topic Costco Amex! in Credit Cards

Costco Amex!

USC08 — Fri, 04 Jul 2008 01:00:02 GMT

is it better to apply in person or online?

Re: Costco Amex!

haulingthescoreup — Fri, 04 Jul 2008 01:30:05 GMT

You should be aware that this is a really, really, (really, really, really) difficult card to get.

If you want to get in with AmEx, and your history is kind of short, and you don't have a burning need to carry balances, take a look at one of their charge cards. I have the Gold Rewards Plus, no fee the first year. They have a chance to get familiar with you and have group hugs all around. They offered me the option to carry balances after 3 months (ummm, no thanks), so they apparently trust me a little.

With AmEx, you can apply for additional cards in subsequent years, and (if you get them) they will show the month that you applied, but the year that you got your very first AmEx. So if you got a Gold (or Green) card now, app'd for Blue or whatever next January and got it, it would show an opening date of January 2008 instead of Jan 2009, saving you the new account ding. Then cancel the charge card before you have to pay a fee.

That's my plan --Blue and/or HHonors in January, then cancel the Gold in late Feb before the membership fee hits.

Re: Costco Amex!

Anonymous — Fri, 04 Jul 2008 02:18:10 GMT

haulingthescoreup wrote:
You should be aware that this is a really, really, (really, really, really) difficult card to get.

Yep, AND...

...they supposedly look at your shopping history at Costco when deciding whether they will approve you! You really want to be a Costco member and frequent shopper before you apply for this card.

Re: Costco Amex!

jaysdad2k — Fri, 04 Jul 2008 18:27:22 GMT

Suddenly I feel really fortunate that I got this card after only one year with Costco and one month with the Amex Gold. And I guess I should not complain about the $2,000 initial CL.