Best Answer: Jacob is correct, as long as the parent and child are joint users then the age is not a factor. Cap One even claims that their youngest "joint" card holder is 4 years old. As for the comment that n p made saying that a 2 year old isn't responsible enough, well yeah. At that age the child probably won't even know about the account, or care. Plus any parent that hands a 2 year old a credit card needs to learn about credit, and parenting, themselves.
When a parent wants to give their kids a boost by the time the kids reach 18, the parents should consider themselves as custodians of the account(s) ONLY and not abuse the account(s) themselves. They would need to take the steps to keep the account(s) in good standing. The parent also needs to teach the child about credit and budgeting.
Once the child reaches
his/her teens and the parent feels confident in the teens understanding of credit/budgeting and hands over the card, the parent should keep a very close eye on the usage of the account.
If a teen is given a credit card without the proper teaching of credit and budgeting, or if the parent fails to keep an eye on how the teen handles the card(s), the teen could mess up their own credit and the parents credit as well - since they are joint users.
Jacob also mentioned credit unions.
NASA does have a card for teens (16-18). The parent co-signs for the account but the card is issued in the teens name. The credit limits on the teen cards is generally 250.00 or 500.00.
As for the DR fan, even Dave couldn't rent a car with a debit card and, because of that, was left standing in the street in a strange town.