[ADVISE] Any issues in using more than credit limit of the credit card by loading extra amt to credit card?

@disclaimer wrote:

@cybertechie wrote:

@rajrocks

CITI works out great for me. Customer service is top notch compared to other banks in India.

Keeping AMEX apart, but HSBC is also not behind.

Amex is best. Citi a close second. HSBC is also hasslefree. Indus Ind and ICICI also have been very good for me. .
My family member had several issues with HDFC.
Will not touch Stan Chart or SBI Cards even if they pay.

@disclaimer wrote:

@rajrocks wrote:

@disclaimer wrote:

Only information about the monthly due(spent-paid) is sent to CIBIL, not the actual spend.

ru sure? if this is also the case then im in a bit trouble as im fully using 100% credit limit and paying just before the due date

You can check by spending more than credit limit once and repaying some amount due before due date. The max credit used by you will be less than the actual spend in that month.

i saw somewhere that we can get free cibil score. any idea of the site?

@rajrocks wrote:

@disclaimer wrote:

@rajrocks wrote:

@disclaimer wrote:

Only information about the monthly due(spent-paid) is sent to CIBIL, not the actual spend.

ru sure? if this is also the case then im in a bit trouble as im fully using 100% credit limit and paying just before the due date

You can check by spending more than credit limit once and repaying some amount due before due date. The max credit used by you will be less than the actual spend in that month.

i saw somewhere that we can get free cibil score. any idea of the site?

@panchabhut wrote:

@disclaimer wrote:

@cybertechie wrote:

@rajrocks

CITI works out great for me. Customer service is top notch compared to other banks in India.

Keeping AMEX apart, but HSBC is also not behind.

Amex is best. Citi a close second. HSBC is also hasslefree. Indus Ind and ICICI also have been very good for me. .
My family member had several issues with HDFC.
Will not touch Stan Chart or SBI Cards even if they pay.

Problem with ICICI is very less rewards and that too with redemption fee even if points are redeemed at websites like Mobikwik.
SCB good at offers, but email customer care is worst.

well from last 8-9 months, i am using almost more than 90% of my credit card limit every month, and every time i pay on last payment due date, someone told me that my cibil score will be very bad, but just now i checked my CIBIL score , its showing 895 . Does the whole data get updated very late ??

@ramsharma98 wrote:

well from last 8-9 months, i am using almost more than 90% of my credit card limit every month, and every time i pay on last payment due date, someone told me that my cibil score will be very bad, but just now i checked my CIBIL score , its showing 895 . Does the whole data get updated very late ??

If the payment data is reflected for that card for the last month, then it is updated.

Citi, SCB, ICICI do update this data regularly, can’t say about others.