Cred is a company in India that has created a mobile app called “Cred.” This app is all about helping people handle their credit cards better. You can use the Cred app to keep an eye on how much you’re spending with your credit card, pay your bills, and even earn rewards for paying on time.
One cool thing about the Cred app is its rewards program. When you pay your credit card bills on time using the app, you earn something called “Cred Coins.” These coins can be exchanged for rewards and discounts from different companies that are partners with Cred.
Besides managing your credit card payments, the app also gives you insights into your credit score. It can even give you personalized tips on how to improve your financial situation.
Overall, Cred wants to make managing credit cards easier for people and encourage them to make smart financial choices through their app.
How to open Cred Account
- Click on the link – https://app.cred.club/spQx/6qxxrhiu
- Install the app
- Enter your mobile number and continue
- Allow permissions.
- Verify your mobile number with OTP
- Enter your name, email ID, date of birth, and PAN card number
- Once verified, you’ll receive ₹1 cashback in your credit card account
- Skip the details of bill payments and proceed to adding a credit card
- If the option to add a credit card isn’t available during account
- opening, click on the credit card option later.
- Add your credit card details.
How many types to earn Cashback on Cred App
There are three methods to Earn cashback on Cred App
- Credit Card Bill Payment –You’ll receive cashback up to ₹1,000 on your first credit card bill payment. For example, let’s say you have a credit card bill of ₹5,000. When you make your first payment using the Cred app, you could earn cashback of up to ₹1,000. This means that a portion of the amount you pay towards your credit card bill will be returned to you as cashback, providing you with savings on your expenses.
- Cashback on spin – if you are using the Cred app, you have the chance to win various rewards such as coins or voucher codes. These rewards can be utilized for shopping or installing apps. Moreover, through spins on the app, you may also have the opportunity to win cash prizes, adding an extra incentive to engage with the platform.
- Refer and Earn –
when you invite friends to join the Cred app, you can earn commissions based on the number of friends you refer. These commissions vary depending on the level of referral activity, with higher levels typically offering larger rewards.
It’s important to note that to access these benefits, you must have a credit card linked to the app and use it for bill payments. Whether it’s settling your credit card bill, recharging your mobile, or paying your electricity bill, you can conveniently manage all your payments through the app. This not only streamlines your financial transactions but also rewards you for your everyday spending habits.
Q1. Is the CRED app safe?
Ans. The CRED app takes your security seriously. They use top-notch security measures to keep your info safe. This includes strong encryption to keep your data private and secure.
Plus, they have extra security steps like multi-factor authentication and biometric verification to make sure it’s really you accessing your account. With these measures in place, you can feel confident that your personal and financial details are well-protected when you use the CRED app.
Q2. What is the CRED app used for?
Ans. the CRED app is designed to make managing credit card payments and bills easier. Its key features include keeping track of bills, sending reminders for payments, and offering rewards for timely payments. Moreover, users can enjoy additional perks and benefits through the app’s loyalty program, which adds an extra incentive to stay on top of their finances.