Yes. Cred tracks the payment credit SMS from the credit card company and asks if you had made the payment outside of Cred and adjusts the amount accordingly. It’s convenient to track how much you have paid and how much is pending.
On a separate note, for me Axis doesn’t send the amount credit confirmation SMS. So Cred doesn’t track the outside payments for my Axis credit card.
Ok, thanks. I have not experienced this with axis but with one of my amex cards. I have 3 amex cards and get the notification for 2 cards but not for the 3rd one. Maybe because it is a charge card. BOB also started this notification thingy but cred somehow doesn’t track it.
I agree on your point about Cred Coins, but these days on every credit card payment of Rs1000 or Rs5000 they give an option to encash the cred cash. Overall, the cashback isn’t that big (usually ₹5-₹10), but as a credit card managing app it stands awesome.
yes, same for me
the convenience of managing all cards in one place is the reason I use the app
and those cashback are not bad compared to what other apps give, over a year it sums up to quite a tidy sum
he is not talking about cred cash which is a credit line
it’s cashback against cred coins
it only becomes available after you’ve made a payment
if you don’t avail that within a day or so, it disappears
Cred fetches your credit score using the PAN card. If it meets their criteria, you would be able to create an account. If not, you will be put on a waiting list and will be invited once your credit score meets their requirement.
max is really high
like 1k, 5k, 10k depending on your bill amount and the coin being spent
but what you actually get varies between 5 to 20
it is not actually hidden, when you pay a bill, a option comes saying like claim your rewards etc if you click there usual cred rewards page opens up and there scrolling downwards you’ll see these things
@gegobyte In case you miss to click “Claim Rewards” at the time of credit card payment, you can get the same from Club > Rewards section… In fact you can see these vouchers anytime. But they are locked and they are activated only when you pay the bill.
There are 4 options…
Earn up to 1000 (Minimum credit card bill payment of Rs.1000 to get this activated)