Supplementary Cards

[beni050385]

Hi Guys,

I have noticed on a couple of the Amex charge cards (platinum in particular) there is unlimited supplementary cards. Just like a business giving cards to employees and having strict grounds on what/how much can be spent, what's stopping us here having a few primary cards and distributing supplementary cards?

 

[fersea]

Yep good idea. Why don't we get you to be the primary card holder and responsible for the account and the rest of us will get a supplementary card.

We "promise" we will pay you back.

 

[beni050385]

Yep good idea. Why don't we get you to be the primary card holder and responsible for the account and the rest of us will get a supplementary card.

We "promise" we will pay you back.

"Promise" being the ultimate word.
surely there a way, be it credit contract via direct debit ect.

There would be similar set ups for workplaces and there responsible for the debt

 

[fersea]

So how would you cover your risks and costs, for instance direct debit bounces etc. you would have to charge a fee, plus of course many people don't pay their credit cards on time, rather they pay interest which is how the banks make their money. So you would have to charge that too even if it was simple cost recoverybut of course there would be overheads.

And of course too as supplementary card holders what benefits do we get? We wouldn't get the points, the airline lounges, the free flight etc. if we wanted a credit card with little or no fees but also little or no perks there are plenty in the market which essentially cost you nothing if you pay them off on time.