Another Amex Costco TE question...

[-Cain-]

How much does Costco membership history factor into this card's approval rate? I've been a member for 3 years plus, but credit history is rather short. CCs are fairly new and  I have a two year old auto loan, always on time. I do have one 5 year old baddie that I'm working on, a CA from a tow company that hasn't updated since they added it in 2007.

[Creditaddict]

I don't think Membership history is a factor at all.

[-Cain-]

Really? I thought I had read somewhere it did. I can't remember where though. I thought it said something about them reviewing purchase history with Costco.

[UFGuy2006]

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@Creditaddict wrote:

I don't think Membership history is a factor at all.

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+1. I thought Amex only validates your membership with Costco.

[Anonymous]

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@Creditaddict wrote:

I don't think Membership history is a factor at all.

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Indeed, no factor for approval at all. It might play a role in determining your CL, but I have no evidence for this being the case.