What is CRED?
CRED is a members only credit card bill payment platform that rewards its members for clearing their credit card bills on time. CRED members get access to exclusive rewards and experiences from premier brands upon clearing their credit card bills on CRED.
How to Earn Rewards on CRED?
members can earn rewards in two different ways. CRED coins & gems.
CRED Coin Rewards:
– when you pay your credit card bill on CRED, for every rupee cleared on your bill you earn a CRED coin.
– you can then use earned CRED coins to claim exclusive rewards from different brands.
CRED Gem Rewards:
– for every person that you refer to CRED who makes a bill payment, you earn 10 gems.
What are the Benefit of using CRED?
When you normally pay your credit card card bill on other platform you simply pay your due and get nothing in return. But here in Cred app when you pay your due(minimum Rs 1000) you get the same amount of Cred Coins as your bill amount and also get a chance to win cashback upto Rs 1000. Cashback which are won by paying bills are loaded on cred wallet and can be used to pay your other bill or recharges.
Paying Multiple Bills Through A SIngle Platform
Using CRED can not only help you manage your credit card payments but also rent, education fees, insurance premiums and phone bills. CRED also provides liquidity benefits and rewards to its users. Thus making payments on time has a new benefit to it if you are using CRED. The CRED application helps you to use your multiple credit cards and also use specific credit cards for every purchase. It helps you to track the offers that are available on these cards and avail curated packages for CRED members. This helps you to make substantial savings on your purchases
How does one Become a Member of CRED?
you can apply to be a member by signing up on CRED with your name and valid mobile number(issued within India). CRED is India’s most trustworthy and creditworthy community. This means we are selective about the members we take. For membership an Experian credit score of 750 or above is mandatory.
Banks Supported on CRED
CRED supports credit card bill payment for American Express, Standard Chartered, Citibank, HSBC, HDFC, ICICI, SBI, AXIS, RBL, PNB, and other top Indian banks. We support VISA, MasterCard, American Express & RuPay cards.