Cred Refer and Earn Upto Rs.1000 Cash [Minimum Rs.1000]
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.
It’s very simple and the entire process hardly takes less than a minute.
- Install the app – IOS / Android (open the link on mobile)
- Signup with your mobile number & verify with OTP
- Boom!! All your cards now gets displayed. CRED has done the integration with Credit Bureaus like Experian to make this is possible.
- Now you have to verify your card to add them to the app by filling the masked numbers of the card.
- CRED verifies your card instantly and that’s it.
- 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.