Op-ed: My kids have credit cards and yours should, too [CNBC]
American Express Company (AXP)
Last american express company earnings: 4/24 07:00 am
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ir.americanexpress.com
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Source: CNBC
My mom specifically told me that it was for emergencies, or if I had permission beforehand to use it. She thought it was a way to help her daughter in case she needed money, but what she didn't know then was that it also helped me learn how to handle credit early in life. Now, my three kids — ages 15, 12 and 10 — have had credit cards since before they entered kindergarten. Here's a look at more stories from CNBC's Financial Advisor Council They are far from alone. Six million American parents have at least one minor child with a credit card, according to a 2019 CreditCards.com poll Children under 18 cannot apply for their own cards, but they can be added to their parents' accounts as authorized users and be issued a card. Some banks, such as Chase and Citi, do not have a minimum age requirement for authorized users. Others, such as American Express, require authorized users to be at least 13 years old. Adding your child as an authorized user on your credit cards can be a s
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News
- Our Pick Of The Most Exclusive Credit Cards [Forbes]Forbes
- How many credit cards is too many? [Yahoo! Finance]Yahoo! Finance
- Best Credit Cards For Apple Purchases Of May 2024 [Forbes]Forbes
- U.S. Consumer Financial Protection Bureau Issues New Rules On Buy Now, Pay Later Programs [Forbes]Forbes
- How Much Can The Average Family Earn In Cash Back From Credit Cards Each Year? [Forbes]Forbes
AXP
Earnings
- 4/19/24 - Beat
AXP
Sec Filings
- 5/23/24 - Form 4
- 5/22/24 - Form 144
- 5/21/24 - Form 4
- AXP's page on the SEC website