Personal Finance
Top 5 Ways to Improve Your Credit Score in Singapore
Your CBS credit score affects every loan you apply for. Here are five proven steps to improve it and unlock better interest rates.
Lendela Team ·
What is your CBS score?
The Credit Bureau Singapore (CBS) assigns scores from 1,000 to 2,000. A score of 1,844 and above is rated AA — the best tier — and typically earns you the lowest loan rates.
5 ways to improve your score
- Pay on time, every time. Payment history is the single biggest factor.
- Keep credit utilisation below 30%. If you have a S$10,000 limit, keep balances under S$3,000.
- Don’t apply for multiple loans at once. Each application creates a hard inquiry that temporarily lowers your score.
- Maintain older accounts. Credit history length matters.
- Check your report for errors. You can access your CBS report for S$6.42 at any SingPost branch.
How long does improvement take?
Consistent good behaviour over 6–12 months typically produces measurable score improvement.