Does 0% Credit Utilization impact CIBIL negatively?

[Pahulpreet Kaur]

There is a Credit Card which is Lifetime free but since its not giving me any good reward points, I dont use it much. Will that impact my CIBIL?

 

[sagar shimpi]

No but your limit may be decreased

 

[nikhilchauhan]

There is a Credit Card which is Lifetime free but since its not giving me any good reward points, I dont use it much. Will that impact my CIBIL?

I think it will be good if you use it between 0 to 30%. In this way, it will help you increase the CIBIL score

 

[Utkarsh Sharma]

Not at all will take your score to 810.

 

[viral thacker]

There is a Credit Card which is Lifetime free but since its not giving me any good reward points, I dont use it much. Will that impact my CIBIL?

No not imact that much but your score not increase due to no any limit used by you

 

[vicky sidhu]

There is a Credit Card which is Lifetime free but since its not giving me any good reward points, I dont use it much. Will that impact my CIBIL?

No it will not impact score

 

[survivor37]

Ideally it won't but you can use it once in a while and make payments that will help you further

 

[shashwat]

Yes it does, but very marginally. And the way the bureau calculates it is by looking at all credit cards together. If you have 2 cards and you use 1 also then it's fine. If you're using no credit cards for more than 6 months, then your score may drop by 5-6 points. Very little impact.