CRED App Review – Now Get Rewarded for Paying Credit Card Bills

By | November 27, 2018

Kunal Shah – the founder of Freecharge which was acquired by Snapdeal in 2015 for $400 million is now back with a new bet in the world of credit cards. About his new venture CRED, Kunal Shah says its β€œa platform to celebrate and reward the most creditworthy people of India”.

With a team of about ~60 people based out of Bengaluru, Cred has already raised $30 million from Sequoia Capital, Chinese VC firm Morningside and others. Now lets see what it has to offer us,

CRED – Get Rewarded for Paying Credit Card Bills

What is CRED?

CRED is an app that allows you to earn “CRED coins” for paying your credit card bills. These points can then be redeemed for various premium lifestyle products & services.

Apart from this primary benefit, it also has options to track your expenses, notify due dates, etc.

CRED aims to reward the most creditworthy (Credit score > 750) people of India thereby creating a community of trustworthy customers. CRED pulls your Experian/Crif score at the moment, while CIBIL score may show up in future.

How it works?

It’s very simple and the entire process hardly takes less than a minute.

  1. Install the app – IOS / Android (open the link on mobile)
  2. Signup with your mobile number & verify with OTP
  3. Boom!! All your cards now gets displayed. CRED has done the integration with Credit Bureaus like Experian to make this is possible.
  4. Now you have to verify your card to add them to the app by filling the masked numbers of the card.
  5. CRED verifies your card instantly and that’s it.
  6. You shall now pay your bills and get reward points equal to the bill amount paid.

In the backend, while you’re adding a new card, CRED verifies your credit card by depositing Rs.1 through IMPS/UPI. This reflects instantly on some cards while other cards (like AMEX) take upto ~1 working day.

Is CRED App Safe?

Here are few things you might need to know reg. the CRED app safety,

Security:  As the founder of CRED App had prior experience in handling millions of users on Freecharge, its safe to assume that the app is completely secure.

Privacy: The app has an option to allow email access for reading your statements. If you feel this is a privacy issue as you’ll have other personal emails, consider using a separate email ac for linking with Cred. Or, if you can go through your statements line by line, you may ignore the feature.

Payments: Its safe to make bill payments at-least 1 week ahead as you can’t be sure what’s coming tomorrow. Just incase if it gets delayed more than 3 biz days, get in touch with CRED. Apart from that, never worry about the money, its always safe.

My Experience

Getting Started

The UI/UX of the app is one of the best that i’ve seen recently. As soon as i installed the app & verified my mobile number, i got 822 Points which is equal to my Experian credit score. Yes, you can get your credit score too with this app.

It takes moments to get familiar with the options and i was able to add one of my credit card and make a payment to it in under 2 minutes. Here are the time frames for your payment to reflect on the Credit Card, from my experience,

  • Instant: HDFC/ICICI/AXIS/SBI (payments processed via IMPS/UPI)
  • 2 Working Days: Amex
  • 1 Working Day: SC/Indusind
  • Payments >1L will be be routed via NEFT
  • When IMPS/UPI rails are down, it will be processed via NEFT.
  • Note: Always clear dues before ~3 days to be on safer side

Overall the on-boarding experience is very good and you would love using the app just for its neat & clean User Interface. As i’m yet to pay some of the credit card bills (Diwali purchases), this came in right time. Here’s a quick look into my ac:

CRED App

Points Redemption

  • Point Value: Dynamic

The most important factor whenever we deal with points is its value. Here its totally dynamic as it depends on what offer the merchants can afford to give. Premium merchants have rolled out exclusive offers for CRED members to generate brand trials and virality amongst these customers..

I tried many redemption options including “kill the bill” which is similar to scratch cards that you see on Google Pay. It got me around ~Rs.170 which is not bad. Its like playing games, try your luck and do share what you got. Here’s my first attempt πŸ™‚

Apart from that, one of my best redemption was 5000 points for Rs.1000 Voucher from bombayshavingcompany.com. This gives amazing 20% value. I quickly ordered few items costing Rs.980 to make effective use of the voucher. It asks to pay Rs.88 (tax) to complete the order.

That’s huge returns. Now if that sounds unbelievable, You may pinch yourself to verify that you’re not dreaming. lol. Here’s a quick look into my earnings & redemptions so far!

Cred Coin – Earnings

Cred Coin – Redemptions

CRED – Voucher Redemption

Some of the merchants available for redemption at the moment are: ixigo, bookmyshow, cult.fit, bombayshavingcompany, bombayshirtcompany, bodycraft, four fountains spa, etc. Note that some of the vouchers can be redeemed only once while others can be redeemed multiple times as well.

Why CRED is a must have App?

The top 3 features for using the CRED app are:

  1. You get rewards for paying credit card bills through CRED platform
  2. If you pay with a debit card, you get additional Reward points there too.
  3. You become part of a premium community that gives access to unique products/services.

And yes, apart from that, some may find their transaction tracking features quite useful too. Cred is currently in the beta phase, yet you can experience most of the features now before it even goes live by year end. Use below links to download the app.

Bottomline

Even though we’ve apps (like Paytm) to pay credit card bills, there has been limits to it in various aspects and almost none of them gave a premium feel nor rewards.

CRED solves it all with a refreshing look, simple & easy to use interface, rewards system and on top of it – a premium community which is an added advantage to get access to some cool redemption options just as above.

  • Cardexpert App Rating: 5/5 

Have you tried CRED? Feel free to share your experiences in the comments below.

Author: Siddharth

A Credit Card freak minting reward points and cashback for years, started adding Airmiles in recent times. Obsessed with aviation, airport lounges and luxury travel at affordable cost.

402 thoughts on “CRED App Review – Now Get Rewarded for Paying Credit Card Bills

  1. Rohit

    I redeemed the 1K bombay shaving company voucher as well πŸ™‚ . I hope they add more reward options. Kill the bill gave me 15/- and 11/- so not that much.

    Reply
    1. Siddharth Post author

      Cool. Got a Rs.500 bookmyshow voucher too shortly after. They seem to have good set of redemption partners lined up.

      Reply
      1. Nihit Mehrotra

        @siddharth Sir I have paid bill at 9:15 p.m. but is not reflecting but for SBI card it is written that amount will be refunded instantly

        Reply
    1. Siddharth Post author

      Yes, all cards, including diners/amex. I’ve tested it all πŸ™‚

      Reply
      1. Abhishek Roy

        Damn man, how did I miss it? Lol. My score came 865 on Experian. Got accepted. One stop destination to pay all my credit card bills.

        Reply
        1. Siddharth Post author

          Happy spending, happy paying bills πŸ™‚

          P.S. One of my family member has Experian: 896

          Reply
          1. Nis

            What about the reward points earn on spends? Do they get effected?

        2. Vaibhav

          will there be 1% cashback received for making payment via HDFC EasyShop Platinum Debit Card

          Reply
  2. jitendra kumar saraogi

    in testflight app for iphone asking for invitation code to redeem so which code to enter?

    Reply
    1. Siddharth Post author

      Just open the link (on mobile) after installing testflight. You should be able to download.

      Reply
      1. jitendra saraogi

        Still not able to open without code so please help.thanks in advance.

        Reply
        1. jitendra kumar saraogi

          please help as i have installed testflight on my iphone but asking for invitation code to redeem so where from i may get same to proceed.
          thanks in advance.

          Reply
          1. Siddharth Post author

            Ignore it. The link should now take you directly to appstore.

  3. Hiren

    Earned close to around 700 Rs. through scratch cards by paying two bills worth 1.1L and 65K on my Amex card, still waiting for payment to reflect on my card account after 1 day, Im hopeful this will work. I paid the payment using debit card, fingers crossed if I get those points too. Other than that, still can’t figure out from their privacy policy what are they doing really with this data.

    Reply
    1. Siddharth Post author

      Rs.700 is great! Yes, it should show up in a day. Worst case, you’ll get the funds refunded.

      For us, its all about reward points. For them, i believe they’re creating a community of people with higher credit scores. So they can allow premium brands to gives us trials, sort of!

      In long run they may come up with new offerings, like their own credit card. Who knows!

      Reply
      1. Naveen

        I paid 65K on my credit card bills and received 65K Cred coins, how to convert them into Rs or encash it.

        Reply
        1. Sharathkumar Anbu

          You can’t convert into Rupees. You can try your luck with #killthebill in which if you burn some 30K coins, if you get lucky you may get some 300, 400 rupees.

          If you want more value, use it for vouchers redemption in their app.

          Reply
  4. Captain Bishuddha Bharatiya

    Wow. Another amazing money maker treasure you found. Thanks a ton Siddharth. Keep up the good work.

    Reply
  5. Prashant Gupta

    Wow cant imagine this can be there…will download now and see…thanks for updating us.

    Reply
    1. Siddharth Post author

      No code. Just re-open the link (on mobile) after installing testflight. You should be able to download.

      Reply
  6. Satish Kumar Agarwal

    Dear Sid

    Lightning fast posting of this review. Yesterday launched n today Reviewed !!!
    I also joined Cred on launch day.

