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Valued Contributor
DigitalArk
Posts: 1,192
Registered: ‎07-07-2013
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Re: Costco Amex Drama - my impulsive action!

[ Edited ]
Man, you guys are awesome! :smileyvery-happy:

Valued Contributor
bribro
Posts: 1,367
Registered: ‎04-20-2012
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Re: Costco Amex Drama - my impulsive action!

Congrats OP, you dodged a bullet. :smileyhappy:

 

So the AmEx Costco has the exact same CLI policies (61 days, then every six months)? My friend with a Costco AmEx said it's different.

TU FICO: 800 (2/1/14) | CK Score: 802 (2/1/14) | CS Score: 805 (2/1/14)

J.P. Morgan Palladium ($250k) | AmEx Platinum (NPSL) | AmEx SPG Personal/Business ($50k/$50k) | Citi Executive AAdvantage WEMC ($50k) | Citi Dividend WEMC ($50k) | Chase Sapphire Preferred VS ($50k) | Chase Ink Bold WEMC ($50k Flex) | Chase Ink Plus WEMC ($25k) | Chase Freedom VS ($25k) | Chase Freedom WMC ($25k) | Chase MileagePlus Explorer ($25k) | Chase Southwest RR Plus Business/Personal ($15k/$15k) | Barclays US Airways ($25k) | Barclays Hawaiian Airlines ($25k) | BofA Alaska Airlines ($10k) | Lexus Financial Services ($30k) | Mercedes-Benz Financial Services ($50k)
Established Member
noober0x
Posts: 20
Registered: ‎06-11-2013
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Re: Costco Amex Drama - my impulsive action!


bribro wrote:

Congrats OP, you dodged a bullet. :smileyhappy:

 

So the AmEx Costco has the exact same CLI policies (61 days, then every six months)? My friend with a Costco AmEx said it's different.


Yup, same standard policy.  They also do auto CLIs but that's not so common.  Just remember it's the 3x rule.  181 days for a CLI is the technical answer.

Chase Sapphire Preferred - $18,000; Chase Freedom - $4,500; Chase Amazon - $3,000; Chase Ink Bold - NPSL; Amex Plum - NPSL; Amex True Earnings - $30,000; eBay Mastercard - $1,500; Capital One Platinum - $500; Logix Platinum Rewards - $15,000
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myjourney
Posts: 26,620
Registered: ‎02-07-2013
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Re: Costco Amex Drama - my impulsive action!

So happy it worked out in your favor Yay

And you won't forget to ask question again right? :smileywink: Lol

In 61 days ask for an CLI to 24,900

"Intelligence plus character--that is the goal of true education"
Last 5 apps 6/6/13


Valued Contributor
takeshi74
Posts: 2,803
Registered: ‎06-05-2013
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Re: Costco Amex Drama - my impulsive action!

[ Edited ]

DigitalArk wrote:
When should I ask for 3x CLI?

Read the 3X CLI thread.

 

+1 for the don't make impulsive decisions (opening, closing or anything else) recommendation.  Think it through and ask for feedback.

 


kilj0y wrote:
Having an Amex is always a good idea unless you cannot afford the AF.

No AF on the TrueEarnings as long as Costco membership is maintained.

Valued Contributor
DigitalArk
Posts: 1,192
Registered: ‎07-07-2013
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Re: Costco Amex Drama - my impulsive action!

You all are so helpful and wonderful. I will never forget to ask first, because I know I will get a lot of help here in MyFICO community! You guys rock!

Valued Contributor
lg8302ch
Posts: 2,795
Registered: ‎11-13-2012
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Re: Costco Amex Drama - my impulsive action!

Congrats on the decison to take it back :smileyhappy:

 

 

 

 

 

 

 

 

 

FICO® EQ 788 (as of today) - TU 767 (09/28) * Fako EX 789 (09/02 - CS) * last app 06/01/14 * INQ last 2 yrs TU: 5, EX: 7, EQ: 7


Move the mouse over the cards for detailed view!..................................................................* Silver Spade Garden Club member *

Valued Contributor
DigitalArk
Posts: 1,192
Registered: ‎07-07-2013
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Re: Costco Amex Drama - my impulsive action!


lg8302ch wrote:

Congrats on the decison to take it back :smileyhappy:


Thank you!


Valued Contributor
DigitalArk
Posts: 1,192
Registered: ‎07-07-2013
0

Re: Costco Amex Drama - my impulsive action!


myjourney wrote:
...

Good luck and best wishes I have my fingers crossed for you:smileywink:


:smileyvery-happy: Thank you!


Valued Contributor
DigitalArk
Posts: 1,192
Registered: ‎07-07-2013
0

Re: Costco Amex Drama - my impulsive action!


myjourney wrote:

So happy it worked out in your favor Yay

And you won't forget to ask question again right? :smileywink: Lol

In 61 days ask for an CLI to 24,900


How come have to be less than 25,000? May I ask for 30,000? :smileysurprised:



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