Credit Cards

[randaljon]

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?

[Repo-ed]

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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?

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

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

[pizzadude]

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.

[GST2008]

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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?

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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!

[BigDaddy18]

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

[CS800]

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

[Quips]

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.

[BigDaddy18]

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CS800 wrote:

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

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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!!