Impact of Holding Multiple Credit Cards from One Bank on Your CIBIL Report

[helloworld]

Bank	Number of Accounts in CIBIL
Standard Chartered	1 account for all cards
ICICI	4 accounts: 1 for Amazon, 1 for Gemstone Cards, 1 for Cobranded, 1 for Emeralde
AXIS	Each card has 1 account*
SBI	Each card has 1 account
AMEX	Each card has 1 account
BOB (Bank of Baroda)	Each card has 1 account
HDFC	Each card has 1 account
RBL	Each card has 1 account
INDUSIND	Each card has 1 account
KOTAK	Each card has 1 account
IDFC	2 accounts: 1 for Core Cards (or Linked UPI Cards), 1 for Cobranded
HSBC	Each card has 1 account
YES	Each card has 1 account
AU	Each card has 1 account
CITI (now its AXIS)	Each card has 1 account

Key Notes:​

• Separate Accounts: Multiple cards from the same bank will show as separate accounts in CIBIL, meaning each card has its own credit limit.
  
  Impact: This increases your overall credit limit, reduces ⬇️ credit utilization, but increases ⬆️ potential debt risk in CIBIL's view.
  
  
  
• Axis Bank: Card upgrades usually apply only if cards have the same reward system or through the retention team. Otherwise, each card is reported as a separate account in CIBIL.
  
  
  
• AU Bank: Upgrades often result in a new card with fresh payment history.

Update if any changes in your bank. TIA!

 

[helloworld]

but i guess no problem here as IndusInd has credit limit per CRN, so effectively your credit exposure will remain same ...

they split the limit like other Indus cards?

ex: 10L legend limit will be 5L legend +5L rupay?

If its shared limit then we have a problem but if above math works then no issues.

 

[Hemang]

Bhaiyo mene around 5 months pehle AU zenith cc liya tha, but still abhi bhi cibil me show ni hota au card. Is this happening with all of us or not ?

 

[Obhi]

Update -

Standard Charted - 1 account for all cards
ICICI - 3 accounts (1-Amazon, 1-Gemstone Cards, 1-Cobranded)
AXIS - each card 1 account*
SBI - each card 1 account
AMEX - each card 1 account
BOB - each card 1 account
HDFC - each card 1 account
RBL - each card 1 account
INDUSIND - each card 1 account
KOTAK - each card 1 account
IDFC - 2 accounts (1-Core Cards, 1-Cobranded)
HSBC - each card 1 account
CITI - each card 1 account
YES - each card 1 account
AU - each card 1 account*

Multiple accounts from same bank means Cibil considers all of them have separate limit. This increases ⬆️ overall limit, decreases ⬇️credit utilization and increases⬆️ potential debt (risk) in Cibil report.

* (in Axis mostly) upgrade is possible only if they have same reward system or through retention team, otherwise its always separate card and/or account in CIBIL

* (in AU mostly) upgrade is new card with fresh payment history.

confirm number of accounts reporting in Cibil if you hold multiple cards with them?

TIA.

Amex reports separate CIBIL account entry for add on holders also.

 

[helloworld]

Bhaiyo mene around 5 months pehle AU zenith cc liya tha, but still abhi bhi cibil me show ni hota au card. Is this happening with all of us or not ?

yes, it took me 4 months for me to show up in CIBIL, its common and do not worry, it will show up eventually along with payment history.

 

[helloworld]

Amex reports separate CIBIL account entry for add on holders also.

didn't for me for 3 add-ons. thought so, if any recent observed let me know.. maybe old cards have this, so tried but didn't worked even after 2+ years.

 

[Hemang]

yes, it took me 4 months for me to show up in CIBIL, its common and do not worry, it will show up eventually along with payment history.

Bhai mene to November me liya tha, activated it by setting pin, have not used it yet. Yesterday I downloaded cibil report, usme bhi au bank ka namo nishaa ni tha. Let's see kab aati hai entry.

 

[helloworld]

Bhai mene to November me liya tha, activated it by setting pin, have not used it yet. Yesterday I downloaded cibil report, usme bhi au bank ka namo nishaa ni tha. Let's see kab aati hai entry.

If you didn't spend or not even generated single statement it maynot come until you start using it. So, better use atleast once and get statement.

 

[Hemang]

If you didn't spend or not even generated single statement it maynot come until you start using it. So, better use atleast once and get statement.

Bhai bony krani hai inki but mauka ni mil rha hai. Iss baar wallet reload krna tha mobikwik pe to pata chala, mobikwik merchant is categorised as highly risky by au bank, so the transaction was declined.

 

[Obhi]

didn't for me for 3 add-ons. thought so, if any recent observed let me know.. maybe old cards have this, so tried but didn't worked even after 2+ years.

I checked last month it was reported in addon card holder account.

 

[TheGuy]

they split the limit like other Indus cards?

ex: 10L legend limit will be 5L legend +5L rupay?

If its shared limit then we have a problem but if above math works then no issues.

I am not current IndusInd CardHolder but someone told me (AFAIR) that in the portal to apply for Indus Rupay Plat, we have to split limit.

Rest is my supposition. Please do tag (and update) me once you progress (on how it really is).

 

[helloworld]

updated ICICI EPM as reporting as separate account.

 

[VikasBhindwar]

Report RBL Bank as seperate accound for each card