Does Banks reports AIS on FD based Secured Credit Cards? - Query

[Moulidharan]

I am 19 years old.I have hdfc credit card with limit of 50000 in my name.I took od against FD and took the od money and i don't know how to repay the od against FD.I started using that savings account after 3 months and it was reported in my cibil as delayed payment of 2 months by 91 days.

So,to upgrade my limit in credit cards,can I get a secured credit card whcih is having a good reward rate let's say here Indusind Pinnacle which is given for limit of 2 lakh.If I spend more than 10 lakhs using that card,will that be reported to AIS?

If reported,how can I solve ?

Does this help to increase limit in hdfc credit card and for applying another credit cards?

 

[Channakya]

I am 19 years old.I have hdfc credit card with limit of 50000 in my name.I took od against FD and took the od money and i don't know how to repay the od against FD.I started using that savings account after 3 months and it was reported in my cibil as delayed payment of 2 months by 91 days.

So,to upgrade my limit in credit cards,can I get a secured credit card whcih is having a good reward rate let's say here Indusind Pinnacle which is given for limit of 2 lakh.If I spend more than 10 lakhs using that card,will that be reported to AIS?

If reported,how can I solve ?

Does this help to increase limit in hdfc credit card and for applying another credit cards?

You can’t hide , your credit card spends from AIS, it will automatically reflect in your AIS, I think there is a way, but I have not tried it. You cannot apply for add-on card and do the remaining transactions from it. as they add on card requires the details of PAN card, so I guess the transactions made from is reported in AIS of add on card holder

 

[Dragon_slayer]

If you spend more than 10L from one bank card, then it will definitely be reported.

The question is why are you spending 10L when you dont have any income?

 

[Moulidharan]

If you spend more than 10L from one bank card, then it will definitely be reported.

The question is why are you spending 10L when you dont have any income?

It is like rotations