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Cred user received a cashback of Re 1 after pay his credit card bill of Rs 87,000.

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Gurgaon man says he got Re 1 cashback from Cred after paying credit card bill of Rs 87,000.

  

"Made a credit card bill payment of 87,000 and received a maha cashback of Re 1 from Cred," Ahluwalia wrote on X. "Time to stop sharing data with Cred and pay directly from the bank portal."

  

https://www.moneycontrol.com/news/trends/cred-c...

Top Comments
Talk-Of-The-Town Talk-Of-The-Town
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If not cred... Which other platforms you use for cc payment?

Cred is reliable if not for cb

The PostMighty The PostMighty
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This is a classic clickbait tweet (i.e. trying to draw attention on X).

The USP of CRED is that it makes it easy to manage (track) and pay all your credit bills in one place. Remove CRED (and its cousins like CheQ, PayTM, Mobikwik, Amazon Pay, Google Pay) and remember the days of using net banking to pay your CC bills. Nobody wants those days back.

As a new product, to onboard new customers, CRED will offer a big initial bonus and good cashbacks initially. Once they have a critical mass of users, they need to dial back on the cashbacks and hope people use their app for the actual value it offers them (i.e. convenience and saving of time). Venture capital / investment money is not infinite. You can burn it only up to a limit. CRED Is not a non-profit like NPCI. It needs to make a profit to survive. They have been exploring various ways to make money (marketplace, new CC applications) but none of them are raking in huge profits, I suppose.

Finance Mentor Finance Mentor
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I introduced a friend of my mine to both credit cards and cred.

After cred stopped giving meaningful cb, I recommended options like mobikwik fullpay etc., to him.

But he still kept with cred for credit card payments. The convenience of not worrying about whether you have paid your cards or if you paid enough is a relief.

It fetches the proper bill by itself and reminds you every now and then. That's a service people appreciate.

Not everyone is running around for cb like us here.

So yes, agree with your comment completely smile
Finance Mentor Finance Mentor
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@Demon_slayer Yes, it does work like a faithful watchdog... agreed!
49 Comments  |  
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Deal Subedar Deal Subedar
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Fake news! Today I got Rs. 8 for payment of 20k 🥺 joy joy joy

Deal Cadet Deal Cadet
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u cheated
Deal Subedar Deal Subedar
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Many time, i got coins only

Deal Lieutenant Deal Lieutenant
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ah sad
Deal Colonel Deal Colonel
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Alhua 😆 le liya @Ots14

Deal Baba Deal Baba
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Their Random cashback thing is shit.

Atleast give a proper reward system.

Paying 1000 bill getting Rs3,

Paying 10,000 bill getting Rs1 🤣.

It doesn't make sense.

Deal Lieutenant Deal Lieutenant
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hmmm avoid CRED:) just play their coin jackpot games and get Re.1 and Rs.2 time to time. thats it... pay Rs.10 and get that utilized and forget CRED xD
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Helpful Helpful
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Nothing new about it. I have stopped paying Credit Card bills using Cred since 4 months. Use CheQ instead. Atleast their coins have some value if not much. It’s still more value than CRED’s Rs 1 or Rs 2 cashback.

Spearhead Spearhead
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Any charges levied by the app?

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Deal Colonel Deal Colonel
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1000057963

Deal Lieutenant Deal Lieutenant
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Slow death xD
Deal Cadet Deal Cadet
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Use FI UPI and CRED togather, search my_trendytips in insta for simple tricks as how to use fi and cred

Finance Mentor Finance Mentor
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Atleast, convenience fees to nahi lii... aur kya chahiye aajkal? Devaluation ka maahol aur zaamana hai bhai log...

Deal Captain Deal Captain
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This post has restored my faith in cred, I was worried Cred stopped giving cashback smile

Pro Entertainer Pro Entertainer
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I use cred for convenience, all cards at same place, instant payment, and on top of that 1-2₹ cb.

Deal Cadet Deal Cadet
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Lol.

