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#1232051 - 08/13/09 02:40 PM Debit Card for Authorized Signers
GSB Training Offline
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Joined: Aug 2005
Posts: 112
Is there any reason why we can't offer a debit card to an authorized signer on an account?

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eBanking / Technology
#1232194 - 08/13/09 04:46 PM Re: Debit Card for Authorized Signers GSB Training
John Burnett Offline
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John Burnett
Joined: Oct 2000
Posts: 40,086
Cape Cod
It depends, in my opinion, on who requests the card. If the account owner authorizes the issuance of the card, I think it's fine. But the authorized signer should not get a card without the card owner's authorization (which may be part of the initial appointment of the authorized signer).
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John S. Burnett
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#1232501 - 08/13/09 08:50 PM Re: Debit Card for Authorized Signers John Burnett
pmoore Offline
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Joined: Feb 2004
Posts: 20
What is the person getting the debit card is not an authorized signer? And is a minor?

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#1232599 - 08/14/09 12:00 AM Re: Debit Card for Authorized Signers pmoore
BetsyS Offline
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Joined: Jun 2009
Posts: 471
Would you give an unauthorized signer checks on the account? I agree with John. I would also check your account/card agreements to make sure that there are provisions making the account owner liable for all card transactions on their account made by the agent.

As to a minor, depends on your bank's best practice. Minors can't be held responsible for most contractual obligations (read the bottom of a card signature sales receipt) We do issue cards with limited access in some cases. (Minors over 16 and owner and signer of the account, parent must be joint owner and co-sign the card application)
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