It was entirely limited to the article I linked from Experian that explained only credit aspects of current accounts are included on the credit report.
I’m happy to be corrected however I can’t get any links from Experian to load. From what I can see in the search results, it still doesn’t look like it’s readily available. It mentions business lending and open banking for consumers. Does the consumer need to link via open banking for this data to be visible?
I’m sure once the links load, you will be able to find answers to your questions.
I don’t work for Experian. I’m just a random person who Googled and found info on CATO.
Is this just curiosity or do you have some sort of concern?
Curiosity.
I did get an Experian PDF to load but it is a white paper that describes Experian’s “vision” on the “future of credit information”, along with how “opening up data assets like current account turnover (CATO) would be in the consumers interest”.
Could you perhaps link to where you saw this data is currently available to lenders?
Some links said that some banks do it. It also mentioned in some places that the customer needed to give permission.
Is it maybe that they do It in the US, not here?
It may have some influence. But I was paid into a Dozens account when I got my mortgage, first credit cards etc. Didnt seem to matter a jot.
This link for example cites CATO as their data source, and that it covers 81 million accounts.
Definitely UK and not US.
Also…
I can’t believe there’s a whole debate about this 
Turnover is a thing.
The end.
Agreed. I thought it was common knowledge that lenders could see this information.
I’m pretty sure one of the big banks even adds a line of text to their statements saying the turnover will be shared with CRAs. I wish I could remember which bank…
I wonder how quickly CRA reporting, CASS etc will come once Revolut go live as a bank.
I hope that’s what they’re taking their time on!
I’ve no idea on timeframes for CASS, or the joining process.
Credit file reporting also takes a while, but there’s been an option within the app for them to report details to credit agencies for years, so I’m guessing the tech is there, just not pulled the trigger.
Also be interested to see how fast they launch a credit card here.
This would be great. I trimmed down to one CC with Santander. Be good to have one with Revolut too
It’s a forum, we discuss and share information.
Thank you 
Discussing, yes.
Trying to make out it was false information, not really a discussion.
People searching with their eyes closed didn’t help anything.
I asked questions and never claimed anything as fact. Perfectly reasonable.
think
Let’s not play on words.
It’s not playing on words. If I was claiming it was a fact I’d of said “it isn’t true”.
Anyway, thanks for informing me
Banks sometimes do mention it, Chase mentions that they report your income (but not spending):
Sharing information with credit reference agencies (CRAs) | Chase UK
However I don’t think it’s unreasonable to question just what counts as income. If Chase just sees anything coming in from any source including transfers then they will think your income is higher than it is if you’re transferring the same £2,000 around several accounts.
If it’s limited to BACS or the like then this would be far more accurate.
Same for other banks. If you’re transferring the same £2,000 around then if transfers are accepted as income then each individual bank may have an inflated idea of your income.
I think this is what the poster was referring to, and it’s not a stupid comment to make. Google does indeed state income is reported, but not which income which could make the difference.
I don’t think they could limit it to BACS deposits as some employers use FP, as do other ‘proper’ income sources too.
I imagine it would work fine for most people, but there seems to be a reason number of people on here bouncing money around for various reasons.
