additional-cardholder

Credit Cards that offer free additional cardholders

There are a number of credit cards in the Australian market that let you add additional cardholders for no extra charges.

What is a credit card that offers additional credit cardholders for free?

These are a group of credit cards that allow you to have someone else access your credit card account for free. Some credit cards will allow you to have one additional cardholder for free, some will allow up to nine.

This feature is particularly useful when you, as the primary cardholder, want to share the benefits of your credit card with an additional family member. You’ll both share the same line of credit and you’ll be able to use the credit card according to your individual needs.

St.George Vertigo Platinum - Online Offer

0% p.a. for 24 months on balance transfers with no BT fee
$0 annual fee for the first year

Offer ends 13 December 2017

Eligibility criteria, terms and conditions, fees and charges apply

St.George Credit Card Online Offer

A platinum card that features a no BT fee balance transfer offer, first year annual fee waiver and a low variable interest rate on purchases.

  • $0 p.a. annual fee for the first year ($99 p.a. thereafter).
  • 12.74% p.a. on purchases
  • Cash advance rate of 21.49% p.a.
  • Up to 55 days interest free
Go to site

What are the credit cards with free additional cardholder?

Rates last updated November 19th, 2017
Name Product Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee Product Description
St.George Vertigo Platinum - Online Offer
12.74% p.a.
0% p.a. for 24 months
$0 p.a. annual fee for the first year ($99 p.a. thereafter)
Platinum card benefits plus 0% p.a. for 24 months on balance transfers (with no BT fee) and $0 annual fee in the first year. Ends 13 December 2017.
NAB Premium Card
19.74% p.a.
0% p.a. for 20 months with 2% balance transfer fee
$90 p.a.
Offers 7 complimentary insurance covers, access to a 24/7 concierge service and special offers through Visa Entertainment.
Bankwest Breeze Classic Mastercard
0% p.a. for 13 months (reverts to 12.99% p.a.)
0% p.a. for 13 months with 2% balance transfer fee
$79 p.a.
Receive up to 55 days interest-free on purchases and free worldwide emergency card replacement.
Emirates Citi World Mastercard
20.99% p.a.
0% p.a. for 9 months
$149 p.a. annual fee for the first year ($299 p.a. thereafter)
Get up to 4 additional cards without paying any additional card fee.
HSBC Platinum Qantas Credit Card
19.99% p.a.
0% p.a. for 6 months
$199 p.a.
Receive 60,000 bonus Qantas Points when you meet the spend requirement and earn up to 1 Qantas Point per $1 spent.
Bankwest Breeze Platinum Mastercard
0% p.a. for 13 months (reverts to 12.99% p.a.)
0% p.a. for 13 months with 2% balance transfer fee
$99 p.a.
Receive complimentary international travel insurance, extended warranty cover and 0% foreign transaction fees.
Westpac Low Rate Card - Online Only Balance Transfer Offer
13.49% p.a.
0% p.a. for 24 months with 2% balance transfer fee
$59 p.a.
Take advantage of 0% p.a. for 24 months on balance transfers with a 2% balance transfer fee when you apply online by 31 January 2018.
ANZ Low Rate
12.49% p.a.
$58 p.a.
Receive up to 55 days interest-free on purchases, up to 3 additional cardholders at no cost and Mastercard PayPass.
St.George Vertigo Visa - Online Offer
13.24% p.a.
0% p.a. for 18 months
$0 p.a. annual fee for the first year ($55 p.a. thereafter)
Take advantage of 0% p.a. for 18 months on balance transfers (with no BT fee). Plus, $0 annual fee in the first year. Ends 13 December 2017.
American Express Platinum Business Card
$1,500 p.a.
Enjoy a platinum business concierge, complimentary Virgin Lounge access, worldwide travel insurance and luxury hotel benefits.
HSBC Platinum Credit Card
19.99% p.a.
0% p.a. for 22 months with 2% balance transfer fee
$129 p.a.
Earn 1 Reward Point per $1 of eligible spend and receive complimentary travel and purchase protection insurances.
ANZ Platinum Credit Card - Exclusive Offer
0% p.a. for 3 months (reverts to 19.74% p.a.)
0% p.a. for 12 months
$0 p.a. annual fee for the first year ($87 p.a. thereafter)
Exclusive to finder, receive 0% p.a. interest on purchases for 3 months and 0% p.a. on balance transfers for 12 months with no balance transfer fee.
Qantas American Express Premium Card
20.74% p.a.
0% p.a. for 12 months with 1% balance transfer fee
$249 p.a.
Enjoy two complimentary Qantas Club lounge invitations per year and the protection of complimentary travel insurance.
NAB Velocity Rewards Card
19.99% p.a.
4.99% p.a. for 6 months
$95 p.a.
This Visa card offers 0.5 Velocity Points per $1 spent on eligible purchases and special Visa Entertainment offers.
Citi Clear Platinum
14.99% p.a.
$99 p.a.
Receive complimentary insurance covers and a 24-hour concierge service. Also enjoy free wine when you dine with the Citibank Dining Program.
Bankwest Zero Platinum Mastercard
17.99% p.a.
2.99% p.a. for 9 months
$0 p.a.
Receive complimentary international travel insurance, access to a 24/7 concierge service and 0% foreign transaction fees.
American Express Essential Credit Card
14.99% p.a.
0% p.a. for 12 months with 3% balance transfer fee
$0 p.a.
Get Smartphone Screen Insurance of up to $500 when you pay for your phone or contract with your Essential Credit Card.
NAB Low Fee Card
19.74% p.a.
0% p.a. for 16 months with 2% balance transfer fee
$30 p.a.
Receive complimentary purchase protection insurance, special offers from Visa Entertainment and up to 44 days interest-free on purchases.
NAB Qantas Rewards Card
19.99% p.a.
4.99% p.a. for 6 months
$95 p.a.
A Visa card that rewards you with 0.5 Qantas points per $1 spent, plus complimentary purchase protection insurance.
NAB Qantas Rewards Premium Card
19.99% p.a.
4.99% p.a. for 6 months
$250 p.a.
A premium card that offers 25,000 bonus points when you meet the spend requirements. Plus a 24/7 personal concierge.

