Other Customer Service Support

[roadhazard]

My daughter (22) has zero credit and works a part time job. She wants to buy a new TV and receiver (about $1,500 total). She was turned down for an Amazon credit card recently due to lack of credit and we were wondering if BB even allows cosigners any more on credit apps? We figured we could start building her credit and get a nice TV for her (2 birds, 1 stone). In case it matters, my credit score is in the 850'ish range.

[hockeycanuckjc Community Veteran · Accepted solution]

The credit card allows authorized users but your daughter would need to apply for the card to build her own credit. 

You don't want too many inquiries as it can hurt your score even more.

If you can spot the money up front for your daughter, I would suggest going to a bank or credit union and applying for a secure credit card for her in the amount you want to finance and then having her use it at Best Buy to purchase the items she needs and then use online bill pay to build her credit score. 

There are lots of secure cards out there without any annual fees you just have to look for it. Also, last I checked.banks allow additional cards for users but only your credit would be built, not hers. 

[roadhazard]

Thanks for the information!

[hockeycanuckjc Community Veteran]

You are welcome. Your daughter could then have the credit card in her name and almost any bank says yes to a secure deposit even with little or no history. She even has the opportunity to turn the card into an unsecure one after a year or two depending on the evaluation of the card by the bank.