Will a secondary card holder build credit too?

Hi i'm currently with capital one. If my wife is the secondary card holder, and rarely uses her credit card, will she be building her credit too? (I'll be using it mostly)

Answer:
credit cards define cardholders two way, one is a person that is responsible for the bill so they can go after either of you, if that is the case then yes they will build (or lose) credit based on the card. If just are an additional cardholder without being responsible for it then they will not be affected by the card.

The easiest way to tell is to ask them but if you gave them the other person's social security number then they most likely are the frist case where they will build credit.
Not sure read some credit tips and more on this site to help you with it
If the card is a joint account, yes your wife benefit from the history of the card - as long as the card is in good standing, if it's not in good standing, it will hurt both of your scores (if you default on the card, she would be held liable also)

If she is an authorized user, she will also benefit from the "full" history of the card as long as the card company is reporting it for her. They usually will do that automatically, but sometimes you need to call and request that they report for the authorized user.
(if you default on the card, she would "not" be held liable, unless your state statutes say otherwise)

Check her credit reports and see if it is listed. If not, call Cap One and request that they list her - Cap One is usually pretty good with listing AU's, so I'm sure she already does have it on her reports.
She needs to use it also. If she has her own card then yes it will help her but also it doesn't hurt if she uses the one she carries. Most lenders look at what good line of credit you have out which is bank loans and credit cards. If you keep this up to date it should reflect on her credit also as long as she has a card of her own.
Some people call it Piggy backing or riding on family members shirt tales look it up really. It is something someone with outstanding credit can do to help u.

:)

The answers post by the user, for information only, BAnswer.com does not guarantee the right.

Other Questions and Answers:
  • does anyone know?
  • I have a gift certificate and the business has changed owners, do they still have to accept it?
  • AHHH!! I have all these papers and I need to clear them out. What should I do?
  • credit card fraud?
  • Have you ever been charged for going over your overdraft limit at your bank?
  • How do I establish and start building credit, when it's already bad?
  • I know its a cliche but. I want to set up my own b&b in France. Where can I get either a mortgage or a loan?
  • bad credit??