How can SuperCash help improve my credit?
You can improve your credit simply by using your SuperCash card for everyday purchases. With our auto-pay feature, it’s easy for you to make on-time payments, which may have a positive impact on your credit score over time. We report to the credit bureaus monthly, so you can make stable progress without even thinking about it.
You can also use the app to check your credit score as you use your SuperCash card for everyday purchases.
Will closing my SuperCash account impact my credit score?
Closing your SuperCash account may impact your credit score because it could lower your debt to credit utilization ratio. The debt to credit utilization ratio is the amount of overall credit you have versus the amount of credit you're using. Creditors and lenders prefer to see a lower ratio of how much debt you have compared with how much available credit you have.
Does not using your card impact your credit score?
Not using your card every month does not have a direct impact on your credit score. However, if you haven't used your SuperCash card in a certain period of time, it may be declared inactive and may be closed. Closing your account may impact your credit score as it may lower your debt to credit utilization rate.
Which credit bureaus do you report to?
We report to all three nationwide consumer reporting agencies (CRAs) or Credit Bureaus - Equifax, TransUnion and Experian.
What information do you report to the credit bureaus?
We report the following types of information to the Credit Bureaus:
- Personal information, such as your name and address
- Credit account information, also known as "tradelines"