Nowadays they don't give even 1 re some times. Just coupons 

Commentator Commentator
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I made a payment of Rs.45k two days back and received 3 useless coupons. 🥹

Deal Lieutenant Deal Lieutenant
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Chalo 1 rs. tou mila free ka

Deal Cadet Deal Cadet
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This is new normal now from Cred

Deal Subedar Deal Subedar
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Currently Cred is very useful doing UPI transaction in smaller denominations like  paying tea seller 10-30rs get 1-2 rs cashback. I accumulate these cashback and pay with cred  only when my hdfc credit card bill is more than 7500.

Deal Detective Deal Detective
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once you use UPI upto certain limit. this 1-2 cashback will also gone.
Freebie Finder Freebie Finder
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Isme Naya kya hai?

Cred ka fanda:

Pay more, get penny 

Pay less, get more (more= Rs.6-8 max)!

Heart of Gold Heart of Gold
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Cred become the worst platform to pay credit card bills, they always give their useless coins and not even 0.5% of transactions in return. It's better to use other platforms with debit cards that give reward points.

Finance Mentor Finance Mentor
Admin
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Got Rs.3 CB only for payment of Rs.139560. 😤

Deal Colonel Deal Colonel
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9c 🙂 flexing 🙂 9c

Deal Newbie Deal Newbie
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PayZapp and HDFC BillPay give more cashback: Removed

Beacon Beacon
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today i got rs. 9 for rs. 6000 payment.

Talk-Of-The-Town Talk-Of-The-Town
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If not cred... Which other platforms you use for cc payment?

Cred is reliable if not for cb

Deal Cadet Deal Cadet
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i use a combo of mobikwik, paytm , amazon upi and cred. 

None have good offers for complete payments or big payments

The PostMighty The PostMighty
Link Copied

This is a classic clickbait tweet (i.e. trying to draw attention on X).

The USP of CRED is that it makes it easy to manage (track) and pay all your credit bills in one place. Remove CRED (and its cousins like CheQ, PayTM, Mobikwik, Amazon Pay, Google Pay) and remember the days of using net banking to pay your CC bills. Nobody wants those days back.

As a new product, to onboard new customers, CRED will offer a big initial bonus and good cashbacks initially. Once they have a critical mass of users, they need to dial back on the cashbacks and hope people use their app for the actual value it offers them (i.e. convenience and saving of time). Venture capital / investment money is not infinite. You can burn it only up to a limit. CRED Is not a non-profit like NPCI. It needs to make a profit to survive. They have been exploring various ways to make money (marketplace, new CC applications) but none of them are raking in huge profits, I suppose.

Finance Mentor Finance Mentor
Link Copied
I introduced a friend of my mine to both credit cards and cred.

After cred stopped giving meaningful cb, I recommended options like mobikwik fullpay etc., to him.

But he still kept with cred for credit card payments. The convenience of not worrying about whether you have paid your cards or if you paid enough is a relief.

It fetches the proper bill by itself and reminds you every now and then. That's a service people appreciate.

Not everyone is running around for cb like us here.

So yes, agree with your comment completely smile
View 2 more replies
Deal Cadet Deal Cadet
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Once I paid around 2.3 lakh and got 4 rupees. Uninstalled and never cared about CRED again.
Deal Cadet Deal Cadet
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Received 4 rupees Cashback for using cred as payment method on a shopping site Jahan per likha tha Upto 250 Assured Cashback.

Deal Cadet Deal Cadet
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I have stopped using it from long time . remember spinning wheel to get a wheel laughing

The PostMighty The PostMighty
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Guys be careful with cred, I recently paid ₹1500 *9 cc bill for bob card, one transaction didn't get process even after 3 days, they didn't take any action too, luckily I remembered to check the history and there I saw this, immediately I complained and they said it will take few more days or we will refund, citing rare case, today I got the refund...so suggestions to all, please check the history or keep a close eye on the credit messages from the bank

Helpful Helpful
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it's not his right. Whatever they give take it or leave it.

Soon we will have to pay convenience fee for paying cc bill, leave the point of getting cashback alone.

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