SHORT ANSWER: Once your child is responsible enough to understand your household rules and limits for a credit card, you should add them as an authorized user to help them build a credit history and ...

“Add your child as an authorized user so you can help them establish a good credit history.” It’s common advice — and it’s not wrong. Assuming you have an excellent credit history yourself, as well as ...

While a minor cannot legally get their own credit card until they hit 18 and show proof of a steady source of income, adding your child to your card as an authorized user can help them start building ...