    Pros: 1. UI is damn good/ easy
    2. Pay your CC bill by Debit card also ( I did the same yesterday)
    3. Good coin redemption options
    4. Add upto 10 CCs
    5. Can add spouse CCs also till the time she installs Cred n joins
    6. No need to wait for credit of payments. Gets reflected within minutes
    7. Doesn’t ask for cvv or valid thru dates

    Cons: 1. They ask for your email access too, which somebody may not be comfortable sharing

    Have collected 35K cred coins. But my personal redemption choice is 5000 inr ixigo promo code on burning 2lacs coins ( valid for 93 more days). I hope they don’t preclose this offer.

    Reply
    1. Siddharth Post author

      Yes, Ixigo voucher is best indeed, hope to get sometime soon πŸ™‚

      Reply
        1. anshul

          is it transferrable? I have already made new year plans but wanted to gift this to someone else.

          Reply
          1. Ebin Johnson

            They mentioned “no terms and conditions”. So it should be

    2. Gagan

      Just a correction, don’t think there is any limit on number of Credit Cards which one can add; I have got 12 verified without issues.

      Reply
      1. Hari

        I am unable to add more than 10 cards. What I understand from their FAQ is if the cards are pre-loaded the limit does not apply. But, if we add them, then 10 is the limit for now.

        Reply
        1. Gagan

          Yes Hari. In my case already had 10 cards pre-loaded and then added 2 more and worked fine.

          Reply
  7. Malavkumar Patel

    Hello Sid,
    1. Can i pay any Credit Card bill with Debit Card via Cred app?
    2. If first is yes then can i pay my Amex CC bill with HDFC debit card via CRED App?
    3. If second is yes then can i get 1% cashback to my HDFC Debit Card as HDFC Debit Card offers 1% cashback on spends with some HDFC Debit Cards, I mean does paying Credit Card bill payment considered valid merchant code for 1% cashback?

    Reply
      1. Sharathkumar Anbu

        HDFC Platinum debit card doesn’t give 1% cashback blindly on all spends. There are restrictions.

        Effective 15th May’17 you will get 1 CashBack point on every Rs. 100 spent on Telecom, Utilities.

        1 CashBack point on every Rs. 200 spent on Groceries & Supermarket, Restaurant & Apparels, Entertainment

        Maximum cap of Rs. 750 per card per month

        No cashback points for all other categories apart from the ones above.

        So IMO, No cashback points will be provided for this since these are just payment apps. You could try paying 1000 rupees and check your reward points in 2 or 3 days

        Reply
        1. Siddharth Post author

          That’s correct. i can confirm that no points being added on HDFC preferred debit card. Yet, Jet debit card should still give JPMiles.

          Reply
          1. Malavkumar Patel

            You should do another article or add to this article about which Debit Card gives points while paying through Cred app, So people can double dip and earn points while spending and when paying back.

          2. Anoop E S

            I just paid RBL credit card bill using HDFC Jet Debit card. Will update on miles part

          3. Anshul

            I think I am getting points credited on my indusind signature exclusive debit card. Also for transaction size above 40k, it gives 6 points per 200 rs spent, which is around 1% reward rate (if you redeem amazon/flipkart gv from indusmoments), so a pretty sweet deal must say πŸ™‚

    1. Atul

      I paid using YES FIRST World Debit Card and I can confirm that I got points based on their usual criteria (which isn’t great) but this is something which I wasn’t getting earlier while paying CC bills so I will take it.

      Reply
  8. Satish Kumar Agarwal

    Just redeemed 2 kill the bill cards of 1000 coins each to receive instant CC credit of inr 48.

    Reply
  9. Malavkumar Patel

    So if i spend on SC Ultimate card, i get 3.3% reward rate and i can pay SC CC bill using HDFC Debit card and get 1% more and i will also be rewarded by CRED app, So basically i am getting close to 5% return on my spends.

    Reply
    1. Siddharth Post author

      Yes, even more than that at times if the offer is too good.

      Reply
    2. Hiren

      I don’t think there are rewards for using your HDFC debit card here. Did you get any?

      Reply
  10. Prakhar

    Amazing!! My only regret.. I just paid a 1lac hill yesterday. Opportunity missed

    Reply
  11. Shivi

    Now, now! The Experian score checked by me was 780 while the one displayed by CRED App was 852! What’s going on? Is the “exclusivity” stamp just an eyewash? Also, the email access to read “only credit card statements” is like knowingly opening Pandora’s box of troubles and compromising your financial and personal life! Just my two cents.

    Reply
    1. Datta1108

      Yes, I agree! It’s trap, its complete lie, they don’t need access to email to credit card statements, they are pulling this information from the credit card.
      Initially, I gave access than then read their privacy statements, but later reverted the access.
      Basically giving email access to them, they can easily read gmail emails, So your Privacy is at stake!
      Food for thought!

      Reply
      1. Prashant Gupta

        I also had the same thought. When they can pull out all cards through mobile number then why they need email access. As of now i have given access.

        If you click manage card one can see segregated expenses for travel, utility, food etc… wonder they will sell this pattern and we will get offers from tele marketers regarding these. This is the only way they can make money i guess. These days data is everything.
        One can see how crownit has also changed its model to surveys, uploading pics of detergents, soaps, etc you use.

        Reply
        1. Datta1108

          There are a lot of ways to make money with data, I completely agree with you.
          But they do get a commission from Credit Card companies for the payment! They are not doing it for free!

          Reply
          1. Siddharth Post author

            CC companies don’t pay AFAIK, or maybe they would, if this makes any sense for banks!

            They may probably use the data to create services on top of it.

        1. Shivi

          Lol! Don’t uninstall – just don’t activate that feature which asks for email access. It’s the first time in my life I am reading the privacy policy and T&C of any app!

          Reply
    2. Sumeet Gupta

      Also, There is a huge difference between cibil score and Experian score, my cibil score was 710, but credapp score was 811,
      Just like indialends shows cibil score of over 850, while in actual it’s just 720 of my colleague.

      Reply
  12. Amann

    One query Sid

    Do they consider Cred as payment or as credit in statement? I’m asking as Yes Bank reverses/ reduces reward points for credits other than payments (like transaction reversal or VAT refund when you shop abroad).

    Reply
    1. Siddharth Post author

      Its a typical IMPS/UPI/NEFT payment, so they wont reverse points.

      Reply
        1. HTC Fan

          No. For Yes bank you will need to wait for one working day. I had made some payments last week.

          Reply
  13. Ebin Johnson

    Ixigo vouchers is very good. Burning points is for d lucky ones. Tried to burn 46000 and managed to get INR 191

    Reply
    1. Anoop E S

      whatever we are getting is good. We never used to get this before.

      previously we used netbanking or NEFT for making credit card bill payments and never got anything back. Now cashback by burning points plus gift vouchers and miles/ reward points from debit cards

      Reply
  14. Datta1108

    Thanks Sid! I have registered. The name needs to same, if there is any spelling mistake app would not recognize you. Till now I was aware of the CIBIL credit rating agency, just learned abt Experian/Crif. Looks like Experian score is equivalent CIBIL as both my scores are almost the same. Crif score, on the other hand, is way lower, not sure why!
    I have around CC payment to do, you mentioned its better to pay from Debit Card for additional benefits? What are those?

    Reply
    1. Nihar

      There are 3 major consumer credit rating agencies – Experian, CIBIL and CRIF along with Equifax. They all have different algorithms although broadly based on same credit parameters but with different weightage. And scores are in the order of Exp>CIBIL>CRIF ; but these scores should not be compared against one another. Only CIBIL can be compared with another CIBIL and likewise.

      Reply
  15. mayank sharma

    Am I the only one getting the message that you are waitlisted on registering.

    Reply
    1. Datta1108

      Seems your CIBIL score is low. They are waitlisting folks with less than 800 CIBIL score.

      Reply
      1. Siddharth Post author

        AFAIK, they aren’t checking CIBIL for now. They’re deciding mostly on experian.

        Reply
        1. Datta1108

          Might be! But I read a couple of articles on the App, where they mentioned this about CIBIL score. In fact, they have gone a step further and hire employees with CIBIL score of more than 800

          Reply
          1. Siddharth Post author

            They said their employees have Cibil>800, but not hired based on it πŸ˜‰

      2. Zakir

        As per livemint “Cred will initially offer its product to only those customers whose credit scores are at least 750. People with lower scores will be initially waitlisted.”

        Reply
  16. Sudarshan

    Thank for the info. This can be useful for the future credit card payments.
    Yesterday only i paid approx. 80K for my HDFC and SBI credit cards.

    Reply
  17. Ashwin

    Now is a very good time to review the best debit card for 2018 and beyond. What cards are you folks using? I’ve a SBI Signature Debit card with no annual fee and 0.75% reward rate.

    Reply
      1. Ashwin

        The value of the points is cash equivalent, that is, Rs 0.25 per point. I can choose to redeem pre paid cash gift card, redeem by points at POS at Max, Lifestyle, Reliance Trends, etc. I can also choose to do mobile or D2H recharge, book cinema ticket, flight, bus etc. I gift a annual “free” shopping trip to my wife at Reliance Trends/Max/Lifestyle. With CRED, I think it will become a bi-annual shopping trip!

        The good thing is I get this card without paying any annual fee and without any requirement for savings balance. But Rs 25 Lakh NRV (demat, MF, life insurance, home loan or salary over 2 Lakh/month) is required.