Compare up to 4 providers

What are the types of credit cards available that offer additional credit cardholders?

Free additional cardholders are offered with a variety of credit card types, the most common being:

  • Platinum credit cards. This feature is most commonly found in Platinum credit cards, as the high annual fee supports the benefit of additional cardholders. These credit cards provide many benefits to its cardholder, but eligibility requirements are normally higher than standard credit cards.
  • Rewards credit cards. Rewards credit cards allow you to have additional cardholders so you can accrue points more quickly. Your whole family can pool in points together. Remember that with reward credit cards you always need to maximise the value from the points earned, relative to the annual fee.

How do free additional cardholders work?

An additional cardholder will get a separate credit card that has access to your credit card account, and any other account that you may have linked to it. They may also have access to your account through online banking, so they can see all of your credit card activity.

As a general rule, banks and financial institutions require the additional cardholder to be over 16 years of age, with some even requiring the cardholder be over 18. As the primary cardholder, you are liable for how the account is used, including purchases made by the additional cardholder.

Usually the easiest way to add another cardholder onto your credit card account is through your bank’s online banking system. You can login and change the details of account. The banks can also provide you with a request form where you can return it in branch, by fax or post.

It takes about two weeks to process an additional cardholder onto your account, and a new card is sent to the primary cardholder’s address after that, which could take a few extra business days to arrive.

Normally, if the additional cardholder you’ve nominated isn’t an existing customer of your bank, then an ID check may be required. Suitable ID documents include passports, birth certificates, driver’s license, medicare cards etc.

How to compare credit cards that offer free additional cardholders

  • The amount of free additional cardholders you can have. Most credit cards allow up to one extra cardholder at no extra cost. So if you want to allocate more than one credit card, you will need to compare more credit cards. If you already have an existing credit card and don’t want to switch then you can usually add more for a fee.
  • Credit limit. Before you set up an additional cardholder, you need to ensure that your spending combined cannot exceed the credit limit. If your credit limit is too small, consider an alternative solution.

Pros and cons of credit cards that offer free additional cardholders

Pros

  • Pool your reward points together. This is a great way to accumulate points quickly, which means you can offset some of the spending by redeeming points for rewards.
  • No need to open another account. Manage your finances easier without the need of opening a new account. All your purchases and transactions will be recorded onto the one statement and account.

Cons

  • Liability. Be mindful that as the primary account holder, you are liable for all transactions. This means that if the additional cardholder carelessly uses the credit card, ultimately paying it all back is up to you.
  • Harder to keep track of spending. If you’re trying to budget, having an extra spender on your account could make things harder depending on how disciplined they are.

Tips and things to avoid when it comes to credit cards that offer free additional cardholders

  • Cash advances. Cash advances charge an incredibly high rate of interest, so these should be avoided at all costs. Especially if there are multiple cash advances happening at the one time with multiple card holders.
  • Teach your additional cardholder You may know the ins and outs of credit card interest for example, but your 16 year old child may not. This means you should teach them how interest free days work, what purchases are eligible to earn rewards points and more.

How do interest free days work?

Frequently asked questions

To cancel an additional cardholder, please contact your credit card provider to request this.

You will need to contact your bank immediately and report it as lost or stolen. The bank will then cancel the account which means all of those who have access to it will be affected. You can set up a replacement account and reissue the cards.

For security purposes, each cardholder has a different PIN.

Back to top
Was this content helpful to you? No  Yes

Related Posts

Qantas Premier Platinum
Qantas Premier Platinum

Interest rate

19.99

Annual fee

299
St.George Vertigo Platinum - Online Offer
St.George Vertigo Platinum - Online Offer

Interest rate

12.74

Annual fee

99

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, read the PDS or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms and Conditions and Privacy Policy.
Ask a question