the loan too for the purpose of ownership. another scenario is when helping someone establish credit. the person looking to obtain credit will be the primary, the secondary would be the co-signor-helping guarantee that the creditor will be paid. In case of default on the loan, the secondary is next in line to pay it. Both people will have negative affects if not paid in a timely manner.

Can a green card holder marry someone without one?

That depends on the motives of the green card holder ;)

Is an authorized credit card user responsible for credit card debt if the primary card holder declares bankruptcy?

No. The card holder is responsible for all debt on the credit they extended to him. (You may be responsible to the credit card holder for the debt he incurred for you, if that was your agreement).

Where can you get love and berry card holder?

just buy a card holder print a picture of love and berry put it just in front of your card holder and buy a sticker of love and berry if you don't know where can you buy just print love and berry sticker use sticker paper and then stick it on your card holder, I try it once it's perfect it is like an original card holder of love and berry you can attract people and you can be popular with your card holder try it!