Citi Costco Card Backdating?

Discuss the Visa & MasterCard payment networks as well as cards that operate through them.
17 posts
darkguy2
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Re: Citi Costco Card Backdating?

Postby darkguy2 » Wed Oct 21, 2015 10:10 pm

That is going to suck then. I may opt for a just the regular membership. I am looking to buy a car and refinance my student loans in the next year and cannot afford to take a hit on AAoA. I just hit 2 years. Not like I do not have other options to pay then. I will keep my TE open as long as I can. I doubt I will get another Amex anytime soon.
Discover IT - $5,700
Chase Freedom - $5,700
Costco Citi - $13,000
Sallie Mae - $4,000
Chase Sapphire Preferred - $6,000
Chase Sapphire Reserve - $19,500
Citi Double Cash - $6,500
Amex BCE - $13,000

FICOs: Discover (777), SallieMae (764), Amex (767), Citi (772)
FAKOs: CK- TU (760), EQ (760)


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CarefulBuilder14
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Re: Citi Costco Card Backdating?

Postby CarefulBuilder14 » Wed Oct 21, 2015 11:02 pm

darkguy2 wrote:That is going to suck then. I may opt for a just the regular membership. I am looking to buy a car and refinance my student loans in the next year and cannot afford to take a hit on AAoA. I just hit 2 years. Not like I do not have other options to pay then. I will keep my TE open as long as I can. I doubt I will get another Amex anytime soon.

What do you do with URs? I doubt Citi will be able to offer much more than 2% cash back on warehouse purchases, and getting 2 cpp in value is reasonable for Hyatt and United.

Amex may end up PCing TE people to BCE, anyway.
Love: IHG, Platinum, Sallie Mae, AA Plat, CSP
Like: Discover, ED, BCE, Hyatt, Arrival, Freedom
Might drop: BrooksBros, Prestige (Costco PC?)
Might add: Proper business card, CSR, Ritz, Delta Gold
Letting new accounts cool off since May
Really not sure what I'll add next or when

darkguy2
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Posts: 607
Joined: Thu Jan 24, 2013 12:24 am
Location: United States

Re: Citi Costco Card Backdating?

Postby darkguy2 » Fri Oct 23, 2015 9:31 pm

I pretty much use UR points for Southwest flights. Though I am not sure the next time I will use them.
Discover IT - $5,700
Chase Freedom - $5,700
Costco Citi - $13,000
Sallie Mae - $4,000
Chase Sapphire Preferred - $6,000
Chase Sapphire Reserve - $19,500
Citi Double Cash - $6,500
Amex BCE - $13,000

FICOs: Discover (777), SallieMae (764), Amex (767), Citi (772)
FAKOs: CK- TU (760), EQ (760)

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CarefulBuilder14
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Re: Citi Costco Card Backdating?

Postby CarefulBuilder14 » Thu Oct 29, 2015 2:51 pm

It looks like there will be no change in the reward structure.

http://www.sec.gov/Archives/edgar/data/909832/000090983215000012/costex10110qa51015.htm

See: Schedule 4.06(a) or just search for "restaurants".


ETA: This link is older than I realized. The details may have changed.
Love: IHG, Platinum, Sallie Mae, AA Plat, CSP
Like: Discover, ED, BCE, Hyatt, Arrival, Freedom
Might drop: BrooksBros, Prestige (Costco PC?)
Might add: Proper business card, CSR, Ritz, Delta Gold
Letting new accounts cool off since May
Really not sure what I'll add next or when

darkguy2
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Posts: 607
Joined: Thu Jan 24, 2013 12:24 am
Location: United States

Re: Citi Costco Card Backdating?

Postby darkguy2 » Wed Oct 05, 2016 2:12 pm

Looking at my accounts it looks like it did backdate to when my Costco Amex was opened.
Discover IT - $5,700
Chase Freedom - $5,700
Costco Citi - $13,000
Sallie Mae - $4,000
Chase Sapphire Preferred - $6,000
Chase Sapphire Reserve - $19,500
Citi Double Cash - $6,500
Amex BCE - $13,000

FICOs: Discover (777), SallieMae (764), Amex (767), Citi (772)
FAKOs: CK- TU (760), EQ (760)

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CarefulBuilder14
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Re: Citi Costco Card Backdating?

Postby CarefulBuilder14 » Wed Oct 05, 2016 2:39 pm

darkguy2 wrote:Looking at my accounts it looks like it did backdate to when my Costco Amex was opened.

Is there a separate closed account listed for the Costco Amex? If not, then it doesn't sound like backdating, just the correct opening date of an account Amex sold to Citi.
Love: IHG, Platinum, Sallie Mae, AA Plat, CSP
Like: Discover, ED, BCE, Hyatt, Arrival, Freedom
Might drop: BrooksBros, Prestige (Costco PC?)
Might add: Proper business card, CSR, Ritz, Delta Gold
Letting new accounts cool off since May
Really not sure what I'll add next or when

darkguy2
Centurion Member
Centurion Member
 
Posts: 607
Joined: Thu Jan 24, 2013 12:24 am
Location: United States

Re: Citi Costco Card Backdating?

Postby darkguy2 » Thu Oct 06, 2016 6:55 am

Yes, it shows my old Amex closed.
Discover IT - $5,700
Chase Freedom - $5,700
Costco Citi - $13,000
Sallie Mae - $4,000
Chase Sapphire Preferred - $6,000
Chase Sapphire Reserve - $19,500
Citi Double Cash - $6,500
Amex BCE - $13,000

FICOs: Discover (777), SallieMae (764), Amex (767), Citi (772)
FAKOs: CK- TU (760), EQ (760)



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