How do I add a cardholder to my Westpac account?
How to apply for an additional cardholder
- Via Online Banking – apply for an additional card online and your personal details are automatically included in the form.
- Contact us on 1300 651 089.
- Visit a branch.
What is an additional cardholder?
An additional cardholder is an authorized secondary user added to an account by the primary cardholder. The additional cardholder generally gets to enjoy all the benefits of a debit or credit card account without any liability, which remains the responsibility of the primary cardholder.
Is secondary cardholder responsible?
Legally, the secondary cardholder isn’t liable for any charges or balances. Ultimately, the account balance and total responsibility of the card lies with you, the primary holder. They also won’t be able to simply call the credit card company to make changes or dispute charges.
What happens when you add a cardholder?
Adding a cardholder to your credit card account means that you can bank the points they earn with their own spending. If you choose a card with transferable points like American Express or Chase, you can then transfer points to the additional cardholder’s frequent flyer/guest accounts.
Can I have two debit cards Westpac?
Your Westpac Debit Mastercard® can be attached to up to 2 of these eligible Westpac accounts: Westpac Choice.
Are additional card holder responsible for debt?
Most credit card issuers allow account holders to add other cardholders on their account as authorized users. These additional cardholders can legally make transactions but can’t be held liable for the payments or any delinquent debt.
Does adding an additional cardholder help their credit?
Yes, authorized users do build credit. You can actually build a good or excellent credit score just as an authorized user on a credit card. When you become an authorized user, the account is added to your credit report, which means on-time payments by the primary cardholder will help you build good credit history.
Does being an additional cardholder help your credit?
Being an authorized user might not impact your credit at all. If a card issuer doesn’t report authorized user activity to the credit bureaus, being added to the account won’t impact your credit in any way. Thankfully, many card issuers do report authorized user activity to the major credit bureaus.
Does additional cardholder affect credit?
Being an authorized user can affect your credit in both positive and negative ways—but it can also have no affect on your credit whatsoever. Whether the lender reports authorized users to the credit bureaus. Whether both the credit account owner and the authorized user use their shared account responsibly.
Does adding an additional card holder help your credit?
When you add an authorized user to your credit card account, information from the account — like the credit limit, payment history and card balance — can show up on that person’s credit reports. That means their credit can improve as a result of being added to a credit account you keep in good standing.
How many accounts can you have with Westpac?
You are eligible on a maximum of 3 unique sets of Westpac Choice and Westpac Life individual or joint accounts. These sets of accounts must have unique individual or joint account holders. For example: Sam has an individual Westpac Choice transaction account and individual Westpac Life savings account.
Does being an additional cardholder affect credit?
Being an authorized user can affect your credit in a few ways. The accounts that you’re an authorized user on will likely appear on your credit reports — most, but not all, credit card issuers report account activity to an authorized user’s credit reports.
How to request an Additional WESTPAC credit card?
Additional Cardholder Request form (PDF 653KB), then deliver it to your Relationship Manager or any Westpac branch for verification and processing. You’ll need to make sure you have a limit available to assign to the new cardholder.
What does it mean to have an additional cardholder?
Adding an additional cardholder is an ideal way to share the benefits and convenience of your credit card with someone else without having to open a new credit card account. It means both you and your additional cardholder can share the one credit card account and be able to use your card in different places at the same time.
How to apply for a WestPac facility limit increase?
Facility Limit Increase – Business Liability (PDF 90KB) form. Once complete, deliver the form to your Relationship Manager or any Westpac branch for verification processing. Reallocation of Cardholder Limits form (PDF 637KB), then deliver it to your Relationship Manager or any Westpac branch for verification.
How to change your business name at Westpac?
Facility Maintenance form (PDF 80KB), then email it to [email protected] or fax it to (02) 9055 3598. Please note, original evidence in the form of certificate of change of business or company name must also be presented to a Westpac branch for the change to take place.