Is 750 a Good Credit Score?

Credit Card
1

My cibil is 750. Is it good?

2

Yes, it definitely is. A score of 750 or above is usually seen as very good and shows that you have been responsible with your repayments.

With a score like this, banks and lenders consider you a low-risk borrower. That means:

  • You get faster approvals for credit cards and loans.
  • You can enjoy higher credit limits.
  • You are more likely to get loans at better interest rates.

Now, while 750 and above is excellent, even a score between 650 and 749 is good. You will still get approvals, but the interest rates may not be as attractive. If your score falls below 700, that is when it becomes tougher to get approvals or favourable offers.

So, if you are already at 750 or more, you are in a strong position. Remember, staying in this credit score range not only makes borrowing easier but also ensures you get the best possible deals on financial products.