        I see that Axis Priority Debit card is the best but they require an savings account balance of 2 Lakh and also we don’t know when they will stop giving the 10% cashback offer. SBI Signature debit card has no reward rate limitations and 0.75% is normal reward rate and not special limited period offer.

        I would request Sid to do a review of Debit Cards too.

        Reply
        1. Aarush Anand

          Hi,

          Have you claimed 10% cash back from Axis Priority Debit card? If yes, can you please tell me how to claim it as I have made over 1 lakh online payment using Axis Priority Debit card.

          Thank you

          Reply
      1. Prashant Gupta

        I have it….never used the card till date except ATM. Its a binus for me now….

        Reply
  18. Mouli

    Sid,

    If I say this app is awesome ,its an understatement !
    How long this app is in use?great one.
    Because of you we earned lot through credit cards and now because of you we are going to earn good amount in paying the credit card bill also. I wonder whats next in the pipeline ?
    I am checking all my debit cards for better returns
    Yesterday night around 10 pm I paid Citibank CC due but its still not reflecting.
    Someone mentioned that only who has score more than 800 are allowed to register, my score is 785.I think benchmark is 750

    Thanks,
    Mouli

    Reply
    1. Siddharth Post author

      Its out since past 1 week and it went to public on 26th Nov.

      Reply
  19. SH

    I am not sure how he is making through this. I read the TOI article and this is what it says: “We will think of revenues a year or so down the line”

    Reply
    1. Suresh

      Mostly financial products like loans, credit cards will be pushed to the customers, as they are going to have high credit numbers.

      Reply
  20. BhavyeG

    Hi Siddharth,

    Which will be the best Debit Card to pay CC bills on the Cred App? I paid using my Indusind Debit card Hi5 offer which gives a 500 voucher for doing 5 transactions worth Rs 1000 each. Thats a 10% reward.

    Thanks
    Bhavye

    Reply
  21. Srikanth V V

    My Experian score is 707 and my CIBIL score is 777. I got a message saying you are wait listed. So definitely they didn’t consider the CIBIL score. It is good that i got a credit card for wife couple of years back, we use it once in a while and her credit score is 822. Happily using it with her account.
    Paying with debit card seems to take a while (2-3 days or more) to reflect to the credit card. Any idea on when it usually reflects?

    Reply
  22. Rajat Mehra

    I keyed in the details and now the application is under processing. Not sure how long it will take.

    Btw, they need to up the mktg game….. i have a score of 860+ and never knew abt this launch till I read this review. I get helluva lots of card offers but never got any promo from them

    Reply
  23. SH

    Has anyone faced this? Apparently they don’t have my credit record with Experian. The app failed, and then I tried to fetch the record myself through Experian, and there was none.

    Reply
    1. Siddharth Post author

      Yes, one of my friend have this issue too as he’s just ~3 months old to credit system. But your’s should be different case. Try contacting experian.

      Reply
      1. SH

        Now it worked. I am not sure why it was failing. My Experian score is 850, so got that many points (my wife’s is 861 and she has far fewer CCs than I have). By the way I was getting a travel voucher of Rs 600 for 10 creds, which is cool.

        Reply
  24. ANKIT

    Installed the App…but still in doubt to share e-mail access since all our personal mails including financial one are at stake…Sid could you please elaborate on this since you had also given access of your Primary e-mail where all your cc bill statement generates….

    Reply
    1. Siddharth Post author

      I haven’t given access to email as i don’t need those features, at least for now.

      Reply
  25. AJAI

    NOTE: Be sure to pay the CC bill’s 2-3 days prior to the billing date otherwise there can be issues. My payment for Diners Clubmiles has gotten stuck since yesterday and today is the bill date and now the dam HDFC netbanking is also down.

    Where as my AXIS Select bill was Credited within an hour yesterday itself. So this might be growing pains but certainly instant accreditation even with HDFC/ICICI/Etc maybe patchy in the initial days. As for the late fee charges I might get charged talking to HDFC customer care with a preferred status always gets them waved off.

    Reply
    1. Rahul

      Hi Ajai, I am a team member at CRED. Can you please drop me a message at rahul@cred.club, or contact our support team from the app directly, and we will get this checked immediately.

      Reply
      1. Amann

        Hi Rahul

        Nice to see you being proactive here. Do let us know about updates from your products. Will be adding paytm / wallets as payment option?

        Reply
      2. Rahul

        Hi Rahul,

        As a team member for CRED would like to know why would you want access to email accounts?

        Havent seen this request from any of the apps till date.

        It can be a deal breaker to download the app.

        Reply
      3. AJAI

        Thankyou Rahul for the suggestion but it has mostly been taken care off. I received a refund of the amount and have deposited the bill with net banking. The only remaining thing is to get a waver for the late payment which I will handle.

        Thanks again

        Reply
  26. Ashwin

    The Bombay Shaving Co gift voucher is now revised to Rs 750 for the same number of points. They are showing their true colours now? I don’t trust them and have not given email access nor will give even if their is a bait.

    Reply
    1. Siddharth Post author

      Yes, i noticed that. Maybe too many availed it.

      P.S. Remember, we’re getting this just for paying bills. Meaning, something is better than nothing!

      Reply
    2. Rohit

      The ixigo 5K voucher was initially for 1.5 lakh points and a day later got increased to 2 lakh points, so yes they are revising these constantly.

      Reply
    1. Vijay Athreyan R

      They are not storing CVV. Just confirmed from their Chat support

      Reply
  27. Himanshu

    Paid my HDFC and yesbank card bill. Hdfc was instant while yesbank still payment is not reflecting. Got Rs 203 for HDFC bill payment.

    My Experian score is 865 while crif is 758. Shocked to see good score on Experian as no bank is reporting enquires made.

    Reply
    1. Amar

      I can’t Ixigo anymore after I redeemed 1 of it. How were you able to get 3 vouchers?

      Reply
      1. Mouli

        I redeemed 1 Ixigo voucher and cant redeem further, how you got 3 vouchers and you mentioned 3 different account,for the same mobile number you created 3 different accounts?is that possible?

        This limitation by cred is frustrating that you can redeem a voucher only once .
        If you make huge bill payments then except Ixigo vouchers you dont have any other options to redeem for 2Lakh points

        Reply
  28. Mouli

    Sid,
    There is a catch here the amount 170 you earned by using the scratch card is not applicable for customers from Tamil Nadu

    Reply
    1. Siddharth Post author

      They all got credited. I don’t think they’re limiting any offer location wise. Or do they?

      Reply
      1. Siddharth Post author

        Ignore it. It’ll work. Cross checked with our dedicated concierge at CRED πŸ˜‰

        Reply
        1. Mouli

          Sid,

          Thanks for the confirmation and it worked for me also. I got the credit in my account

          Reply
  29. Ajay

    @sid whos DCB Brother for debit cards? Highest reward point to pay the bill.My debit card has never seen a swipe machine just the ATMs πŸ™‚

    Reply
  30. Hiren

    On another note, it seems you can only purchase the rewards once. I got a BSC 1000 voucher and an UrbanClap voucher (5000 points -> 1000 Rs./-) however I still have balance points I can potentially burn, but can’t see these 2 vouchers anymore under rewards section.

    Reply
  31. Mayank Agarwal

    Paid Rs 5000 for ICICI CC bill just to test the things…payment credited instantly…and earned Rs 1000 as additional credit!

    Reply
  32. rajeev

    Tried out the app. Had some UI problems while doing sign up like next button not appearing after entering phone number. But things were smooth after retrying.

    It could map my phone number to fetch HDFC, Amex and SBI card but not Yes bank one which I later added manually.

    It showed my experian score as 827 and Cref 799. Does anyone know what’s the difference between the way two are calculated ? Not sure why cref is lower. Last time I checked my CIBIL score, it was 820.

    Reply
  33. Sanket

    Ive noticed for the Cred Expert feature one can only add gmail account. I get all my cc statements in my outlook account. I probably would not want to give the app access to my outlook anyways but Im thinking if I simply forward the statement related mails to a throwaway gmail account would that CRED Expert feature still work?

    Reply
    1. Siddharth Post author

      Yes, that should work. Make sure to do auto forwarding than manual.

      Reply
      1. Animesh

        I wonder, why they need email access for card statements? Suppose, they got access to email, now how they are going to access those statements? Credit card statements are always came as encrypted with password. And Amex never sent statements in email as attachment. They just sent a notification.

        Reply
      2. Hitesh Kakkad

        Auto forward is not working.. I’ve tried already..

        Created new email
        Fwd all cc statements by using auto forward
        Stmt received.. But not detected by cred..

        Then liked the actual account & it read instantly..

        Reply
  34. Zakir

    Many CC holder including me here reluctant to give access our email account to Cred. Sanket’s idea of a separate email account is really good. If it works we will able to share statements without compromising our personal data.

    I think Cred should come with an alternative solution otherwise people may not use Cred as expected.

    Reply
  35. Anuj

    Dear Sid, its always a pleasure to read articles like these.
    Which debit card would you and Dr Roy suggest to pay these bill to get the maximum value.
    Cheers

    Reply
  36. surya kiran

    With Cred, we can pay credit card bills by debit cards.Why can’t you make a blog on best rewarding debit cards or mention in the comments πŸ˜€

    Reply
      1. AJAI

        +1 about the most rewarding debit card list.

