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Cap One Costco

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Anonymous
Not applicable

Cap One Costco

Can you apply for the cap one Costco in the US?

Message 1 of 14
13 REPLIES 13
Pway
Valued Contributor

Re: Cap One Costco

The costco card in the U.S. is still backed by american express.

Thank you for the wealth of knowledge I have learned from these forums. I am logging off as of November 9, 2022. I wish everyone great success.
Message 2 of 14
Skye12329
Valued Contributor

Re: Cap One Costco

I wonder if They will just transfer the accounts. Like when Citi bought BBY from cap1
BK7 - 2/21
Cap1 QS - 2k (4/21)
Mission Lane - 4k (11/21)
Venmo - 900 (11/21)
SavorOne - 2500 (12/21)
VentureOne - 2000 (7/22)
Message 3 of 14
Anonymous
Not applicable

Re: Cap One Costco

I wonder what will happen to our TrueEarning. Do you think they will start charging AF? They were trying to negotiate with Mastercard Inc too. Well I hope if they do Cap1 it has the capability to excep any kind of Cap1 CC just like with Amex.

Message 4 of 14
Imperfectfuture
Super Contributor

Re: Cap One Costco

The street predictions are discover.

The processing network and the card company are separated. So MasterCard or visa could do the processing, but any cc company could get the cards. This includes chase, discover, citi, Barclays, etc.
Signature needs updating
Message 5 of 14
Anonymous
Not applicable

Re: Cap One Costco

WORDDDDDDD ..no

Message 6 of 14
Stralem
Established Contributor

Re: Cap One Costco

I don't know how I would feel about them going with Discover.

 

On the one hand, I would get more use out of their card. Right now I'm just parking a 0% balance on mine.

 

But on the other... eh. I'm pretty much over rotating category cards. I have more important things to fret over.

I Have Way Too Many of These.

American Express - No CLI or Appreciation Gift in 7 Years

Citibank - Handing Out Credit Limits Like Candy

Chase - Surprisingly, Still Tolerating My Credit-Chasing Ways

Bank of America - My Newest Bae.

Everyone Else.
Message 7 of 14
B335is
Moderator Emeritus

Re: Cap One Costco

Cap1 already has the super secret Business card. I think Ron1 has it.
Message 8 of 14
FinStar
Moderator Emeritus

Re: Cap One Costco


@Pway wrote:

The costco card in the U.S. is still backed by american express.


Technically, no.  By a major processing network (V, MC, AX, D), yes.  However, Capital One does offer the "retail" version of the Costco card.  And, no this is not the Canadian version.

 

https://www.hrsaccount.com/hrs/ecare?cmd_Redirect=Home&acctOrg=204&logoCode=000&chkCk=check

 

http://www.capitalone.com/media/doc/credit-cards/Credit-Card-Agreement-for-Costco-Cards-in-Capital-O...

Message 9 of 14
FinStar
Moderator Emeritus

Re: Cap One Costco


@B335is wrote:
Cap1 already has the super secret Business card. I think Ron1 has it.

Exactly, you can apply for it at Costco but you have to let the associates know it's not the TE, but rather the retail version.  I know of a couple individuals that have the non-AMEX TE version.

Message 10 of 14
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