Here's Why To Use The CRED App For Your Credit Card Bill Payments

Credit card bills are no less than a headache for most of us, aren't they? Especially if you hold multiple credit cards, with varying billing cycles and due dates to keep a track of, right?

But what if there¡¯s an app that helps you keep track of all this? An app that not just reminds you of the upcoming due dates but also enables you to instantly pay the bill then and there, besides offering a plethora of other exclusive benefits.

Wondering what it is? It's the CRED App.

Remember the viral ad where cricket legend Rahul Dravid becomes the angry 'Indiranagar Ka Gunda? Or where India's golden javelin boy Neeraj Chopra shows off his acting skills? All these were amongst the out-of-the-box advertisements of CRED.

Never seen this side of Rahul bhai ?? pic.twitter.com/4W93p0Gk7m

¡ª Virat Kohli (@imVkohli) April 9, 2021

This app works hard in every way so that you don't have to! Eager to explore how this app helps you relax as a credit card user and unlocks tons of benefits? Read on as we unfold all this for you.

The Cred Club

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CRED is a members-only club that rewards you for timely credit card bill payments by providing a wide range of exclusive offers and access to premium experiences to the members.

As a platform, Cred allows you, the credit card user, to manage multiple cards in one place and make all their payments in one app.

But since it's a members-only club aimed to promote and reward creditworthy individuals, those with a high credit score are usually eligible for becoming its member and gaining access to exclusive rewards upon payment of their credit card bills through the Cred app.

Besides enabling you to conveniently pay all your credit card bills under one roof and sending you timely reminders for the same, there are a lot of unique features and benefits of making payments through the Cred app. Let's deep dive a bit and understand them.

1. CRED RentPay & Education Fees

One of the Cred app benefits under its super feature of CRED Max category is the payment of your education fees and monthly rent and that too instant payments available 24*7.

RentPay allows you to pay your monthly rent through your credit cards, directly from the CRED app. By paying rent on the CRED app through your credit card, you can avail yourself of a plethora of benefits such as interest-free credit periods, reward points on credit card loyalty programs, use your CRED coins to get discounts on your rent payment and much more!

And the recently launched feature of education fees payment through Cred App, whether it is your tuition fees, college fees or school fees, enables you to fetch cashback on paying it through Cred Coins!

Also Read: 5 Super Financial Resolutions For New Year 2022

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2. CRED Pay

This feature is a new payment experience for CRED members, available on select merchant platforms. It offers you a safe and delightful one-click checkout experience using credit cards already saved on CRED. By using CRED Coins during checkout, you as a member can avail of discounts on an array of products from a plethora of brands.

Also Read: Why Your Credit Score Can Fall Despite Timely Payments!

3. CRED Protect

CRED is also equipped with the feature of CRED protect, which is an AI-backed system that keeps track of every single nuance of your credit card payment journey - right from due date reminders, spend patterns, detection of hidden charges and other card usage statistics. Isn't it a super benefit!? So why not join the Cred club and go for CRED Credit Card Bill Payment, which will unlock lots of exciting benefits rather than just letting you simply pay the bill!

What About Exclusive Rewards On Making Credit Card Bill Payment Through CRED?

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As a CRED member, you are not just able to timely get reminders so that you don't miss out on your credit card bill payments (which saves you from incurring hefty finance charges of around 40% p.a. and late payment fees), but you even get rewarded for the payments, in the form of CRED coins. And then? You can use CRED coins to claim exclusive rewards and other perks.

These rewards include a wide array of benefits, such as discounts and special offers while shopping from partnered merchants (including brands like Swiggy, Myntra, Zomato, Ajio, Amazon,BookMyShow, Tata Cliq,1mg,Cult fit, Samsung etc) and selective goods/services across categories like food, grooming, electronics, shopping, wellness etc, besides other benefits including cashbacks, vouchers, etc. You can even play daily jackpots and win exciting prizes!

Additionally, CRED¡¯s referral program offers you benefits like assured cashback or selective products whenever the referred people pay their credit card bill!

And that¡¯s not all. On your Cred dashboard, you get to see your smart statement containing your spending, refunds and cashbacks, payment history, card offers etc.

Besides all these super features, CRED also offers you the benefit of tracking and improving your credit score through the app. Remember that build-up and maintenance of a high credit score is one of the prime benefits of paying credit card bills on time, apart from of course saving you from the hefty applicable charges.

You can also check out the other exciting products under CRED, such as CRED Cash (for lending) and CRED Mint (for investing).

Also Read: Why It's Important For Millennials To Check Their Credit Report Every Month

How To Apply For CRED Membership?

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Also Read: Stop These 5 Everyday Money Habits That Are Harming Your Credit Score

Since CRED is a member-only platform, you can apply for its membership by signing up with your full name and a valid Indian mobile number on the app. Once your credit score is checked from credit bureaus like CIBIL, Experian and CRIF, and your score falls into the accepted eligibility score criterion of CRED, you will be accepted as a member of CRED. And once you become a member, you will be able to access the curated set of exclusive rewards and privileges that are offered by CRED!

Cred's Latest Campaign

On the occasion of New Year 2022, CRED had announced a special campaign aiming to provide 5 lakh meals to vulnerable children. Cred members can contribute towards it by using their CRED Coins.

CRED members are starting 2022 by making a difference.

If you¡¯re not on CRED yet, reply to this tweet with #CREDTweetForGood and we¡¯ll make a contribution on your behalf to @SOSVillageINDIA. pic.twitter.com/CRRFcfiTEm

¡ª CRED (@CRED_club) January 1, 2022

Eager to become a member of CRED Club? Click here to download CRED and unlock a plethora of exclusive offers, rewards, cashbacks, etc on making credit card payments, besides getting payment reminders, credit score checks, detecting hidden fees or charges and participating in fun games that fetch you chances to win exciting gifts!

And don't forget to refer CRED to your friends and family!

For more of such interesting financial content and latest news, click here.