Originally Posted by
Ducati
From what I understand in business law, if you're under the age of 18 and you enter into a contract, it is automatically void, generally. In this case, the contract is the credit card and the responsibility to pay the bill. Another reason why many businesses won't deal with minors, including car dealerships.
If Chase wants to issue a credit card to someone under 18, then that minor has no legal responsibility to pay the bill.
I may be wrong on this, but this is from what I remember in college. I did get an A in the class.
Perhaps you had an easy grader!
The law depends on the state, but, in most, contracts for necessities such as housing, food, clothes may be enforced even if with a minor.
As to the card, if the minor applies--which they can certainly do--and gets the card--which is more problematic since they probably don't have anything on their credit report, they should get the miles.
I don't see the harm in giving it a shot. @:-)
Especially in view of numerous folks I know who have gotten their cats or dogs cards (none of them over 18).
