How much do Cardholders make? Cardholders get anywhere from $50 to $300 for each person you add as an authorized user, we will pay you more for Credit Cards that have High Limits and are mature in age. Each credit card has anywhere from 3 – 10 available AU spots, meaning that on average you could make upwards of $1200 per month, PER CARD depending on your credit limit, payment history and age of the card. The smallest amount made by a Cardholder in 2013 was $3,400 and the highest paid Cardholder in our program made $83,000 for the year. The more cards you have in our program, the more money you can make.Contact us for more information on these types of accounts.
How to qualify to become a Cardholder?
- A Cardholder must have at least one credit card with a perfect payment history (no late payments).
- The credit card(s) must be at least 6 months old.
- The Cardholder must always maintain a balance of less than 10% on their credit card(s).
- A cardholder must be able to add someone to their card within 48 hours of email notification that they have a new client.
Credit cards we’re looking for.
- USAA
- Citi Bank
- Capitol One
- Bank Of America
- American Express
- All Federal Credit Unions
- Barclays/Juniper Bank (US Airways/Frontier Airlines)
Our required role of Cardholders.
- Every credit card account in our program must be used regularly, but must always maintain a balance of less than 10% of the available credit card limit. You can Use them to buy a tank of gas every couple months and pay the balance in full as soon as the bill comes in the mail. Something needs to be owed on the account at least once per month.
- If a balance is over 10%, it must be paid down before the credit card’s reporting date, which is listed on your credit report with TrueCredit.com, but it’s necessarily the due date of your payment.
- If the credit card history for your account is not reported for an Authorized User that has been added to your account, then you do not get paid for that addition until and if it does.
- Once a client has paid us for the service, signed and returned the contract, and we have validated their information to be accurate and true, our system will automatically send an email to the You the Cardholder with the clients Information, You the Cardholder must then call your credit card Issuing Bank, and add the client(s) as authorized user(s) to their credit card(s) no more than 48 hours later than receipt, but before each individual credit card’s reporting date. Do NOT print the client’s sensitive information or copy it anywhere.
- Immediately following the addition of the AU to the credit card account, please reply to our email to let us know that the addition is complete.
- Within 7-10 business days, your Issuing Bank will mail a physical credit card directly to the credit card’s billing address with the name of the client (Authorized User) and the account number on the front of the card. You The Cardholder must fax or email a copy of the credit card with the authorized user name displayed, making certain to remove the 16 digit account number and 4 digit expiration date prior to sending. Verification with each client that the history for your credit card has reported to their credit report is required before payment is made to You The Cardholder.
- Our Operations Manager will inform the Cardholder when they can remove an authorized user from the credit card, and will then send over a new client/s to be added, and the whole process starts all over again.
This is Legal.
According to lawyers familiar with the practice of piggybacking, as well as Credit Industry insiders, the act of paying someone to add another person to their existing credit card account is perfectly legal.
Interested in becoming a Cardholder Now?
How to get start getting paid:
If you are interested in becoming a Cardholder, please fill out the ” Contact Us ” form and let us know what cards you own that you would be interested in selling. Our Operations Manager will contact you within 24 hours or you can CALL US at 702-758-3799After filling out the Contact Form if we are interested in the cards you have to offer us, we will then email or call you.
We will then spend about 10 minutes on the phone educating you on how the system works, your responsibilities and how to get paid.
Then we will add your credit card(s) to our list and start selling your Seasoned Tradelines spots on it.