        I too have upgraded from Preferred platinum debit card to a Jetprivlage debit card “FYF :)” specially for this reason.

        Reply
          1. Gagan

            I think he meant “First year free” buy FYF. Leant from HDFC website.

  37. Ramesh Padmanaban

    Thank Siddharth for the new find. I installed it and was able to access the map. I updated the app. Later, while logging in, it is asking for CRED Secure password. I have not given any password. Does anyone experience the same problem ?

    Reply
    1. Omkar

      Hi Ramesh, it should be the password you routinely use to unlock your phone.

      Reply
      1. Ramesh Padmanaban

        Thanks for the reply. I normally use a pattern to unlock the phone but here it is asking for a numeric password. I have escalated the issue to CRED support.

        Reply
        1. Ramesh Padmanaban

          The support team asked me to enter new password twice and problem was solved. Thnx

          Reply
  38. Sameer Khurana

    Fantastic concept of rewards against credit card bill payment. However, this makes me wonder how these guys would be earning. Also just my mobile number is enough to get my credit card details? This scares me.

    Reply
  39. Raj

    What are the credit card score ranges for Experian and Crif? It’s weird that in the app my Experian score shows 900 and Crif 770.

    Are these even real scores?

    Reply
  40. Arjun Jayasimha

    Has anyone tried the redemption of recliner on Furlenco or 10k on urban ladder? What are the terms and conditions of these redemptions?

    Reply
  41. Anitha

    I tried this app. I have entered my name and phone number initially. But it says i am ‘wait-listed’. I will be informed if there are any slots to add me. What is this? i don’t understand. What slots they need. Is it restricted membership kind of app. Somebody through some light on this issue.

    Reply
  42. Rajesh Kodityala

    Thank you Sid. I have many such apps but didn’t take risk to give the credit card details.. As i am following you from long time with trustworthiness of you i installed app. And got 896 points, so it seems i have good credit score.

    Reply
  43. Prashant Gupta

    I only got a discount of Rs.627 on the order for a voucher value of Rs.750 for Bombayshavingcompany……strange

    Reply
    1. Sharathkumar Anbu

      You won’t be able to pay tax component using that voucher.. Taxes has to be paid by real money

      Reply
    2. Priyank

      Better you add one face cream/ face wash as well and use my Referral code along with the gift voucher ‘PK3IKA’ to get extra Rs. 200 off.

      Hope it helps.

      Reply
      1. Priyank

        If you are able to get Rs. 1000 voucher. One of the best way to redeem it would be –
        (Combo of Face cream + Face wash) + ( Pack of 4 soap) = Rs. 1290

        Now use the welcome voucher from Cred and Referral code mentioned above.

        Net total you’ll have to pay will be just Rs. 90

        I hope you all make the best use of this πŸ™‚

        Reply
  44. ankit verma

    I applied for CRED and it shows me in waiting list… how much time will it take to move me from waiting list to a registered user.

    Reply
  45. Priyank

    Hi Sid,

    Can you please confirm if there is any expiry to these Cred points?

    So that we can plan to accumulate and use to get max benefit appropriately.

    Thank you.

    Reply
  46. Prabhat

    Hi Sid,
    Thanks to introduce us to this new App. I have installed and joined. My experian score is showing NA but CRIF is 805. I have got 885 Cred point and Rs. 600 discount voucher offer on Ixigo.

    Reply
  47. Nihar

    It would be interesting to see how dynamic they are with regards to this Credit Score part , as it is based on historical creditworthiness ; anybody with 800 score on Experian can also default in future . What CRED needs to do is periodically check for the scores of registered users / wait-listed users and be dynamic .

    Reply
  48. Prashant Gupta

    i have Axis priority debit card. It has an offer of 10% cashback upto Rs.2500 per quartre if one spends above Rs.20000 online except wallet payments. I have never availed this offer though as i am a credit card guy. Lets see if i get the cash back.

    Reply
  49. Varun

    Thanks Sid for updating us on this wonderful app. Installed the app. My Experian score is 820. Paid around 4.5 Lacs of pending bill. Redeemed for 2 ixigo 5k voucher and cash of about 234 rs.

    Reply
    1. Mouli

      Varun

      I redeemed only one ixigo voucher for 5k then I am not seeing ixigo option, how were you able to get 2 vouchers and when you did the redemptiom ?

      Reply
  50. Vaibhav

    does a ny axis or hdfc debit card give cahsback points on paying credit card bills on this app?

    Reply
    1. Srikanth V V

      Hdfc it didn’t give any cashback points. I have tried twice with hdfc platinum debit card

      Reply
  51. SHILADITYA CHAUDHURY

    I will try out this App.
    But please be aware of providing permissions to your emails. It is really scary to think of how that can be misused. No point in sacrificing privacy and security just for a little convenience.

    Reply
  52. NIKHIL GUPTA

    Got 889 Points as initial Setup reward equivalent to my Experian Score redeemed 600 ixigo voucher for 10Points 😁, didn’t enable Email access, have another doubt in my mind , for my SBI & Citi card it asked for only 6 digits but for ICICI & Yes Bank it asks for entire 16 digits , why is it so?

    Reply
  53. Dipesh Saraf

    which are the coupons/offers which can be used redeemed repeatedly ? in the rewards section.. looks there is considerble restrain on the numbe of time the coupon can be redeemed…

    Reply
  54. Mohan

    Did anyone benefit by paying thru debit card, i try on HDFC and YES debit card, no points.

    Reply
  55. Abhi

    Sid, it seems like you and everyone else are comfortable handing over CC number to a third party (on a platter) Am I the only one who feels paranoid about it ? How safe is it to share CC number (which we are NOT suppose to share) ? Payment gateways are different thing, we can still trust them (I don’t even save my cards on any websites, that is why all my Amazon orders are postpaid)

    Reply
    1. Jas

      Hi Abhi,
      There are people who dont want to buy credit cards at all and then there are some people who want to enjoy the benefits of using a cc. Same product different people different perspectives.

      A credit card number without exp date and CVV is not harmful and moreover even if the card number getting misused you can raise a complaint with the CC company and they would reverse the transaction as all the CC transactions are usually approved and posted on the card in t+2 days.

      If we are getting the rewards at a rate which is more than 5%, i think it is worth the risk.

      If you think that CC company would not be responsive to your complaint.. get an AMEX and then use it here:)

      Regards Jas Singh

      Reply
    2. Siddharth Mehta

      Credit card number without expiry date and OTP/secure password are useless to them, nobody can misuse the card. Even if they do, as mentioned in the previous response you can raise a dispute with bank and get them to reverse the charges. I was amazed to see your last line. You have never used credit card offers on Amazone? By postpaid, I believe you mean use COD always. I would say you are being overcautious here. With 2FA, India issued credit cards are one of the most secure ones.

      Reply
  56. UnderstandingCredit

    Hey I won Rs. 554 in one shot for 15000 cred points… super happy πŸ™‚

    Reply
  57. Anirban

    Interesting app. Went for the bombay shaving company gift card of Rs 750. It seems a trial based offer and now that i availed it, its no longer there. Will go for the other ones as well .

    Reply
  58. Dev

    Hey! I wanted to know that the payment i will be making will be reflected on what name in my debit account? Like the app or the Credit Card Bank?
    Please help

    Reply
    1. Sharathkumar Anbu

      In my account, it is shown like “Dreamplug Technologies PV”, Sometimes “PayU”

      Reply
  59. Madhusudhan

    Those who have given access to email with a dilema, can delink the access with a built in feature of cred app. This can be done through profile-settings- delink email.
    I have done this .

    Reply
  60. Sarthak

    This is some next level insanity! Thanks a lot Sid for sharing this!!!

    I installed it a couple of days back. Redeemed and used vouchers of Bombay Shaving Company (750), Urban Clap (500), The Moms Co. (500), The Mans Company (1000; no shipping charge :-D), BMS (250).

    When I checked yesterday, saw that they had 1 more voucher of Bombay Shaving Co., (1000) and Urban Clap (1000). Redeemed and used them as well.

    That’s not it. Got 2 x Ixigo vouchers (600+1000), Bombay Shirt (1000) and DriveU (500).

    So got items/services worth 5000 for just paying my CC bill worth 50K !!!!! That’s 10% value back already and yet to redeem 6% more. Overall 16% value back. MIND BLOWN!!!

    I hope Jet Airways doesn’t go out of business as I’m planing to upgrade my HDFC Platinum Debit card to Jet Airways one.

    PS: I didn’t give them email permissions and never will.

    Reply
    1. Anirban

      Thats cool. I didnt find that 1k bombay shaving voucher in the app. Already availed the 750 one. Lets hope it pop up soon for me as well. Excellent find Sid…. thanks.

      Reply
  61. Ashish Nikhare

    My Diners Clubmiles Credit Card Limit was increased by a mere Rs. 23,000 /- after sending a copy of my Indusind Bank Legend Credit Card at their Chennai address, whose limit was recently increased to Rs. 7.25 lakhs. Struggling to get Rs. 5 Lakhs Limit & upgrade to Black as well.

    Reply
  62. Satish Kumar Agarwal

    Got 445 jp miles today for paying 33445/- worth card bill through Jet HDFC debit card on 27 november.

