Hey All,
Crafted for the creditworthy - YES I am talking about CRED App that is developed by a fintech company named "Dreamplug Technologies Private Limited" and the App is largely used in India that primarily rewards users for paying their credit card bills on time. I had heard a lot about this app, but to be honest, I wasn't using it until I decided to give it a try. Over the past couple of months, my experience with the CRED App has been great. On top of that, I have earned a cashback of ₹500 to date. Yes, I know I joined the party a bit late, but so far, the experience has been excellent paying my credit card bills and receiving cashback most of the time when I use the CRED App. Speaking about numbers of users and some statistics then based on the article by economic time of IndiaAs of September 2024, CRED has reported a monthly active user base of 13+ million, with 11+ million of these users actively transacting on the platform each month. And if we add up months after September 2024 and till now its quite obvious the numbers of users would have definitely grown and would has surpassed 13+ million users quite easily. Here are some of the major features of the CRED App that I have explored and there is much more to it.
- Scan & Pay any UPI QR
- UPI payment on Credit Card Bills
- Send Money to any UPI App
- AutoPay Feature – Set up automatic bill payments to avoid late fees and maintain a healthy credit score
- CRED Pay – I like this one-click checkout feature for seamless payments across partner merchants
My Experience with CRED APP - Cash Backs...
As evident from the above images which I have taken a snapshot of from my mobile while paying my credit card bill of Rs.58K+ I was able to save clearly Rs.200 which close to $3 - Great, isn't it? Who will not like FREE money? Instead of paying my original credit card bill of Rs. 58,607/- I had to pay Rs. 58,407/- just by using the CRED App. This saving is for this month and if I am not mistaken last month I had saved closed to Rs.150/-. I know these are small amounts but why not take advantage of it when you just need to link your credit card with the app and along with that set up your payment mechanism Bank account or UPI whatever the case maybe and you are all set to save some money here. Wrapping it up in all I would say that its a great App and if you have explored it then just give it a try and I am sure you will be able to save some money for yourself. Check out the CRED App.. Happy Saving & Investing.. cheers
Have Your Say on CRED APP
Are you using the CRED App to pay your credit card bills? Cash Back Vs Rewards? How has your experience been using the CRED APP overall? Would love to hear your thoughts around it in the comment box below?
CRED App - My Experience with iT. A great App to use for paying CREDIT Card Bills and get Cash Back as Rewards...
#creditcard #cred #cbil #finance #money #cashback #rewards #vouchers
Best Regards
Image Courtesy:: cred.club
PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've have an interest in BlockChain & Cryptos and have been investing in many emerging projects..