Yes, I understand. Your joint account was created by joining two individual accounts. Those individual accounts are permanently closed and cannot be reopened. A joint account is forever a joint account. A joint account cannot be separated into two individual accounts. You’ll need to close the joint account and reapply for an individual account.
CO-OWNED ACCOUNT
If you share the Account with any Co-Owner, your Account is a “Co-Owned Account.” The following provisions apply if the Account is a Co-Owned Account:
• Each Co-Owner is jointly and severally responsible for paying us all amounts due on the Account, even if one Co-Owner is unable or unwilling to pay.
• Unless otherwise required by law, we may contact any Co-Owner individually about the Account and any notice or communication from us will be effective for the Account when provided to any Co-Owner.
• Any Co-Owner's requests and instructions will apply to the Account. Any instruction or consent provided by a Co-Owner may be applied to the Account and will be applicable to all Co-Owners and may affect all Participants. For example, we will honor a Co- Owner's requests to increase the Credit Limit (if the Account is eligible), add a Participant, redeem Daily Cash, request Account information, update information provided to us, receive a credit balance refund, and exercise any other rights under this Agreement. If we receive different or inconsistent requests or instructions from Co-Owners, we may accept or reject any request or instruction from any Co-Owner in our sole discretion. We may also choose to not obtain consent from all Co-Owners.
• Co-Owners may have access to information about each other’s use of the Account. If you used the Account as an individual before sharing it as a Co-Owned Account, that information will also be available to any Co-Owner. For example, Co-Owners may receive information about your Transaction history, payment activity, Payment Source Accounts, disputes, participation in relief opportunities provided by us, and what we have reported to credit bureaus. Co-Owners may also access any Monthly Statement or other document relating to the Account (for example, historical information and Monthly Statements about a Co-Owner's individual Apple Card account before they agreed to a Co-Owned Account).
• Each Co-Owner agrees that the other Co-Owner on the Account is their agent. Each Co-Owner also agrees to be the agent of the other Co-Owner on the Account. Each Co-Owner has full authority to make payments on each other Co-Owner's behalf from each Co-Owner's Payment Source Account. Each Co-Owner also agrees that we may rely upon any Co-Owner’s instructions with respect to the time and amount of an authorized payment.
• DO NOT ADD A PAYMENT SOURCE ACCOUNT IF YOU DO NOT WANT YOUR CO-OWNER TO AUTHORIZE PAYMENTS FROM SUCH ACCOUNT ON YOUR BEHALF.
• A Co-Owner may not remove themselves or any Co-Owner from a Co-Owned Account. However, a Co-Owner may request to close the Co-Owned Account and then request a new individual account, subject to our eligibility criteria in effect at the time. If a Co-Owner obtains a separate account, the Co-Owned Account will be closed. Co-Owners will remain responsible for any balances owed on the closed Co-Owned Account.
• The information about the Account that we report to credit bureaus will be reported for each Co-Owner as well as Participants if they are being reported on the Account.