    Reply
  63. dhara

    This is strange no one talking about privacy !
    When we sineup we are giving permission to access our Credit score and report from three different buro like CIBIL, Crif, Experian for 12 months on behalf of us this is major point but every one ignoring this these are the same people who talk about Aadhaar Data privacy

    Reply
  64. Priyank

    Does anyone have an idea, under which merchant category/ code does Cred app payment (PAYUDREAMPLUG) fall under?

    Reason for asking this – we can maximise our benefits further by using appropriate debit card.

    Please advise.

    Reply
  65. Aayush Chawla

    Hey,
    This app is great, I’ve already recommended over 10 people to join, unfortunately they don’t have a referral program πŸ˜€
    It’s better to redeem the points ASAP as they have started devaluing the redemption.
    Example: BSC now gives a voucher of 750 instead of 1000.

    Regards,
    Aayush

    Reply
  66. KRISHNAKUMAR

    Ixigo Voucher of Rs 5000 gone. Only Rs 1000 and Rs 600 is seen now.

    Reply
    1. Sharathkumar Anbu

      Nope. I still see the ixigo voucher of 5000 Rupees. May be if you have redeemed the 5000 rupees voucher already, it may not show up.

      Reply
    2. AJAI

      Mine increased from 90days validity to 120days so I have another month to gather points for the 5000 off

      Reply
  67. Vimal

    Experience Of CRED Customer care:

    Wanted to know the validity of CRED points so dropped them a message from the App.
    Was pleased to get a call back from customer executive, who had answers to all my queries, was forthcoming on my suggestions to show validity in the app itself for expiry of points. Exiry is FIFO method. Also, the conversation was very much on the lines of Amex Customer support- knowledgeable, warmth, open to suggestions! Hope they have similar executives which would be an enriching experience to use the App.

    Reply
  68. Sravan

    Has anyone used bookmyshow voucher? I am getting an error that the coupon code is not activated.

    Reply
    1. Srikanth V V

      If you trying it in the “Credit Voucher” section, it won’t work. Instead you should click “Unlock offers or Apply Promocodes”-> “offer codes” and then apply the voucher there.

      Reply
  69. Shahil

    I am giving away The Man Company coupon worth 10,000 CRED points which will get you Rs. 1000 discount on their website, but you will need to spend 1,750 to redeem this coupon. I bought this by mistake and didn’t knew there is a condition on this, hence giving away the coupon so that someone who might actually be using their products may get this discount.

    The coupon code is : CREDTMC-2vm8an

    Regards,
    Shahil

    Reply
  70. Amar

    Guys – need to know if any bank debit cards are giving reward points on payments through CRED.
    I tried payment using my Citi Gold debit card, but they are not giving points on transactions where it says CRED or Dreamplug. On a couple of smaller transactions, where the name was payu, I got points but now all transactions come as CRED.
    How about ICICI, HDFC etc?

    Reply
  71. Saurabh

    CRED coins will expire automatically after a lapse of 90 days from the date of allotment.

    No matter you pay 50k or 10 lac per month, burn the points quickly as they are valid for 90 days only

    Reply
  72. Jayesh Kumar

    I believe the best payment option is via CitiBank Priority World Debit Card, gives 1.33% cash reward. Citibank has a referral program as well, if interested get in touch with me.

    Reply
    1. Priyansh Modi

      Would be interested for sure. Though I guess there would be some high min balance requirements?

      Reply
    2. Ashwin

      Are you getting points for CitiBank Priority Debit Card? Read the comments here that Citi Gold debit card does not get any points. Can you tell more about the referral program as well?

      Reply
  73. Pratik

    Thanks Siddharth!

    With your help and introduction to cred i was able to pay my bills and redeem Rs.5000/- ixigo flight ticket voucher.

    Ps. Because of you I now have 7 credit cards and miles to Travel world.

    Reply
  74. imran

    they have added sunburn festival vip pass worth Rs. 9999/- for mere 75000 points. that’s cool. i

    Reply
    1. Satish Kumar Agarwal

      Me too. already got 445 & 319 jp miles in 2 shots so far via this Jet HDFC debit card. Hope they don’t stop rewarding jp miles here anyime soon.

      Reply
      1. Anshul

        It takes 40 working days for JP miles to reflect in JP account for spends on HDFC Jet Debit card.
        How are you able to check so early?

        Reply
        1. Satish Kumar Agarwal

          Via Jet Privilege app I see jp miles posted in approx 10-15 days.

          Reply
          1. AJAI

            Where is this app located?

            The only app I can find on the Play store is JetAirway which does have a Jet Privilege section but it does not show anything till now “been 20 days after transactions”. Do guide as to where to see/download the app.

            Thx

          2. Anshul

            I don’t think there’s any jetprivilege app. Can you share some more details of what you’re talking about?

          3. Satish Kumar Agarwal

            @Ajai n Anshul

            Sorry for mistake. I was actually talking about Jet Airways app. On selecting jet privilege option under app, further select activity details. On this page I see the miles posted on 02.12.18 for cc payment done on 27.11.18. My debit card is Jet Mastercard variant. Thats pretty fast.

        2. Anoop E S

          Nope. The payment made on 9th December, I’m seeing today on 19th December (don’t know when they posted it) with value date 14th December.

          Reply
  75. Amann

    Hi Sid

    I suggest you use DCB debit card (No, not dinner debit card). But if I’ve seen a debit card worth using here. It’s this.

    It’s from DCB Bank (or Development Credit Bank) and I suggest you take the family account. Rs. 1 lac min. balance to be maintained accross upto 5 savings account.

    What you get
    1.6% cashback on debit card spends up to 2,000 pm. Max 20k annually. This means 20k x 5 accounts = 1L annually just for using a debit card. If you don’t want family accounts you can get the same benefit (20k) at 50k min. balance as well (elite account).

    Sid, I believe they have branches in Salem as well. Do check it and let me know what you think.

    Reply
    1. Siddharth Post author

      Great find Aman. Yet, i’m not really interested in adding more accounts as managing existing accounts itself is taking quite a lot of time these days.

      Reply
      1. Amann

        Hi Srikanth

        Cashback is given in the month after end of the quarter. Will let you know in Jan 2019. I’m fairly certain of getting it.

        Reply
          1. Priyank

            Hi Amann,

            Any updates on this?

            I have got just the interest credited to the bank account.

            Can you please let me know usually by what date will the bank credit the cashback?

            Thanks

          2. Srikanth V V

            Hi Amann
            Did you get the cashback using the DCB card here? Seems like many people are waiting for your answer.

    2. Priyank

      Hi Amann,

      Can you please confirm if the 1.6% cashback is applicable on making transactions using Net Banking and NOT Debit Card as well?

      Thanks.

      Reply
  76. vatsal agarwal

    The redeemable rewards seem extremely dynamic. I saw the rs. 1000 Bombay shaving company voucher on one day. Next day i paid my bill and went to get it to find that there were no vouchers left!!?? Witnessing a lot of churn in the options available. Hoping to see the bsc voucher again soon though..

    Reply
  77. jitendra kumar saraogi

    i paid icici bank card thru axis bank debit card on 3/12 but same was credited on 7/12 thru upi and late payment and interest are also debited due to late payment.whereas i see below in above article-

    Instant: HDFC/ICICI/AXIS/SBI (payments processed via IMPS/UPI)

    so please if anybody can help.

    Reply
    1. Shivi

      I have the same issue. Payment made via HDFC debit card towards HDFC credit card on December 14 is still not reflecting as a credit.

      Reply
    2. Ashwin

      Though it is supposed to be instant with HDFC/ICICI/AXIS/SBI, I see that it can take upto 2 working days (sat/sun is excluded) for payment to be credited and reflected in your account even for my ICICI and SBI card. I would suggest you to pay 3 days in advance for ICICI or pay directly using ICICI debit card.

      Reply
    3. Amex Guy

      I don’t see how can it possibly be instant if you’re paying with a debit card, unless CRED gives you a short term loan. When you pay with debit card, it can take upto 7 days (usually 2-4) for CRED to get your money, they can then IMPS.

      I’m fairly certain for instant transfer you need to use net banking.

      Reply
      1. Siddharth Post author

        Yes, CRED uses its funds from escrow to credit the user ac instantly. They actually get funds in ~3 days, even for net-banking payments.

        Reply
        1. Ebin Johnson

          I use Citi debit card to pay and the payments are getting reflected next day for Amex. The amount in Citibank account is earmarked. Question is – will we get interest for this amount?

          Reply
  78. Sanjay

    hello Vatsal
    yes your right it is dynamic ,same thing happened to me ,while looking for bad voucher rewards

    Reply
  79. Sumit Kumar

    Payment deducted but not credited to credit card. Poor support from customer care service.

    Reply
    1. Sharathkumar Anbu

      I don’t accept the statement of poor support from customer care service. When I faced an issue with payment, they were following up every day and keeping me posted on what is happening and resolved the issue as good as possible.

      Reply
    2. Shivi

      Payment is taking 3 working days to reflect under card statement. Hold on to your horses!

      Reply
  80. Ashish Nikhare

    Sid, you have an Indusind Exclusive debit card. Have you tried paying with it. Are you getting 6X rewards with this card ?

