Tag: joint credit card

Thinking about getting a joint credit card with a spouse, family member or friend? Make sure you know exactly what you’re getting into.

With a joint credit card account, two people are equally responsible for the privileges and responsibilities that come with a credit card. That means that they can both make charges to the account, and they are both liable for the credit card balance. The details of the account appear on the credit reports for both owners. If the account becomes late or unpaid, the issuer can pursue both users for delinquency.