Does using using less than 30% of credit limit improve your credit score in Singapore?

Hi Farid,

Yes I believe it does. One of the factors affecting credit score in Singapore is credit utilisation rate, where a lower utilisation rate = higher credit score.

Other ways to improve your credit score include:

• paying your credit card bill in full, on time, every month
• using your card every month (so you have a bill to pay. More on time payments = better score)

Hope this helps & all the best!

Regards,
thefrugalstudent