    Reply
    1. Abhishek Roy

      Yes. I can confirm that I got the points for my CRED payments. In total, maximum points that you can earn is 3000/card/month.

      Reply
      1. Shivi

        I used that card and didn’t get 3k points; got 2.5k. Sent an email to Exclusive customer care. Awaiting reply!

        Reply
  81. Ashwin

    I don’t want to use my Bombay Shirt Company Coupon. Here is the Rs 1000 gift code: OD7894
    πŸ™‚

    Reply
      1. Sharathkumar Anbu

        Hurray! I got 1000 rupees cashback on burning 1000 points to my HDFC card. I just can’t believe this!

        Reply
  82. SRIKANTH NALLA

    total benefits from this cred till today 25K ..Enjoyed this cool app

    Reply
  83. ravi shankar nagar

    oh god cred removed 5k ixigo voucher?? yesterday i saw but thought next day i redeem as i got 200k coins but this morning shocked how they removed it?? is there any chances to get back offer

    Reply
    1. Sharathkumar Anbu

      I think the Voucher gone out of stock. It came back again today.

      Reply
      1. Ashwin

        I checked today and it was there. The moment I paid a bill and hit 200k coins it disappeared for me.

        Reply
    2. Prashant Gupta

      Its not there now. Was there for only 2 days….i really wanted to redeem for new year. Would have saved 5K Rs. πŸ™

      Reply
  84. Amann

    Seems they are on a roll giving everyone Rs. 1000/- cashback. Merry Christmas indeed. πŸ‘Œ

    Reply
    1. Siddharth Post author

      Cool. Rs.236 is the max i’ve got so far in single redemption!

      Reply
        1. Sharad

          I got 1000/- just now, its refleting my reward history but didn’t receive the sms confirmation. Generally, I receive sms confirmation for all reward earn transaction. Any catch???

          Reply
          1. Shivi

            Maybe you have to send them 900 INR before getting 1k in your account :p

          1. Aryansh

            150 in each transaction is quite good, I only get in range of 11-16 bucks in 95% transactions. While minimum is 7 and maximum is 48. More than 20 transactions.

      1. Abhishek Roy

        I’m jealous of this β‚Ή1000 rewards. I usually get β‚Ή14, 12,45 such meagre amounts. But still I’m happy. Something is better than nothing. πŸ™‚

        Reply
  85. Sharathkumar Anbu

    Hi,

    I am giving away the Voucher for website bhaane.com, If any body needs please use it.

    Voucher code: rm0pibwx1u (INR 500 gift voucher)

    Thanks

    Reply
  86. Atul

    If anyone is interested in Grofers 10% off then they can use the below code:
    GRF3D3V6XKC

    Reply
  87. Satish Patil

    If someone wants to use the Bombay Shirt company voucher for INR 1000, here is the code : 081E7B

    Cheers

    Reply
  88. Ashwin

    I am giving away the Voucher for website bhaane.com, If any body needs please use it.

    Voucher code: j7ck52526a (INR 500 gift voucher)

    πŸ™‚

    Reply
  89. Shahil

    I got a MarQ 32″ LED TV for FREE with the new year offers using 10,000 CRED points. The LED is worth around 10,000 rupees!

    This was my best redemption ever with CRED.

    I run a home appliances showroom, where I will probably sell this LED for 10k cash.

    Yay!

    Reply
  90. Amann

    Cred seems to be losing its charm. The app says new rewards everyday at 11 am but there are only the same old ones….

    Wish they added new rewards which we can actually use. Not the current list of unusable vouchers.

    Urban ladder, Airbnb, UberEats, Freshmenu, Myntra, Stylecracker, Caratlane, Bombay shirt company, Flyrobe etc.

    All these & more aren’t of use to me. The only voucher that may be of actual use could be the Ixigo voucher which is limited to flights.

    Reply
    1. Ashwin

      You are right. I now use the CRED only for the Kill the Bill and for the fact that I can use my Debit Card (can earn points).

      Reply
        1. Ashwin

          I’ve a SBI Signature Debit card with 0.75% reward rate. I can tell that I definitely get points for CRED transactions.

          Reply
          1. Siddharth Post author

            Are you referring to the one issued with Exclusif ac?

      1. Sanjay

        I tried Yes Bank and SBI debit card, earned points on none. Which card gives points on Cred payments ?

        Reply
        1. Atul

          Yes First World debit card definitely gives points. I have confirmed it.

          Reply
        2. GTMAX

          Yes Bank Debit cards do earn points but it is extremely low with 0.125% reward rate.

          Reply
  91. Yogender

    Seems kill the bill is now restricted. I made multiple payments but got just one cashback for 1000 coins

    Reply
  92. Bhaskar Kalepalli

    Hi,

    I made a credit card payment through ‘Kill the bill!’ option, the status saying failed, but amount got deducted from bank account and Today is the last due date for my credit card payment.

    Could you please help me on this, my Txn id: WDKQPV15Y7.

    Reply
    1. Amann

      Check with Cred Bhaskar. Only they can help you. Also, have you set up instant refunds?

      Reply
  93. SeethaRaman V

    If anyone is interested in Grofers 10% off coupon, then use mine below:
    GRF1V7LJQ2L

    Reply
  94. Prashant Gupta

    Useless vouchers now…..me and my friends used the blue tokai voucher. The cafe knew about it and redeemed it instantly for any coffee on menu. So saved around Rs250 for 2000 points.

    Reply
  95. Raghunandan

    I made a payment on 31st Dec for 1.25 Lakh but my payment is not reflecting with Standard charted. Be aware.

    My β€˜Kill the bill!’ credit for 3 transactions is also pending. I get elusive replies and all good vouchers are gone.

    Be aware for a small bait we should not end up paying late fee and penalty interest and taking a hit on our credit score.

    Reply
    1. Amit

      I have also paid 11k to my citi card and it got stuck. Now they are not reply to my emails. Just sending automated emails every time I raise ticket which is good for nothing. Now I am charged with LATE FEES.

      Reply
  96. Priyank

    The 1.6% cashback from DCB Bank – Elite Savings account has been credited to my account today.

    Happy to know this πŸ™‚

    Reply
    1. Amann

      Got 2000 per month credited to all my family accounts 😊. DCB family debit card πŸ‘Œ

      Reply
  97. AJAI

    Grofers GRF2S4L0QOI “10%”
    Ixigo CRD9WXVN9P “600 off”
    Bombay Shirt Company 731DAP “1000 off”

    If that ixigo 5000 does not come soon i will cash-in all the points in a few days.

    Reply
  98. vicky

    I have made a payment of 12k towards my hdfc bank credit card through cred app.
    tomorrow is the due date for the payment. How long will it take for the payment confirmation from hdfc? i dont want to pay any late fees.

    Reply
  99. Sharathkumar Anbu

    CRED Customer care has gone very bad now. Now there is no live chat and only email support. I raised a ticket on December 28, 2018 and I haven’t got any reply yet.

    I am just afraid to make bill payments going forward in this app. What if the payment is not credited and no body is responding to customer tickets like this? Last time when I had payment issue, Someone from CRED team was following up with me via Call and keeping me posted and I really liked such customer service.

    And now, it’s completely opposite. Getting poor day by day. Don’t know where it gonna end.

    Reply
    1. Siddharth Post author

      You can tweet to Kunal directly on worst case scenario πŸ™‚

      But generally speaking, payments can never be a problem. Either it gets credited to card or gets refunded. Only problem could be “delay” at times.

      Reply
      1. Sharathkumar Anbu

        The “Delay” is the bigger problem for many of the people. I generally clear the dues at least 5 days before the due date but the problem is the frustration we get when no body responds to the tickets raised and no response even after a week.

        That’s a very bad customer service IMHO

        Reply
        1. Ramesh Kumar

          I’m also facing similar issue, but status shown as credited to bank. Raised ticket, not no response to now.

          Reply
          1. Ramesh Kumar

            For me it’s credit on third day, so issue is solved for payments done till now. For the raised support ticket got kind of template message, after 5 days saying revert to us if still issue persist. In order to avoid late payment charges, I have decided to make payment 4-5 days before due date if using CRED app, so that some kind of assurance will be there on receiving card payment before due date.

            Yes, their just ~1.5 month old and maybe usage volume of CRED app might be beyond their expectation, so internal technical issues due to huge volume bond to happen. But they can improve their support team in giving proper tentative dates by when they’ll come with resolution.

          2. Siddharth Post author

            I checked with CRED on this. They’re equipped well to handle high volume, but i was said this issue was related to payment gateway.

            P.S. Have updated the article with safety/security/payments related info.

  100. Surya

    HDFC Jet Debit card has stopped giving miles I guess πŸ™ Made transactions on Dec 20 & 22, but miles not credited until now. It was crediting until Dec 19. Has anyone received miles after Dec 23?

    Reply
    1. Siddharth Post author

      They did not stop, but they’re taking longer than usual. These take it takes ~10 days to reflect, earlier it used to be within a week.

      Reply
      1. MOHAN

        No, seems they stopped, I almost paid 10l worth credit card bills using credit on Dec 16, till now no miles posted. I’m checking the miles on jet airways app on privilege section

        Reply
        1. Siddharth Post author

          I did txn after Dec 16 and still got points. Well, it appears that HDFC monitors high value txn on debit cards too, just like credit cards as someone other day said he didn’t get points for his high value car purchase.

