Mileage Plus Visa. . .

I want to help my nephew establish credit and also earn miles. He has no
credit and can't get a card on his own. If I put the card in my name and
add him (jointly if they permit it) or as an additional card can I put the
miles into his account? Or does the account that gets the miles have to
have the same name as the primary?

Not sure if anyone would know but thought I'd ask.

thanks

On Sun, 24 Jun 2007 07:34:21 GMT Enzo Lombard-Quintero wrote:

:I want to help my nephew establish credit and also earn miles. He has no
:credit and can't get a card on his own. If I put the card in my name and
:add him (jointly if they permit it) or as an additional card can I put the
:miles into his account? Or does the account that gets the miles have to
:have the same name as the primary?

:Not sure if anyone would know but thought I'd ask.

I can't answer that, but I have a question....

Is it worth the $60+ to get the miles (which I presume will not be that many)?

--
Binyamin Dissen
http://www.dissensoftware.com

Should you use the mailblocks package and expect a response from me,
you should preauthorize the dissensoftware.com domain.

I very rarely bother responding to challenge/response systems,
especially those from irresponsible companies.

I can't answer that, but I have a question....
Is it worth the $60+ to get the miles (which I presume will not be that many)?


Most obvious answer is to call the mileage plus visa phone number and
ask them.

60 dollars annual fee is the hang up because if you do not earn enough
miles for a free flight within a reasonable enough time frame, the 60
dollar per year fee *could* add up to cost you more than you could buy
a ticket in the open market.

On Jun 24, 1:24 pm, wrote:
I can't answer that, but I have a question....

Is it worth the $60+ to get the miles (which I presume will not be that many)?

Most obvious answer is to call the mileage plus visa phone number and
ask them.

60 dollars annual fee is the hang up because if you do not earn enough
miles for a free flight within a reasonable enough time frame, the 60
dollar per year fee *could* add up to cost you more than you could buy
a ticket in the open market.

I have done it. No problem. It must be a joint visa account with both
of your financial details provided to show that there is the capacity
to cope with the credit card payments. But it can be in his name and
he will accrue miles. If he buys groceries and other items on it, it
will be well worth doing - providing he pays off the monthly balance.

"Enzo Lombard-Quintero" wrote in message
...
I want to help my nephew establish credit and also earn miles. He has no
credit and can't get a card on his own. If I put the card in my name and
add him (jointly if they permit it) or as an additional card can I put the
miles into his account? Or does the account that gets the miles have to
have the same name as the primary?

Not sure if anyone would know but thought I'd ask.

thanks


Experian is putting an end to reporting of credit scores for authorized
individuals at years end. Too many "Credit Card Repair" schemes utilize
piggybacking of accounts of others to falsely inflate the credit scores of
credit challenged individuals. It will have its negative drawbacks on the
legitimate people who piggyback off a relative's card.

In message "Larry"
wrote:

Experian is putting an end to reporting of credit scores for authorized
individuals at years end. Too many "Credit Card Repair" schemes utilize
piggybacking of accounts of others to falsely inflate the credit scores of
credit challenged individuals. It will have its negative drawbacks on the
legitimate people who piggyback off a relative's card.

How about if the person with poor credit signs up for the account and
gets it cosigned? Or is that beyond the capabilities of modern credit
cards?

--
If quitters never win, and winners never quit,
what fool came up with, "Quit while you're ahead"?

in article , Ivan Skivar
at wrote on 6/24/07 2:27 PM:

On Jun 24, 1:24 pm, wrote:
I can't answer that, but I have a question....

Is it worth the $60+ to get the miles (which I presume will not be that
many)?

Most obvious answer is to call the mileage plus visa phone number and
ask them.

60 dollars annual fee is the hang up because if you do not earn enough
miles for a free flight within a reasonable enough time frame, the 60
dollar per year fee *could* add up to cost you more than you could buy
a ticket in the open market.

I have done it. No problem. It must be a joint visa account with both
of your financial details provided to show that there is the capacity
to cope with the credit card payments. But it can be in his name and
he will accrue miles. If he buys groceries and other items on it, it
will be well worth doing - providing he pays off the monthly balance.

Thanks very much.

DevilsPGD wrote:

In message "Larry"
wrote:

Experian is putting an end to reporting of credit scores for authorized
individuals at years end. Too many "Credit Card Repair" schemes utilize
piggybacking of accounts of others to falsely inflate the credit scores of
credit challenged individuals. It will have its negative drawbacks on the
legitimate people who piggyback off a relative's card.

How about if the person with poor credit signs up for the account and
gets it cosigned? Or is that beyond the capabilities of modern credit
cards?

It isn't. However, the cosigner is liable for all balances and has no
control over the maximum amount allowed.

In message "Frank F.
Matthews" wrote:

DevilsPGD wrote:

In message "Larry"
wrote:

Experian is putting an end to reporting of credit scores for authorized
individuals at years end. Too many "Credit Card Repair" schemes utilize
piggybacking of accounts of others to falsely inflate the credit scores of
credit challenged individuals. It will have its negative drawbacks on the
legitimate people who piggyback off a relative's card.

How about if the person with poor credit signs up for the account and
gets it cosigned? Or is that beyond the capabilities of modern credit
cards?

It isn't. However, the cosigner is liable for all balances and has no
control over the maximum amount allowed.

Oh? When I was last looking into cosigning, I could put a "to a maximum
of 'x'" amount into the contract I signed, which would limit my
liability.

As it turned out it was less paperwork to simply borrow the cash myself
and lend it out, since the goal was to help someone out, not to build
their credit...

--
If quitters never win, and winners never quit,
what fool came up with, "Quit while you're ahead"?