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credit card - individual authorized user vs cardholder

  • 1.  credit card - individual authorized user vs cardholder

    Posted 15 days ago

    Has anyone encountered an individual authorized user for another individual's credit card requesting a tax receipt in their name rather than the cardholder's name? The authorized user has POA over the cardholder. We are thinking the cardholder is still the donor, but have not dealt with this situation before.



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    Mary Ann Coyle
    Childrens' Hospital Foundation of Richmond
    macoyle@chfrichmond.org
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  • 2.  RE: credit card - individual authorized user vs cardholder

    Posted 12 days ago
    The legal donor is the owner of the money, or in a cc situation, the person who is responsible to pay the debt. The POA changes who may act on that person's behalf, but not the ownership of the money or the responsibility to pay back the debt. 


    Thank you,
    Isaac Shalev
    Data Strategy Expert
    Sage70, Inc.
    (917) 859-0151
    isaac@sage70.com

    Schedule a 30-minute consultation now:




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