topic Re: Amex Member Since Date based on Costco Membership Date in Credit Cards

Amex Member Since Date based on Costco Membership Date

jaysdad2k — Mon, 26 Oct 2009 02:39:02 GMT

This was bugging me for a while, so I did the unthinkable. I called Amex. The CSR told me that the although my Costco Membership began in 2007, my first Amex card (the Gold, now Platinum) was activated in May 2008, and therefore that is my Member Since date. Neither that card nor the True Earnings which was activated in June 2008 will get backdated to 2007.

I know at least one person said on here they got their TE card backdated, but that is what the CSR told me last week.

While we were on the phone I asked about the "no set limit." I told him that I had never gone over 1,000 bucks in any one month, but is the limit per month, per transaction? He then said, "I just put in a crazy amount, $10,000 and it went through just fine." I told him when my next CD goes Platinum, I may charge that much at a time.

The funny thing was a few days before, Capital One's CSR was telling me that "We're a very conservative lender" as the reason that they would not raise my $800 Capital One card. So Amex will let me charge 10 Grand, and pay them in 30 days, but Cap One won't let me revolve more that $800? Of course, Amex doesn't want me to charge more than $2,000 on my TE card, either.

That was my experience.

YMMV!

Message Edited by jaysdad2k on 10-25-2009 10:39 PM

Re: Amex Member Since Date based on Costco Membership Date

cobaltnv — Mon, 26 Oct 2009 03:52:49 GMT

AMEX will backdate your card to a previously held AMEX account. For example I opened an AMEX card back in 1993 (closed in 2000). When I opened my Costco AMEX in 2008 I got it backdated to 1993. My account was not backdated to 2006-the date of my costco membership.

I would be shocked to see amex backdate to a costco membership date. My guess is that any reports of that happening are either mistaken or have some unusual aspects we do not know about.

Cheers

Re: Amex Member Since Date based on Costco Membership Date

haulingthescoreup — Mon, 26 Oct 2009 11:09:02 GMT

It could also happen just because the CSR didn't know better...

Re: Amex Member Since Date based on Costco Membership Date

plasticguy — Mon, 26 Oct 2009 11:36:38 GMT

Somewhat related; I had the green card back in 1987. I defaulted and wasn't given a card until Jan 2007 which was the blue. My reports now say the account was open in 1987. We all know blue wasn't around then. So when i sign on to Amex it says " Welcome_______ Member since 1987

Re: Amex Member Since Date based on Costco Membership Date

Anonymous — Mon, 26 Oct 2009 13:50:05 GMT

My AMEX Costco card was backdated to my Costco membership date. I had been an AMEX Blue Cash member since 10/2007. When I received my Costco card (3/2009) it was backdated to 4/2007 (the date I became a Costco member). So, I think they may backdate to earliest date you became an AMEX member or Costco member, whichever one is longer. If that isn't the case, my card should have said 10/2007 and not 4/2007. Just my thought.

Re: Amex Member Since Date based on Costco Membership Date

cobaltnv — Mon, 26 Oct 2009 19:00:04 GMT

@Anonymous wrote:
My AMEX Costco card was backdated to my Costco membership date. I had been an AMEX Blue Cash member since 10/2007. When I received my Costco card (3/2009) it was backdated to 4/2007 (the date I became a Costco member). So, I think they may backdate to earliest date you became an AMEX member or Costco member, whichever one is longer. If that isn't the case, my card should have said 10/2007 and not 4/2007. Just my thought.

Hi Romeoo47,

That is interesting News. Are you sure you did not receive your costco card 4/2009? I ask because when AMEX backdated my card they backdated to the year of my old AMEX (1993), but kept the month I obtained my costco AMEX (Feb). Basically I got an additional 3 months of age as my old AMEX was opened 5/1993 and my "new" amex was reaged to 2/1993.