          Reply
          1. Sharathkumar Anbu

            I didn’t get reward points in Indus Ind debit card for transactions which says “RAZ*CRED, 404, UPHAR CMumbai”. I asked the customer care, they said that the transactions are marked as not eligible. I have raised a ticket to understand about what is the problem and why those transactions are excluded from reward points

            2. I got reward points for the transactions which says “PaymentsPayU Mumbai”, “CRED Bangalore”, “Dreamplug Technologies”

            So they might be using different payment gateways and with one of the above Razor pay payment gateway, there seems to be some issue with reward points. Waiting to hear from IndusInd customer care.

    2. Satish Kumar Agarwal

      I have received jp miles for payments made on cred till 26th december on 2nd January.

      Reply
  101. Anirban Roy Chowdhury

    Running out of options now on how to burn the cred coins. πŸ™‚ Ixigo 5k voucher is also gone. The remaining ones are not that attractive. Cred needs to bring in more reward options to get the charm going i guess. But anyway before cred we hardly imagined credit card payments will bring in some value as well.

    Reply
    1. Manu Vikram Singh

      Cred has very few value for money rewards options other than Urbanclap as of now. However, I wrote to their team suggesting to bring in Uber and Zomato vouchers. To my surprise last week after making payment via CRED I got the option to burn coins to get Uber gift voucher and I happily took it. Its much more useful than many other options available currently.
      Next on my wish-list about which I am definitely going to write to them are vouchers from
      Amazon, Flipkart, Makemytrip, Yatra, Bigbasket.

      Guys please feel free to add more to above wish list.

      Hope to see Cred come up with these options soon.

      Reply
  102. bhunesh

    i have score of 879 on experian and still on cred i am on watchlist… can any one help me out…

    Reply
  103. Surya

    Is there any upper cap for Jet HDFC debit card, as like Jet ICICI Sapphiro card?

    Reply
  104. Maulin

    My payment to cred failed on December 20th but the amount got debited from my bank. The customer support has claimed to have already sent the refund and they have given me 2 different reference numbers. My bank is unable to track either of the reference numbers. Now they have stopped live chat and moved to a ticket based system. I was supposed to get a reply from them to my ticket in 24 hours but they haven’t gotten back to me.

    I have emailed and tweeted Rahul about the issue. I am quite disappointed with their service. If they are slow in processing refunds, it is going to be a real problem for people who have tight cash flow.

    I will reply to this comment if I get any updates from them.

    Reply
    1. Maulin N Tolia

      Update on jan 5th – Rahul called me in an hour of emailing him and the matter was resolved. He acknowledged it was an internal issue that they should have detected earlier.

      I am happy that Rahul responded and tackled the issue quickly. I will continue using the app but they should improve their regular customer support channels.

      Reply
  105. Manoj Pandey

    I made the paymet of yes bank credit card payment is deducted from my account but did not get confirmation still payment is neither credited in my yes bank card account nor reversal in bank account no way to talk with customer care to solve the problem i log the complaint throgh chatting option but no response got till now I am comfused what to do ???????????????

    Reply
    1. Siddharth Post author

      Appears that the issue has been solved now.

      P.S. Its safe to do the txn a week before due date.

      Reply
  106. Pratibha

    Nice app, but what’s the difference btwn this app and mobiwik app and cred same process where money would be in form of voucher on luck refund/reward would be received, wherein if u check phonepe and Google instant refund in bank account. Sir why do wait for luck instead believe in getting instant reward for Ur transaction.
    Regards,
    Pratibha nayak

    Reply
    1. Prashant Gupta

      Cred is totally different from MobiKwik. Mobikwik and phonepe are wallets where as cred is a card payment app. U get points from payment which can be used to get vouchers. MobiKwik is the worst wallet of all and phonepe does not allow to load momey through credit card again a useless wallet. Paytm is the market leader and best and now they have started postpaid again and market first and killing feature. U can use it as a credit to make payments and clear dues later.

      Reply
      1. Gagan

        Paytm Postpaid is for selected users only I think. Also not really market first – already have Lazypay, Simpl, PayLater etc being there.

        Reply
  107. SH

    Today I redeemed an Urban Clap Rs 500 voucher, and got a Swedish massage at home. The price is 1099, so I had to do a 599 out of pocket expenditure. It was an hour long session and so rejuvinating.

    Reply
  108. Manu Vikram Singh

    Voucher giveaway, please use if any one needs

    Ixigo – Rs 600/- Instant off
    Code: CRD2CVD0AV
    Expires on 17th Jan

    Grofers – Flat 10% off
    Code: GRF9FJEFBNX
    Expires on 31st March

    Reply
  109. Chasin

    I have recently sign up for CRED app, but it is showing I am in waiting list and they will add me once more slot is available. Is anyone else is having same issue?
    My Experian Credit score is 779. Is it because of low score?

    Reply
  110. Ramesh Kumar

    All my payments done for HSBC credit card is reversed, when I spoke to HSBC customer care they said that payments are not authorized or marked suspicious by HSBC and asked me to pay only through billdesk or NEFT or VISA CC payment. First time facing issue like bank won’t accept payments, due to above reason and don’t know how long it’ll take to get the reversed payment to source. I have raised ticket to CRED support, will see what they have to tell.

    Reply
    1. Ramesh Kumar

      Update: refund done within 1 day directly into account number given for refund via IMPS. Support team said within next bill payment, they will solve the issue with HSBC.

      Reply
      1. Gagan

        Thanks Ramesh for update.

        Indeed interesting to note that HSBC has such strong controls.

        Reply
      2. Mouli

        Ramesh,

        I have made payment to HSBC credit cards in December and one week back also and payment was successful for me

        Reply
        1. Ramesh Kumar

          If you pay as multiple payments, it’s getting canceled by HSBC saying suspicious. This month my billed amount is 61K, I made as 20+20+20+1 on same day to get better killbill reward from CRED.

          Reply
  111. Prashant Gupta

    Swiggy Super 12 months membership up for grabs for 15k points thats worth Rs.520 if we purchase 6, 3 months memberships. My 3 membership recently expired will take this. Its worth the money. Free deliveries, frequent discounts offered, no surge fee etc.

    Reply
    1. Prasenjit

      I too purchased this in Crd by redeeming points. And it is saying “Activated” in Cred. But I already have a 3 month membership of which 2 months are still left. So in my Swiggy account there is no reflection of it. The TnC in Cred says if you have existing membership, then you will be able to purchase a 1 year membership by paying Rs 1. But now I have to wait for 2 months to see what I purchased now is actually Activated for me. Lets hope it works fine after 2 months

      Reply
  112. Ar Arbit

    While signing up for Cred, they pull the data from credit bureau. Does is it also mark an enquiry on Experian and Crif score?

    Reply
  113. Ar Arbit

    Hi Sid, thanks for this amazing article.

    I tried to pay using debit card, but I didn’t receive any additional points. I got points to amount paid only. Is there any other condition to get extra points from debit cards?

    Reply
    1. Gagan

      The debit card points depend on offers as applicable on the debit card.

      Say for example, some cards give reward points only on specific merchant type – say departmental stores. And for same, they identify by MCC and decide points.

      Currently, very few Debit Card offer good reward points. Few to name are (as from comments in this post):
      DCB Bank, Axis Priority, HDFC Jet Privilege, IndusInd Exclusive, SBI Gold

      Reply
  114. Anand

    Any giveaway for ixigo coupons I am happy to receive either 600 or 1000πŸ˜€

    Reply
    1. Ebin Johnson

      Anand, ur wish is granted. Ixigo 600
      xxxxxxxxxx
      Sid, pls send this to Anand, if u know his email I’d.

      Reply
  115. Akil

    Does anyone getting JP miles after Jan 01 for using HDFC Jet debit card? I have used 5 times after Jan 01, but didn’t get the miles credit?

    Reply
    1. Gagan

      I have just upgraded my debit card to HDFC Jet one.. Looking for feedback here too

      Reply
  116. ankit verma

    I have over 350000 cred points. I have moved to US now. If anyone need any voucher, I am happy to redeem and give for free.

    Reply
    1. Atul

      Very generous offer ankit. I would like to try the Man Company 1000 voucher. Could you please redeem that one and send the code to Sidharth?

      Sidharth if it is not too much trouble you could send it to my email.

      Reply
    2. Khushbu

      Hi Ankit,

      It would be great if you can redeem your points for swiggy super offer!!!

      Reply
      1. Sharathkumar Anbu

        Hi AshishR, Khushbu

        Swiggy super offer can be activated only on the number registered on the CRED App. If Ankit activates the offer, It will be applicable on his number only.

        Reply
    3. Sharathkumar Anbu

      Hi Ankit,

      Thank you for coming forward to share your vouchers with us. It would be great to get Eazy diner voucher worth 500 Rupees if possible πŸ™‚

      Thanks,
      Sharathkumar Anbu

      Reply
  117. Guru

    Grofers – Flat 10% off – GRFABOU6C49

    Ixigo – Rs. 600 off on domestic flights – CRD2GWTRDT

    Reply
  118. raja

    Not sure this app is safe for using netbanking credentials. It saves/notes the userid and password while paying through iphone. It uses payu as their payment gateway but uses a lesser known “juspay” for hassle free payment experience.
    Also need to know their business model. How are they going to sustain? Rs 700 cashback for Card payment of Rs280000.
    Need to know more about their bussiness model!

