CRED App Review: Eligibility Criteria, Rewards

1
CRED App

• www.afinoz.com

2
Description

• In India, thousands of people use credit card
  every month. As credit card gives pre-approved
  loan limit to individuals, people spend the
  credit card limit on the purchase of various
  products and services. And when the time comes to
  pay the dues, they often get frustrated as they
  have to pay high-interest rate on the used credit
  card limit. And thats where CRED comes in. CRED
  helps you in managing your credit card
  efficiently. By downloading CRED App, you can
  avail cashback and other freebies on the credit
  card payment.

3
What is CRED App?

• CRED is a mobile app through which you can easily
  pay your credit card bills. By doing so, you can
  avail various cashback and coupons. To avail
  various benefits, all you have to do is to make
  timely payment of credit card bills. Unlike other
  credit card payment app, CRED covers the credit
  card payment of almost every bank and NBFC.
• As credit card companies have their own payment
  app, CRED takes a different approach when it
  comes to making credit card payment convenient
  for users. Credit card users can make a payment
  through the phone number linked with their credit
  card. This not only make the payment of credit
  card bills more secured but also lets users to
  make a payment against various credit cards
  linked to their mobile number.

4
Features and Benefits of CRED App

• There are umpteen features of CRED. Through those
  features, users can avail various benefits which
  are as follows
• Secured credit card payments Payment of credit
  card through CRED app is 100 safe. The payment
  gateway is protected by 256-bit encryption and
  doesnt let any security breach.
• Attractive cashback on bill payments As per
  CREDs killthebill campaign, CRED users can
  avail cashback up to Rs. 1000 on credit card bill
  payments. The cashback amount is transferred to
  the users savings account.
• Easily redeemable CRED coins For every credit
  card payment you make, this app rewards you with
  CRED coins. You can also earn CRED coins by
  referring this app to your friends and family
  members. These coins can be redeemed in the form
  of online shopping coupons. Furthermore, you can
  also redeem your coins to pay the bills for
  various offline merchants who have partnered with
  CRED.
• Access to credit score and credit report at no
  cost With Cred App, not only you can check your
  dues but also you can check your credit score and
  credit report. For that, you dont have to pay
  any extra bucks.

5
Eligibility Criteria for Being a Member of Cred
Club

• CRED is a member-only platform where only most
  creditworthy people of India can make a card
  payment. To be a member, you will have to fill a
  CRED application form. After successful
  completion and review of CRED application form,
  you can start making payment against your credit
  card bills.To easily apply for CRED Club, you
  must read and meet the eligibility criteria
  mentioned below.
• To be a member, you must have a good credit
  score. Usually, those who have a credit score of
  750 or above can be a member of CRED Club.
• You must be over 18 to be eligible for using
  CRED.
• You must not be barred from accessing CRED
  services.

6
How CRED App Works?

• Step 1 - Apply for cred membership
• Step 2 - Pay your credit card bill
• Step 3 - Get cred coins (payment of 1 Rs 1 cred
  coin)
• Step 4 -Claim your rewards by redeeming cred coin
• By following these steps, you can improve your
  credit card experience significantly. Also, you
  can also refer it to your friends and earn cred
  gems which can later be redeemed.
• 
  Download Cred

7
How to make payment in Cred App?

• Add your credit card with the help of your
  registered phone number.
• On the main screen of Cred App, you can see your
  registered cards.
• Select the card you want to make payment for.
• Pay using BHIM UPI.
• Earn cred coins.