It's does seem that it's a non-reporting trade line.
For those that question why does it matter if it's non-reporting or not, here's a scenario:
For those that generally pay their auto insurance premium monthly, lets say you pay the 6 month premium in full with your Blis card instead:
- No installment fee's from the insurance carrier ($3-$8 a month)
- The big obvious; Pay-in-Full Discount from the insurance carrier (approx 10% or more in savings)
- Cash back from Blis (2%)
- No interest from Blis ( for the whole 6 months)
- No balance reporting to CBR's
This is a no brainer for everyone, I dont know any creditor that is giving 2% cash back on insurance premiums and no interest for 6 months and not reporting.
After all, who the hell wants to just fork over 6 months of premium to an insurance company and let them make $ off your money?
Surely, if your premium is $600-$3500 you can do something better with that money than give it to your insurance company.
Let Blis loan it to you for free-you pay them monthly, and none is the wiser!
This works especially well for those with high premiums because of the teen drivers on their policy 
@Powertripper wrote:It's does seem that it's a non-reporting trade line.
For those that question why does it matter if it's non-reporting or not, here's a scenario:
For those that generally pay their auto insurance premium monthly, lets say you pay the 6 month premium in full with your Blis card instead:
- No installment fee's from the insurance carrier ($3-$8 a month)
- The big obvious; Pay-in-Full Discount from the insurance carrier (approx 10% or more in savings)
- Cash back from Blis (2%)
- No interest from Blis ( for the whole 6 months)
- No balance reporting to CBR's
This is a no brainer for everyone, I dont know any creditor that is giving 2% cash back on insurance premiums and no interest for 6 months and not reporting.After all, who the hell wants to just fork over 6 months of premium to an insurance company and let them make $ off your money?Surely, if your premium is $600-$3500 you can do something better with that money than give it to your insurance company.Let Blis loan it to you for free-you pay them monthly, and none is the wiser!This works especially well for those with high premiums because of the teen drivers on their policy
^This
Good explaination.
Chess wrote:
@Gmood1 wrote:
@Anonymous wrote:
I asked the wrong question 😂
I have over 200k credit and just don't understand hidden trade lines until yes-it's-me's responseIt's not all about emergencies. It's also about having the ability to tweak your over all utilization. I have $330,000 and I still find it great to pay certain bills out for six months and it not show up on my reports. Hard to beat 0% with no payments for 6 months plus 2% CB.
It's not a contest.
Of course it isn't a contest. Building and maintaining the best scores with low reported utilization can be hard.
This {expletive} is Chess, it ain't checkers.
Paypal Credit and other hidden tradelines definitely help your credit game.