Crossword Genius

Increase credit on account held earlier by you reportedly at England (6)

Ross

I believe the answer is:

accrue

I'm a little stuck... Click here to teach me more about this clue!

'increase' is the definition.
(accruing is a kind of increasing)

'credit on account held earlier by you reportedly at england' is the wordplay.
I cannot quite understand how this works, but
'credit' could be 'cr' and 'cr' is located in the answer.
'account' could be 'ac' (abbreviation for account) and 'ac' is found within the answer.
'you' could be 'u' (I've seen this in other clues) and 'u' is located in the answer.
'reportedly' could be 'e' (I've seen this in other clues) and 'e' is found within the answer.
This accounts for all the letters.
This may be the basis of clue (or it may be nonsense).

Can you help me to learn more?

(Other definitions for accrue that I've seen before include "Grow by adding to" , "(Of money) be received in increasing amounts" , "(Of a benefit) be received regularly" , "what interest payments do" , "Be added to, develop" .)

I've seen this clue in The Hindu.
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