Info on Banks that reports Add-On credit card accounts to CIBIL.

[chacks18]

I recently read somewhere that CITI and ICICI reports their Add-On card accounts to CIBIL.
Since CITI has stopped sourcing add-on cards, And I'm not 100% sure about ICICI - Any alternate options for the same?
Also I wanted to know if it actually works to build credit history and generate CIBIL score to ones with no previous credit records.
What will be the Account type in the reported account in CIBIL for Add-On card?

 

[BlueFlash]

Add on cards are reported to Cibil of primary card holders

Not all... there are some banks (mostly international ones) that report add-on card on the one who's holding that card, and not the primary holder. This helps build credit profile for the add-on guy. HSBC and Amex do that (confirmed). Citi and SC needs confirmation.
@chacks18

 

[chacks18]

@anirbanm I've never seen any add-on credit card accounts in primary holder's CIBIL.

@BlueFlash Thanks, I'll try with HSBC and AMEX.
AMEX has stopped issuing new cards, add-on cards also included in that ban?
And further, If you could just help with the type of account that is reflected in CIBIL of add-on holder?

Also, If primary holder's utilizations & payment delays going to affect add-on holder's credit score?

 

[Akashgod]

I have hdfc addon since 4 months and it's not reported to cibil. Further delayed payments of primary will certainly affect add on cibil if card us shown

 

[fatehbajwa]

I too was looking for n answer to this.
So far I can confirm that Citi and ICICI show "Authorized User" on the add on card holders CIBIL.
They also show the actual limit and highest credit used by the add on card holder.

Has anyone been able to find about any other bank doing the same?

 

[chacks18]

I too was looking for n answer to this.
So far I can confirm that Citi and ICICI show "Authorized User" on the add on card holders CIBIL.
They also show the actual limit and highest credit used by the add on card holder.

Has anyone been able to find about any other bank doing the same?

So Type of account is "authorized user" in CIBIL, right?

 

[fatehbajwa]

So Type of account is "authorized user" in CIBIL, right?

Yes.....like this.

 

[fatehbajwa]

ICICI also reports add on to Cibil?

See the post above yours.

 

[Nick]

I too was looking for n answer to this.
So far I can confirm that Citi and ICICI show "Authorized User" on the add on card holders CIBIL.
They also show the actual limit and highest credit used by the add on card holder.

Has anyone been able to find about any other bank doing the same?

HSBC does, Amex doesn't. My parents have both Amex and HSBC add-on accounts in their credit report. However, only HSBC reports all credit details.

 

[Nick]

What does Amex

This is what amex reports 😂

 

[Credit Karma]

Does ICICI report Add-on card to other bureaus excluding cibil?
Can there be any major issue or difference if one has a add on credit card from ICICI in their CIBIL or/and other bureau?
And closing such cards will this affect one's credit score in long run?
Which one's better? Add-on or sole owner of CC for starting out?

Yes.....like this.

 

[Bob78900]

Yes.....like this.

If I'll get add-on card from my father will this card show in my credit report also and help me to build my score?

 

[Bob78900]

Not all... there are some banks (mostly international ones) that report add-on card on the one who's holding that card, and not the primary holder. This helps build credit profile for the add-on guy. HSBC and Amex do that (confirmed). Citi and SC needs confirmation.
@chacks18

@007 what about this?

 

[007]

If I'll get add-on card from my father will this card show in my credit report also and help me to build my score?

@TechnoFino @Subhankar Please clarify this!

 

[Subhankar]

If I'll get add-on card from my father will this card show in my credit report also and help me to build my score?

Not applicable for all the banks. For Citi, they do report add-on cards to the add-on card holder's CIBIL

 

[007]

Not applicable for all the banks. For Citi, they do report add-on cards to the add-on card holder's CIBIL

So, will it help build credit score of the person holding the add-on card? 🤔

 

[Bob78900]

Not applicable for all the banks. For Citi, they do report add-on cards to the add-on card holder's CIBIL

What about hsbc ?

 

[Subhankar]

So, will it help build credit score of the person holding the add-on card? 🤔

Yes

 

[Subhankar]

What about hsbc ?

Not sure of. @TechnoFino ?

 

[Bob78900]

Yes

Wow this is nice. Brother if you know some major banks who reports cc to addon user kindly mention them.