 TITLE: The Pros and Cons of a Joint Credit Card CONTENT: What Is a Joint Credit Card Account?\n------------------------------------\nA joint credit card account allows you to be a co-owner of a credit card with another person, such as a spouse, close friend or family member.\nSharing a joint credit card account is different from adding someone as an authorized user to your account. As joint account holders, both cardholders are legally responsible for paying the debt that either one accrues. An authorized user, on the other hand, can make purchases with the card, but isn't liable for the debt they incur. Only the account owner will be penalized for accruing debt they can't repay or missing payments on the account.\nIf you're interested in opening a joint credit card account, it's important to note that this type of account is increasingly rare, with only a few major financial institutions still offering them. Authorized-user accounts are more common. END