Advantages and disadvantages of relative cards

1. Advantages: consumption management among family members is more convenient: family cards can manage the consumption of family members in a unified way, reducing the trouble for everyone to apply for cards separately. Family members can spend money through relatives' cards without transferring money or withdrawing cash every time. Easy to control family expenses: you can set the upper limit of the relative card, and family members can set it according to actual needs. This can effectively control household expenses and avoid excessive consumption and financial pressure.

2. Disadvantages: Financial risk: The risk of relative card is mainly reflected in the consumption management of family members. If family members do not use the relative card correctly, or exceed the set limit, it may lead to family financial problems and even debt. Credit record is affected: the consumption behavior of relatives' cards will have an impact on the credit record of the host card. If family members are unexpectedly overdue or have bad credit records, it will have a negative impact on the credit rating of the host card holder.