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Costco Amex Drama - my impulsive action!

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DigitalArk
Valued Contributor

Re: Costco Amex Drama - my impulsive action!

Man, you guys are awesome! Smiley Very Happy
Message 81 of 94
bribro
Valued Contributor

Re: Costco Amex Drama - my impulsive action!

Congrats OP, you dodged a bullet. Smiley Happy

 

So the AmEx Costco has the exact same CLI policies (61 days, then every six months)? My friend with a Costco AmEx said it's different.

TU FICO: 800 (2/1/14) | CK Score: 802 (2/1/14) | CS Score: 805 (2/1/14)

J.P. Morgan Palladium ($250k) | AmEx Platinum (NPSL) | AmEx SPG Personal/Business ($50k/$50k) | Citi Executive AAdvantage WEMC ($50k) | Citi Dividend WEMC ($50k) | Chase Sapphire Preferred VS ($50k) | Chase Ink Bold WEMC ($50k Flex) | Chase Ink Plus WEMC ($25k) | Chase Freedom VS ($25k) | Chase Freedom WMC ($25k) | Chase MileagePlus Explorer ($25k) | Chase Southwest RR Plus Business/Personal ($15k/$15k) | Barclays US Airways ($25k) | Barclays Hawaiian Airlines ($25k) | BofA Alaska Airlines ($10k) | Lexus Financial Services ($30k) | Mercedes-Benz Financial Services ($50k)
Message 82 of 94
noober0x
Established Member

Re: Costco Amex Drama - my impulsive action!


@bribro wrote:

Congrats OP, you dodged a bullet. Smiley Happy

 

So the AmEx Costco has the exact same CLI policies (61 days, then every six months)? My friend with a Costco AmEx said it's different.


Yup, same standard policy.  They also do auto CLIs but that's not so common.  Just remember it's the 3x rule.  181 days for a CLI is the technical answer.

Chase Sapphire Preferred - $18,000; Chase Freedom - $4,500; Chase Amazon - $3,000; Chase Ink Bold - NPSL; Amex Plum - NPSL; Amex True Earnings - $30,000; eBay Mastercard - $1,500; Capital One Platinum - $500; Logix Platinum Rewards - $15,000
Message 83 of 94
myjourney
Super Contributor

Re: Costco Amex Drama - my impulsive action!

So happy it worked out in your favor Yay

And you won't forget to ask question again right? Smiley Wink Lol

In 61 days ask for an CLI to 24,900

Before you app think...
Have you done your research of the CC?
Does it fit your spending?
Do you have a plan for the bonus w/o going into debt?
Can you afford the AF?
Do you know the cards benefits? Is it worth the HP?
Message 84 of 94
takeshi74
Senior Contributor

Re: Costco Amex Drama - my impulsive action!


@DigitalArk wrote:
When should I ask for 3x CLI?

Read the 3X CLI thread.

 

+1 for the don't make impulsive decisions (opening, closing or anything else) recommendation.  Think it through and ask for feedback.

 


@kilj0y wrote:
Having an Amex is always a good idea unless you cannot afford the AF.

No AF on the TrueEarnings as long as Costco membership is maintained.

Message 85 of 94
DigitalArk
Valued Contributor

Re: Costco Amex Drama - my impulsive action!

You all are so helpful and wonderful. I will never forget to ask first, because I know I will get a lot of help here in MyFICO community! You guys rock!
Message 86 of 94
lg8302ch
Senior Contributor

Re: Costco Amex Drama - my impulsive action!

Congrats on the decison to take it back Smiley Happy

 

 

 

 

 

 

 

 

 

Message 87 of 94
DigitalArk
Valued Contributor

Re: Costco Amex Drama - my impulsive action!


@lg8302ch wrote:

Congrats on the decison to take it back Smiley Happy


Thank you!

Message 88 of 94
DigitalArk
Valued Contributor

Re: Costco Amex Drama - my impulsive action!


@myjourney wrote:
...

Good luck and best wishes I have my fingers crossed for youSmiley Wink


Smiley Very Happy Thank you!

Message 89 of 94
DigitalArk
Valued Contributor

Re: Costco Amex Drama - my impulsive action!


@myjourney wrote:

So happy it worked out in your favor Yay

And you won't forget to ask question again right? Smiley Wink Lol

In 61 days ask for an CLI to 24,900


How come have to be less than 25,000? May I ask for 30,000? Smiley Surprised

Message 90 of 94
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