Time to Read – 2 Minutes

One of the quickest ways to boost your credit score is to become an authorized user on someone else’s credit card. It’s like getting a piggyback ride to better credit. Here’s how it works and why it can be a game-changer for your credit profile.

What is an Authorized User?

An authorized user is someone who is added to another person’s credit card account. As an authorized user, you’ll get your own card and can make purchases, but you’re not responsible for paying the bill. The primary cardholder’s good credit habits (like on-time payments and low balances) reflect on your credit report. It’s like riding shotgun while someone else drives.

How to Become an Authorized User

1. Choose the Right Person Pick someone with good credit habits. Ideally, this person has a long credit history, makes on-time payments, and keeps their balances low. It’s like choosing a mentor—you want someone who sets a great example.

2. Have the Conversation Ask if they’re willing to add you as an authorized user. Explain why you want to do this and how it can help you build your credit. Be honest about your intentions. It’s like asking for a favor—clear communication is key.

3. Get Added to the Account Once they agree, the primary cardholder will contact their credit card issuer to add you as an authorized user. You’ll need to provide your personal information, but there’s usually no credit check involved. It’s like joining a club—simple and straightforward.

4. Use the Card Responsibly Even though you’re not responsible for the bill, use the card wisely. Make small purchases and pay them off promptly. It’s like sharing a car—be respectful and responsible.

Benefits of Becoming an Authorized User

1. Build Credit History Being an authorized user can add positive credit history to your report. This is especially helpful if you have a limited or no credit history. It’s like getting a head start in a race—every bit helps.

2. Improve Credit Score The primary cardholder’s good habits can boost your credit score. Regular, on-time payments and low balances can reflect positively on your credit report. It’s like borrowing their good reputation.

3. No Financial Responsibility As an authorized user, you’re not legally obligated to pay the bill. The primary cardholder is responsible for all charges. It’s like having a safety net—you get the benefits without the risk.

4. Learning Opportunity Being an authorized user can teach you about responsible credit use. You’ll see firsthand how good habits impact your credit. It’s like getting hands-on training in personal finance.

The Bottom Line

Becoming an authorized user is a smart way to build or improve your credit score. Choose someone with good credit habits, have a clear conversation, get added to the account, and use the card responsibly.

So, go ahead and take that piggyback ride to better credit. Your credit score (and your financial future) will thank you!