I'm assuming you're mistaken, given it provided herd immunity. It definitely reduces your chances of getting it. Reducing the impact also means you spread it less.
In countries with widespread BCG vaccination, substantial percentages of population are latently infected, and a smaller percentage of those will still become actively infected one day.
(Citing my sources
https://en.wikipedia.org/wiki/BCG_vaccine
https://thispodcastwillkillyou.com/2018/02/10/episode-9-tube...)