Does AU Small Finance Bank send information about the cardholder’s credit card transactions, payments, and outstanding balances to credit bureaus (e.g., CIBIL, Experian, etc.)? How does the reported information affect the cardholder’s credit score or credit history? How often does AU Small Finance Bank update the credit bureaus with the cardholder’s credit card activity?
Yes, AU Small Finance Bank reports your credit card activity to credit bureaus. This reporting typically occurs during the last three days of each month.
Maintaining timely payments and responsible credit usage is essential, as these factors influence your credit score and overall creditworthiness.