5 tips on how to get an excellent credit score

In the digital-first economy of 2026, your credit score is more than just a number; it is your primary financial reputation. Whether you are eyeing a premium credit card or a high-limit credit line, achieving a score in the 750–900 range is the key to unlocking the lowest interest rates and instant approvals. Here is how to master your credit profile this year.

1. Mastery Over the 30% Credit Utilisation Rule

Your Credit Utilisation Ratio (CUR) is one of the most influential factors in your score, accounting for roughly 30% of the calculation. It measures how much of your available revolving credit you are actually using.

• The Threshold: Aim to keep your utilisation below 30% at all times. For example, if your total credit limit is ₹1,00,000, ensure your outstanding balance stays under ₹30,000.
• The 2026 Pro-Tip: High-scorers often aim for under 10% to signal to bureaus that they are not "credit-hungry."
• The Strategic Increase: If you frequently hit your limit, request a credit limit increase. This automatically lowers your CUR even if your spending habits remain unchanged.

2. Cultivate a "Healthy Mix" of Credit

Lenders love to see versatility. A credit profile that only contains unsecured debt (like multiple credit cards) is often seen as riskier than a diversified portfolio.

• Balance Your Portfolio: Aim for a mix of unsecured credit (personal loans, credit cards) and secured credit (car loans, home loans).
• The Stashfin Advantage: Using a Stashfin Credit Line counts as a flexible, unsecured credit facility. By managing it well alongside other obligations, you prove consistent repayment discipline across different platforms.

3. Protect Your "Credit Age"

The length of your credit history accounts for approximately 15% of your total score. The longer your history of responsible borrowing, the more reliable you appear to lenders.

• Keep Old Accounts Active: Never close your oldest credit card accounts, even if you rarely use them. Closing an old card reduces the average age of your accounts and can cause an immediate dip in your score.
• The Maintenance Move: Make one small transaction (like a mobile recharge) every few months on old cards and pay it back instantly to keep the account "Active" in bureau records.

4. Become a "Hard Inquiry" Minimalist

Every time you submit a formal application for a loan, the lender performs a "Hard Inquiry," which can shave 5–10 points off your score.

• The 6-Month Rule: Avoid applying for multiple credit products within a 6-month window. In 2026, AI-driven underwriting systems flag frequent inquiries as a sign of financial distress.
• Soft Inquiries: Checking your own score on the Stashfin app is a "soft inquiry" and has zero impact on your score. Do this monthly to monitor your progress without penalty.

5. Audit Your Credit Report Monthly

In 2026, data reporting has become even more dynamic with the RBI's move toward weekly credit data updates starting July 1, 2026. This means errors can impact you faster than ever.

• Rectify Errors Early: Under current RBI guidelines, bureaus and lenders must resolve disputes within 30 days. If they fail to do so, you may be entitled to a compensation of ₹100 per day.
• Scrutinise the Details: Download your full report monthly and check for "closed" loans that still show as "active" or any mismatched personal details that could link you to another person's debt.

Comparison: Good vs. Excellent Credit Score