Re: Amex Member Since Date based on Costco Membership Date

manyquestions — Mon, 26 Oct 2009 19:16:03 GMT

@cobaltnv wrote:
@Anonymous wrote:
My AMEX Costco card was backdated to my Costco membership date. I had been an AMEX Blue Cash member since 10/2007. When I received my Costco card (3/2009) it was backdated to 4/2007 (the date I became a Costco member). So, I think they may backdate to earliest date you became an AMEX member or Costco member, whichever one is longer. If that isn't the case, my card should have said 10/2007 and not 4/2007. Just my thought.
Hi Romeoo47,
That is interesting News. Are you sure you did not receive your costco card 4/2009? I ask because when AMEX backdated my card they backdated to the year of my old AMEX (1993), but kept the month I obtained my costco AMEX (Feb). Basically I got an additional 3 months of age as my old AMEX was opened 5/1993 and my "new" amex was reaged to 2/1993.

When AMEX backdates, they use the current month and the year of original membership. So for example, if a person got their original AMEX in 12/2000 and they applied for an AMEX Costco card in 1/2009, their costco would have a member since date of 1/2000. The date is earlier than the actual original membership. That's the way they normally do it.

Re: Amex Member Since Date based on Costco Membership Date

Anonymous — Mon, 26 Oct 2009 20:00:23 GMT

cobaltnv, you are right. the inquiry for the amex costco shows up on 4/2009. However, I have been a Costco member since 4/2007. So it was basically the same month as my Costco membership.

Re: Amex Member Since Date based on Costco Membership Date

haulingthescoreup — Mon, 26 Oct 2009 22:03:41 GMT

That explains it, then. Same year of membership for both AmEx and CostCo, plus their use of the current month: that explains why it looks like they used the Costco date.

Re: Amex Member Since Date based on Costco Membership Date

Anonymous — Thu, 05 Nov 2009 04:33:37 GMT

@cobaltnv wrote:
AMEX will backdate your card to a previously held AMEX account. For example I opened an AMEX card back in 1993 (closed in 2000). When I opened my Costco AMEX in 2008 I got it backdated to 1993. My account was not backdated to 2006-the date of my costco membership.

I would be shocked to see amex backdate to a costco membership date. My guess is that any reports of that happening are either mistaken or have some unusual aspects we do not know about.

Cheers

As would I, but I sure wont dispute it IF it happens! I'm the guinea pig. I've been a Costco member since 1992. I applied in-store today, was immediately approved for 7500 and issued a paper "temporary" Amex CC. I've never had an Amex CC so this is a good test.

I'll report back when I get the real card. (7 - 10 days)

D-R

Re: Amex Member Since Date based on Costco Membership Date

cobaltnv — Thu, 05 Nov 2009 05:28:10 GMT

Congrats on the approval. I love my Costco AMEX I am sure you will as well.

Cheers

Re: Amex Member Since Date based on Costco Membership Date

Anonymous — Thu, 05 Nov 2009 09:27:09 GMT

Congrats on getting this card. I was recently approved for one as well, and so far, I like it a whole lot! I can definitively say, though, that Amex did NOT backdate my card to my Costco membership date in 2001.

Re: Amex Member Since Date based on Costco Membership Date

Anonymous — Sat, 02 Jan 2010 23:32:04 GMT

@Anonymous wrote:
@cobaltnv wrote:
AMEX will backdate your card to a previously held AMEX account. For example I opened an AMEX card back in 1993 (closed in 2000). When I opened my Costco AMEX in 2008 I got it backdated to 1993. My account was not backdated to 2006-the date of my costco membership.

I would be shocked to see amex backdate to a costco membership date. My guess is that any reports of that happening are either mistaken or have some unusual aspects we do not know about.

Cheers
As would I, but I sure wont dispute it IF it happens! I'm the guinea pig. I've been a Costco member since 1992. I applied in-store today, was immediately approved for 7500 and issued a paper "temporary" Amex CC. I've never had an Amex CC so this is a good test.

I'll report back when I get the real card. (7 - 10 days)

D-R

Well, you were right cobalt! I've been remiss in reporting, (been a little bit busy) NO, the card was NOT dated with my Costco membership date. 11/09

The 7500 CL was a stifler as I've had to pay it off twice to keep from going over limit. (Just completed a remodel.) It finally showed up on EX yesterday and hits the 60 day mark on the 4th of January at which time I'll be requesting a CLI again. I was turned down by CSR and got a letter explaining their 60 day policy for new accounts. On the good side, it's already paid for itself in rewards! (construction material isn't cheap! )

D-R