If I create a new Apple id account with the same bank details for a old Apple id account will I lose my old account?

My daughter has created a Apple Id account with my bank details and I have an Apple id account myself on her phone it's comimg up with "This Device Is Already Associated With an Apple ID. If you turn on Automatic Downloads with your Apple ID, you cannot auto-download or download past purchases with a different Apple ID for 90 days."  Does this mean if she presses cancel or transfer will my account be affected in anyway.

I set up FaceTime and Messages on four different devices with only one Apple ID. I used the exact method that is described in the video that AnaMusic has provided to you in the link in her response above.  That method worked fine for my family, but you can create new Apple ID's just to use for FaceTime and Messages if you like. Many users prefer doing that as opposed to adding new email addresses.
IMO - using unique email addresses (like in the video) makes sense, because we (my family) all have different email addresses anyway, and it was very simple to add each family members email address to both apps and remove my Apple ID email address as the contact address on each device.
BTW .... if you are using your Apple ID on both devices - your phone number should be the number that is showing in the settings - not you daughter's. Did you set up the Apps with your Apple ID?

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