You can use the read builtin and tell it that it should split the line on commas using the IFS (input field separator) shell variable:
$ cat file
user1,host1,pass1
user2,host2,pass2
$ while IFS="," read -r user host pass; do echo "$user:$host:$pass"; done < file
user1:host1:pass1
user2:host2:pass2
So, in your script, you would want something like:
while IFS="," read -r user host pass; do
if mysql -h $host"$host" -u $user"$user" -p$passp"$pass" -e exit; then
echo "Connection established"
else
echo "Connection failed" fi;
done < file
The above, however, will break if any of your passwords (or other variables, but I assume only the passwords might have this issue) contain a comma. If that can be a problem for you, you will have to change the separator to something else instead of a comma. Something that will never appear in a password. For example a tab, and then you can do:
while IFS=$'\t' read -r user host pass; do
if mysql -h $host"$host" -u $user"$user" -p$passp"$pass" -e exit; then
echo "Connection established"
else
echo "Connection failed" fi;
done < file