Is it better for a husband and wife to be joint holders of a credit card or just an authorized user?

Answer by  happytimes63 (865)

It is not really better either way. The difference is that as joint holders, this card will affect both of your credit scores for better or worse.

Answer by  Marcy88 (56)

Advantages of joint account are: easier tracking of expenses, more controlled debt levels. Disadvantage is both become responsible for others spending habits. Both should establish their own individual credit rating.

Answer by  tamarawilhite (17883)

If the intent is to build credit, both individuals should be joint holders - or each individual should have their own credit card that the couple pays off each month.

Answer by  harper2583 (466)

I personally think it is better for you to not have a joint account with someone else because what if they decide one day that they want to go on a shopping spree and spend all of your money.