I received an email from Chase advising that they are going to be shortly reporting to credit agencies, not sure if everybody received the email so thought it may be useful to post.
The email I received from them is below:
We're sharing your info with credit agencies
Hi [Name],
We're sharing details of your Chase current account with credit agencies, and we're pleased to tell you that in the coming months, you'll begin to see Chase on your credit profile.
We'll start with TransUnion, and report monthly. Just so you know, all major banks do this already.
By doing this, lenders get a more accurate picture of your finances, so they can make the right decisions for you.
What we'll share – and what we won't
We'll share some of your personal info – such as your name, when you opened your account, and details of any negative balances – but we won't share what you buy or your login details with the credit agencies.
Don't worry, there's nothing you need to do – we're just keeping you in the loop. Got more questions about this? We've put together more info on what's being shared.
Yours sincerely,
The Chase team
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