02-23-2011 04:59 PM
+1. I just went through the same thing with them the first of January this year. They verify your membership with Costco first, which does take an entire week, then AMEX will hard pull your EX. You should have an answer (email if you signed up) within a few hours from that pull.
Patience is a virtue but I personally thinks it really sucks to wait ...
02-23-2011 07:40 PM
Thank you all for responding, I appreciate it!
And take the calendar days easy, it was a long weekend.
02-25-2012 05:01 PM
02-25-2012 07:35 PM
685 EQ. 3 yr, 7 mo. AAoA, 29 year account history due to AU card (I'm only 25). No late payments or derogatory reporting. 35% util (rapidly paying off CC debt). I have had an AMEX Blue card since July 2007, and currently have a $2.6K CL with a $0 balance. In addition, I am an AU on my mother's 29 year-old AMEX Gold card. I signed up using an add-on membership of an Executive Costco account that dates back 10 years.
Congrats on the Amex! I think it's a cool card -- can't wait to get mine in the mail.
From what I've been told, they definitely take into account your history with Costco -- not so much how much you spend, but the length of your m'ship. So, it undoubtedly helped that you apped on a 10-year old Cosco acct.
02-25-2012 07:37 PM
With all of the AMEX Costco talk, I had to go out and get myself one today. Pox on you all! I'd never been in a Costco before, and I was amazed at what they offer, although I have no idea what I would do with such massive quantities of food, or a bottle of 2000 Advil. The application process was done in about two minutes, and I found myself jockeying for position with about 5000 other people with a shopping cart the size of a small station wagon, which I couldn't come close to filling. I did buy a small TV for my home office however (I was looking to do this anyway).
Welcome! I LOVE Costco! I do nearly all of my shopping between Costco and TJ's.
So, you joined Costco and got the Amex all on the same day? Wow! You'll be surprised at how much you can save by shopping there.
02-25-2012 08:15 PM
You have to be a member of Costco to get the card, so I would think that it would be canceled. If you're planning on not renewing your Costco m'ship, I'd PC to a different Amex first.
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.