Turns out cibil looks at individual card utilisation % not just overall

[navam]

So I used to be misguided that the scoring agencies used to look at overall utilisation and not individual cc utilisation when giving out a score. But recently I got dinged a few points because I utilized my magnus almost 55% in June when the overall utilization was 3.5%.

Sooo don't screw up like me

 

[D₹V]

S e d B r o .

 

[Rohith-2009]

So I used to be misguided that the scoring agencies used to look at overall utilisation and not individual cc utilisation when giving out a score. But recently I got dinged a few points because I utilized my magnus almost 55% in June when the overall utilization was 3.5%.

Sooo don't screw up like me

Is individual card utilization important?

 

[SSV]

So I used to be misguided that the scoring agencies used to look at overall utilisation and not individual cc utilisation when giving out a score. But recently I got dinged a few points because I utilized my magnus almost 55% in June when the overall utilization was 3.5%.

Sooo don't screw up like me

Is individual card utilization important?

Yes, it also counts..Individual utilization also plays a role

 

[Rohith-2009]

Yes, it also counts..Individual utilization also plays a role

Omg, then I need to get higher limit on axis or reduce usage

 

[Daya A]

Yes, it also counts..Individual utilization also plays a role

If we spend and pay before bill generation then what will be the utilisation report to cibil by banks?pls explain

 

[Praveen05]

If we spend and pay before bill generation then what will be the utilisation report to cibil by banks?pls explain

You can refer to this thread

Credit Card CIBIL Reporting Date

Hello everyone, If you are holding multiple credit cards, and wants to keep your credit utilisation ration under 30% then you should know, on which date your card issuers report your card uses data to CIBIL. To know more about how to maintain credit utilisation ratio under 30% or lower watch...

www.technofino.in

 

[SSV]

If we spend and pay before bill generation then what will be the utilisation report to cibil by banks?pls explain

A big massive, 0