How do banks determine my credit limit?

The first thing banks look at when you apply for a credit card is your income. Banks usually grant a credit limit of two to four times your monthly salary. However, the amount can vary from bank to bank. Your credit limit is also determined by your credit score from Credit Bureau Singapore. If you have a good credit score, you are more likely to receive the maximum credit limit when your credit card application is approved. So, it's best to have as few outstanding loans as possible when you apply for a credit card.