<p>curious, partyof5, why you keep/use son’s card?
You may be helping him establish good credit score, but you’re the one establishing it, not him. </p>
<p>We went another route. My D got a credit card through her bank that was tied to a savings account. (her limit is tied to the savings account). Eventually, they will raise her limit above that (I think at graduation?)</p>
<p>I emphasized to her that she MUST pay it off each month, and for the first semester or so, I did remind her during stressful periods (midterm, etc) not to forget to pay. She’s a junior now. She uses it only to buy gas, which is something she does maybe 1x a month, and pays it off monthly with no reminders from me.</p>
<p>She is learning about paying bills and managing money by doing this.</p>