Does Chase Sapphire Preferred Charge For Authorized Users? The Hidden Cost Revealed

The Chase Sapphire Preferred® Card is a popular rewards credit card that offers a range of benefits to its users. One of the most convenient features is the ability to add authorized users to your account. But does Chase Sapphire Preferred charge for authorized user? Let’s delve into the details to find out.

Understanding Authorized Users

Authorized users are individuals who are given permission to use your credit card account. They have their own card with their name on it, but the account remains in your name and is ultimately your responsibility. Authorized users can make purchases, earn rewards, and redeem points just like the primary cardholder.

Chase Sapphire Preferred Authorized User Fee

The answer is no, Chase Sapphire Preferred does not charge an annual fee for authorized users. This is a significant advantage compared to many other credit cards that charge a fee for each authorized user added to the account.

Benefits of Adding Authorized Users

Adding authorized users to your Chase Sapphire Preferred account can provide several benefits:

• Convenience: Authorized users can use their own card to make purchases, reducing the need for you to carry multiple cards.
• Shared rewards: Authorized users earn rewards on their purchases, which can contribute to your overall rewards balance.
• Enhanced credit history: Authorized users can build their credit history by making responsible use of the card.
• Emergency access: In case of an emergency, authorized users can access your account and make purchases if you are unable to.

Responsibilities of the Primary Cardholder

As the primary cardholder, you are ultimately responsible for the account and all authorized user activity. This includes:

• Making payments: You are required to make timely payments on all charges made by yourself and authorized users.
• Monitoring activity: It’s important to regularly review your account statements to monitor authorized user spending and ensure that there is no unauthorized activity.
• Setting spending limits: You can set spending limits for authorized users to control their spending and prevent overspending.
• Removing authorized users: You can remove authorized users from your account at any time if necessary.

Adding Authorized Users to Chase Sapphire Preferred

Adding authorized users to your Chase Sapphire Preferred account is easy:

1. Sign into your Chase online account.
2. Navigate to the “Manage Authorized Users” section.
3. Click on “Add Authorized User” and provide the necessary information.
4. Chase will review the application and issue an authorized user card once approved.

Wrap-Up

Adding authorized users to your Chase Sapphire Preferred account can provide convenience, shared rewards, and enhanced credit history without incurring an annual fee. As the primary cardholder, it’s important to be aware of your responsibilities and monitor authorized user activity to ensure responsible use and prevent unauthorized spending.

Questions You May Have

Q1: How many authorized users can I add to my Chase Sapphire Preferred account?
A: You can add up to three authorized users to your Chase Sapphire Preferred account.

Q2: Are authorized users eligible for the same rewards and benefits as the primary cardholder?
A: Yes, authorized users earn rewards and have access to the same benefits as the primary cardholder, such as travel rewards, bonus categories, and exclusive experiences.

Q3: Can I set spending limits for authorized users?
A: Yes, you can set spending limits for each authorized user to control their spending and prevent overspending.

Q4: Can I remove authorized users from my account?
A: Yes, you can remove authorized users from your account at any time by contacting Chase customer service.

Q5: What happens to the rewards earned by authorized users?
A: Rewards earned by authorized users are added to the primary cardholder’s account balance and can be redeemed by the primary cardholder.