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Costco True Earnings Approved

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Anonymous
Not applicable

Costco True Earnings Approved

Well I decided to bite the bullet at work yesterday morning and I applied for the Costco True Earnings AMEX before my reports updated I applied last month on 04/02 and was denied for high balances however I had paid off my macy's but since my report hadn't updated the zero balance I knew I exactly why.

 

In April I took advantage of a chase blank check to advance some money into my Savings account.Give my SWA some usage as I'm not gonna be taking any summer trips this year. I didn't want want an updated report to show my high balance on my chase card because I'd get denied again. So I knew 31 was my magic number to make it happen 05/03/2013. BOOM! Approved 2k Limit to start!!! I wish you all would I have seen me. I work in a cubicle environment and I stood up when I got the approval message and I jump up out my seat and Jersey Shore Fist pumped it, lol.

 

I was gonna wait until Jan 1 for maximum backdating(Zync holder since Aug 2010) but I know that around the holidays I have utilization on a lot of cards. I had applied 4 times in the past and was always declined. Feels good to finally come through. In the garden I go indefinitely.

 

I hope 61 is as magical as 31. If 61 works I'll have to do the Harlem Shake. Smiley LOL

 

 

Message 1 of 21
20 REPLIES 20
Anonymous
Not applicable

Re: Costco True Earnings Approved

Great card! Congrats!
Message 2 of 21
Anonymous
Not applicable

Re: Costco True Earnings Approved

Congrats!

Roflmao @ Harlem Shake!
Message 3 of 21
Anonymous
Not applicable

Re: Costco True Earnings Approved

Grats!
Message 4 of 21
LS2982
Mega Contributor

Re: Costco True Earnings Approved


@Anonymous wrote:

Well I decided to bite the bullet at work yesterday morning and I applied for the Costco True Earnings AMEX before my reports updated I applied last month on 04/02 and was denied for high balances however I had paid off my macy's but since my report hadn't updated the zero balance I knew I exactly why.

 

In April I took advantage of a chase blank check to advance some money into my Savings account.Give my SWA some usage as I'm not gonna be taking any summer trips this year. I didn't want want an updated report to show my high balance on my chase card because I'd get denied again. So I knew 31 was my magic number to make it happen 05/03/2013. BOOM! Approved 2k Limit to start!!! I wish you all would I have seen me. I work in a cubicle environment and I stood up when I got the approval message and I jump up out my seat and Jersey Shore Fist pumped it, lol.

 

I was gonna wait until Jan 1 for maximum backdating(Zync holder since Aug 2010) but I know that around the holidays I have utilization on a lot of cards. I had applied 4 times in the past and was always declined. Feels good to finally come through. In the garden I go indefinitely.

 

I hope 61 is as magical as 31. If 61 works I'll have to do the Harlem Shake. Smiley LOL

 

 


CONGRATS!!!

 

It is a very good card!!! Smiley Happy




EQ FICO 548 3/3/16
Message 5 of 21
creditnocash
Valued Contributor

Re: Costco True Earnings Approved

congrats! 

 

when you apply, do you do it via amex site?

did you have to wait for verification? (of membership) 



Current: Fico ScoresEQ~706 TU~719 EX 709 4/28/23

Inquiries (24 Months): EQ 0 TU 0 EX 0| Most Recent: A LONG WHILE
Over 12 Months:0


2023 Goals:
Buy A Home
Earn Cash Back

Amex Zync(Unicorn)
Chase Freedom$1500
Discover IT$7,400
Citi DC $10,000
Citizens Mastercard$7,000

Message 6 of 21
NonSufficientFunds
Frequent Contributor

Re: Costco True Earnings Approved


@creditnocash wrote:

congrats! 

 

when you apply, do you do it via amex site?

did you have to wait for verification? (of membership) 


In addition to these questions - I would like to know if it makes any difference if you are already an AmEx charge-card member.

 

If you are an existing member - will they still do a hard-pull ?

 

 

Message 7 of 21
Anonymous
Not applicable

Re: Costco True Earnings Approved

I did it online, instant approval. I'm not sure much has been mentioned on the forums however the standad 10-14 day costco member verification has changed. You now get instant approval/denials and obviously the 7-10 message. I'm assuming after all these years they finally updated their systems to allow them to tap into costco's membership database. What a concept! Smiley Very Happy

Message 8 of 21
creditnocash
Valued Contributor

Re: Costco True Earnings Approved


@Anonymous wrote:

I did it online, instant approval. I'm not sure much has been mentioned on the forums however the standad 10-14 day costco member verification has changed. You now get instant approval/denials and obviously the 7-10 message. I'm assuming after all these years they finally updated their systems to allow them to tap into costco's membership database. What a concept! Smiley Very Happy


cool, thanks for the info. 

almost just had the urge too app on the amex site, but with balances reporting etc... lol, plus thinking of converting my zync but dont want too kill the unicorn just yet. 



Current: Fico ScoresEQ~706 TU~719 EX 709 4/28/23

Inquiries (24 Months): EQ 0 TU 0 EX 0| Most Recent: A LONG WHILE
Over 12 Months:0


2023 Goals:
Buy A Home
Earn Cash Back

Amex Zync(Unicorn)
Chase Freedom$1500
Discover IT$7,400
Citi DC $10,000
Citizens Mastercard$7,000

Message 9 of 21
Anonymous
Not applicable

Re: Costco True Earnings Approved

I 'm an existing amex member. I have had the Amex zync since Aug 2010 (Not sure if I will PC $25.00/annual fee isn't bad even if I only earn 1 MRE point per dollar spent).

 


If you are an existing card member your apply for any amex product and you are denied its a soft pull. Only approvals are Hard Pulls. and IMO totally worth it because your account will automatically update to your original membeship date (AAoA boost). So when I recieve my new costco amex it will have a 08/2010 membership date.

 

Everyone says to establish a charge card membership first because the underwriting is not at stringent as it is with revolvers. From there depending on needs/want people apply for cards there. However just because you get a charge card does not mean you will get any revolver. It took my 4 tries to get the costco amex. Good Luck!

Message 10 of 21
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