    Reply
  119. Shivi

    Update Jan 13 – Not receiving RP on IndusInd for transactionz marked as β€œPaymentsPayU Mumbai”!

    Reply
    1. Gagan

      Hmm, Did you receive RP for same earlier? May be PaymentsPayU is registered under some different MCC making it not a retail spend

      Reply
      1. Sharathkumar Anbu

        I didn’t get any reward points for “RAZ/CRED*404”, I remember getting reward points for PaymentsPayu. I think they might have registered themselves with all banks to remove the MDR rate since they are payment app.

        They can’t bear the MDR on Debit cards which is usually around 1%, hence they would have negotiated with banks to make it 0% and stop the rewards like government payments.

        Thoughts?

        Reply
    2. Sharathkumar Anbu

      Are you sure about it? Did you wait for few more days to check the reward points status, because sometime due to holidays, Reward point posting may be delayed.

      For me β€œRAZ/CRED*404” didn’t get any reward points, but payu did.

      Reply
  120. Shivi

    @ Gagan – That post was in response to Sharathkumar Anbu’s January 9 post where he received points for the said merchant. We really can’t go merchant code hunting now to ascertain which payment protocol CRED would be following for its payments!

    Reply
    1. Gagan

      @Shivi Ah, ok, was not clear from post. Indeed we can’t go MCC hunting and anyways that is not in our hand – it keeps on changing. I have seen CRED, Dreamplug, PayU, PaymentsPayU etc etc on consecutive payments.

      But the point is to see if we really get Reward Points and on which cards.

      Reply
  121. Surya

    HDFC Jet Debit card update: No more JP miles for using debit card on Cred App

    Reply
    1. GTMAX

      Source of information?

      And I have just received this card last week πŸ˜›

      Reply
    2. Gagan

      Aiyoo πŸ™

      I too got this card last week – it First Year Free (FYF) – guess will get this cancelled then after few days!

      Reply
    3. Anoop E S

      No such reference in HDFC website.

      I received miles for all payments made till now. Last payment was made on 7th January. Yesterday they have posted a threshold bonus of 1000 miles. Had received a threshold bonus of 1500 miles last month also.

      Reply
    4. Gopu

      I received 5187 miles when I paid 3,90,000 with my Jp HDFC debit card on Jan 11. May be things changed after that.
      Please do keep us posted. I have a couple of big payments to make on my cc over the next week.
      This was the note in statement RAZ*CRED, 404, U POS DEBIT.

      Reply
      1. Sharathkumar Anbu

        I didn’t get reward points in IndusInd when the statement said “RAZ*CRED, 404, U POS DEBIT”. I raised a ticket to check on it.

        They called and told me that those transactions are not eligible for reward points. They kept saying that this payment gateway is not eligible for reward points like that. Only exclusion in IndusInd was for government payments and mutual funds but the lady who talked kept saying the payment gate way is not eligible.

        I asked it is not written in the website and how do you make such claim, She repeated the same and not ready to listen whatever kind of doubts we ask.

        I am getting confused how payment gateways matter. If the say Merchant code or something, It will make some sense atleast.

        Reply
        1. Shivi

          Same thing happened with me Anbu; the latest payment round to CRED via RazorPay is not eligible for IndusInd Exclusive RP. And there is no way of finding out which payment gateway will be used when you make payment to CRED. I’ll shift to DCB Debit card next month onwards.

          Reply
  122. GTMAX

    Do we receive JP miles with HDFC JetPrivilege Debit card for adding money in Phonepe?

    Reply
  123. Gagan

    Today did some 8 payments transactions and thought of sharing observations with you.

    For all Visa Debit Card transactions got merchant name as RAZ*CRED, 404 UPHAR CH
    For all Master Debit Card transactions got merchant name as RAZ CRED 4

    So it seems like now, no narrations like Dream Plug, CRED etc and all show RAZ (reference razorpay)

    Reply
  124. Datta1108

    Any benefit of making payment from SBI or ICICI debit cards? DBS has stopped their digibucks rewards program so looking for an alternative.

    Reply
    1. Puneet Singal

      Where did you see the information about digibucks being discontinued?

      Reply
  125. Vipul Nagpal

    Has anyone redeemed the stylecracker voucher yet? In the t&c it is mentioned that is is valid on 4999 box however on the stylecracker website there is no 4999 box. The closest is 5499 box.

    Reply
  126. SURESH AMBATI

    No Kill the Bill rewards coming now after I have installed the update in Iphone.
    Is it the same in old versions as well?

    Reply
    1. PM

      I got a 1K kill the bill offer when I paid my bill on 25 January. Opted, and was super lucky to get Rs 1000 πŸ™‚

      Reply
  127. Mudit

    Has cred stopped giving Kill the bill vouchers ?
    i paid 15k 2 times today. didnt get any voucher (either 1k or 10k) to burn.
    May be they have run out of cash to burn !

    Reply
    1. SURESH AMBATI

      Did you updated the app in Iphone?
      Or it is coming in older version as well?

      Reply
    2. Mahendra Kumar

      Hi Mudit,

      I paid 25k today. I got two kill the bill vouchers. 1 for 1000c and another for 15000C. I am using lastest version.

      Reply
    3. Ramesh Kumar

      I tried today with updated app and still it’s working when I go into reward section, but didn’t get notification for Killthebill like before.

      FYI, at per cred TnCs only 300 mystery reward per user.

      Reply
  128. Arun Kumar Allu

    Guys, for those of you who have loads of cred points to burn before they expire, you have an option to sponsor a meal. Lets join the “mission 10 million meals”.

    Reply
    1. Pradeep

      i always do philanthropy to people around me, where i can see things happening & never donate to any organisation. As you’ve mentioned food, i donate food to beggars in my place (sometimes, people passing-by also ask for the food) , give food to children & old age homes around me, 90% of the time food is prepared in my home for donations. To date i’ve never gave re.1 or rs.5 donation which are asked sometimes in mc.donalds, amazon, bookmyshow, horlicks, adani, malls, theatres, etc.., & to students who are doing social studies. i like to water a plant which i can see everyday, to see it grow, flower, fruit, give shadows to lives, to see it having nests. its a joy which your can never & ever get when you donate to a organisation which dont do work in front of you.

      Being a benefit sucker of cards, why should i leave out the joy which i cannot get by donating to faceless organaisation.

      Reply
    2. Rakesh Cheruvu

      Yes…Sponsored quite good meals by burning 2,50,000 credi coins 😎

      Reply
    1. Mohan

      I get 10k Kill the Bill on payments above 20K … How much do you have to pay to get Kill the Bill 30k?

      Reply
  129. Captain Bishuddha Bharatiya

    One person can burn coins only 300 times for cash.

    Reply
  130. Gagan

    Interesting, observed that Cred is now able to remind of Amex bill too. Wondering how are they able to do same?

    Reply
  131. Rkgoyal

    Hi Sid

    Pl clarify about below comments

    One person can burn coins only 300 times for cash.

    Regards
    RK

    Reply
  132. Captain Bishuddha Bharatiya

    I use to pay Rs. 1,000 to credit card in one go so that I can get 1 chance to burn 1000 points. When I burn 1000 points I get anywhere between Rs. 7 to Rs. 1,000. But now whenver I pay Rs. 1,000 as credit card bill I am not getting any option to burn 1000 points for cash because I have burned 1000 points for the maximum allowed number of transactions which is 300.

    Reply
  133. RKgoyal

    Hi..thanks for revert.

    I request cred member to clarify on above comments..I have not seen any terms/conditions on cred FAQ.

    Regards
    RK

    Reply
  134. Anupam

    It seems in the newly issued HDFC Jet Privilege Debit cards – there is an exclusion for getting points on ‘Business Services’. Maybe card payments via CRED is classified as Business Services and that is why we are not getting points. I did not get any points/miles for payments over 70k made in Jan.

    Reply
    1. Himanshu

      I too opted HDFC Jet Debit card a month back.

      Did make payments on CRED but didn’t got any miles for paying.

      Reply
  135. Mouli

    Have anyone tried to pay axis credit card through cred in the recent past?
    I tried this week and it got failed but for other bank credit cards it gets succeeded

    Reply
  136. Jaganathan

    Siddharth please let us know whether HDFC Jet Debit card have stopped giving miles for Cred transactions? I just got the card and need to know whether to transact or not?
    Thanks

    Reply
  137. Rahul

    I too used HDFC Jet Debit card for 3L in Jan but didn’t get JP miles, have any one else got JP miles? Should I stop using Jet Debit card if they have stopped giving miles for CRED transactions? What are the other options in debit cards to get points? Please let us know…

    Reply
    1. Shivi

      Axis Priority card (Priority Account), DCB Cashback card (Elite Account) and CitiGold World Card (CitiGold Account), SBI Gold card (Any SBI account variant) are giving points for now. IndusInd Bank Exclusive Account linked Visa “Signature” and MasterCard “World” stopped giving it in January 2019.

      Reply

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