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Regular Contributor
randaljon
Posts: 229
Registered: ‎02-15-2011

Costco AMEX

I was approved for the Costco Amercian Express card and it came in the mail. There is no credit limit listed. How will this report to the credit reporting agencies?


Starting Scores(Jan/2011): EQ 564 TU 538 EXP 576
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Valued Contributor
Repo-ed
Posts: 2,953
Registered: ‎02-09-2012

Re: Costco AMEX


randaljon wrote:

I was approved for the Costco Amercian Express card and it came in the mail. There is no credit limit listed. How will this report to the credit reporting agencies?


You might have to log in to your account online, to view the limit.

 

Or does the paperwork state "No Preset Spending Limit"?

Moderator
pizzadude
Posts: 8,544
Registered: ‎01-28-2010

Re: Costco AMEX

 

The Costco AMEX is definately a credit card, not a charge card.   Perhaps there is another letter on the way with your CL.   Also as mentioned once you setup your account it should show you the CL.

March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
Frequent Contributor
GST2008
Posts: 443
Registered: ‎03-22-2008

Re: Costco AMEX


randaljon wrote:

I was approved for the Costco Amercian Express card and it came in the mail. There is no credit limit listed. How will this report to the credit reporting agencies?


Congrats on the new card!  I Costco and AMEX are both great!  I would consider getting one for myself, but being single, I never purchase enough stuff in there to make it worth my time ... also I only go in infrequently b/c of the lines lol.  That place is always so busy!


Current:
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Frequent Contributor
BigDaddy18
Posts: 673
Registered: ‎04-23-2009

Re: Costco AMEX

Costco AmEx Rocks, I love mine and always get money back every year.  You just log onto your account to check your limit. 


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Super Contributor
CS800
Posts: 6,547
Registered: ‎04-07-2008

Re: Costco AMEX

Wish there was a costco around here. Only BJ's




Regular Contributor
Quips
Posts: 157
Registered: ‎03-05-2012

Re: Costco AMEX

Congrats on the CostCo card - I have it and love it - especially the cash back on restaurants. The card does report to the CRAs as a credit card with your CL - you should be able to view your CL online or call cust service to find out.

FICO: EQ 769, TU 762 , EX ???

Frequent Contributor
BigDaddy18
Posts: 673
Registered: ‎04-23-2009

Re: Costco AMEX


CS800 wrote:

Wish there was a costco around here. Only BJ's



I dont' even know what that is, I know the only competition Costco has I think is Sam's Club? 

 

You should write your congress man/woman!!

 

:smileyhappy:


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