Banking
Singapore — Banking: Credit History
Credit Bureau Singapore (CBS), regulated by MAS under the Credit Bureau Act, issues credit scores ranging 1,000-2,000 based on payment history, account balances, and default records — influencing loan approvals, interest rates, and in some cases job prospects. Foreigners participate in the same system using their Foreign Identification Number (FIN) instead of an NRIC. Reports cost S$8.00 via the CBS online portal or SingPost branches; a free report is available within 30 days if a loan application was rejected or approved with revised terms by a CBS member institution.
VerifiedGovernment / official sourceCredit Bureau Singapore (CBS) / Monetary Authority of SingaporeLast reviewed: 2026-07-20
Key facts
- CBS credit scores range 1,000-2,000, based on payment history, account balances, and default records.
- Foreigners are included in the CBS system using their FIN (Foreign Identification Number) instead of an NRIC.
- Standard CBS report cost: S$8.00, available via the online portal or SingPost branches.
- Free report available within 30 days if a loan application was rejected or approved with revised terms by a CBS member institution.
Costs
- Standard CBS credit report: S$8.00
Timelines
- Free report eligibility window after adverse loan decision: 30 days
Required documents
- FIN (Foreign Identification Number) for foreigners
- SingPass or equivalent for online CBS report access
Common mistakes
- Assuming foreign credit history transfers to the CBS system — like most countries, a new Singapore-specific credit history must be built using local financial products.