What is the CIBIL score for credit card?
- A CIBIL score is a three-digit number that ranges from 300 to 900 and reflects your creditworthiness.
- When it comes to credit cards, lenders usually prefer a score of 750 or above.
- This indicates that you are a responsible borrower and have a good track record of repaying debts on time.
- Having a high CIBIL score increases your chances of getting approved for a credit card with better terms and benefits.