Is It Safe To Pay Credit Card Bill Through Most Rewarding App - CRED?

TD Bureau, Jammu: By: Keshav FreeCharge founder Kunal Shah's new venture Cred aims to tap consumers with high credit scores ...

TD Bureau, Jammu:

By: Keshav

FreeCharge founder Kunal Shah's new venture Cred aims to tap consumers with high credit scores

Kunal Shah has already raised $25 million in funding for Cred, with Sequoia Capital and Ribbit Capital leading the financing round.

Is It Safe To Pay Credit Card Bill Through Most Rewarding App - CRED?

Absolutely! It uses 256 bit encryption. The best there is out there. Also, the Founder is none other than Kunal Shah who also Co-founded Freecharge. If millions of users on Freecharge felt safe, then surely CRED members will be too.

CRED app is an excellent platform to pay for your credit card bills and get rewards in exchange for that.

Author experience with CRED has been great. Not only does it have a simplified setup, smart interface and great rewards, it also alerts you for the upcoming payments.

The setup is really simple:

Logon to the CRED app and enter your mobile number. Remember to add the phone number that is linked to your credit card. Once you enter your mobile number, CRED sends you an OTP to your phone for instant verification. ( You can install the app using this link to get awesome rewards ‎CRED - Pay credit card bills )
First name, Last name and email id. The app then verifies these details with the RBI to fetch your card details. If your credit score is above 750, you get access.
App will then fetch the data from your details and show you your cards. It will then add 1 rupee to your card to verify.
You have an option to add all your cards as well. (The more the better). It supports more than 30 credit cards at this moment.
Voila! You are all setup and can start browsing for rewards and much more.
The entire setup took me about 3–4 mins

P.S. As soon as your process is completed, the app awards you one cred coin for every point on your credit score. For instance, if you have a credit score of 830, you get 830 cred coins.

How does it work?

Features:

Presently it shows notifications for your upcoming payments on the notification bar of your mobile. It also has an option to get alerts on your Whatsapp.

You can also “kill the bill” by earning an assured cashback for paying your credit card bill on Cred. The cashback you earn is transferred to the respective credit card, against which you claimed the reward.

You can also get “instant refund” in your back account. You have to enable this by adding your bank details in ‘profile’ section → ‘instant refund’.

The app also provides two additional options – Card Protect and Smart Statements – for analysing your credit card statements and discovering hidden fees and charges in your credit card bill. Both options need your explicit approval.

The statements help to point out the hidden charges and also you can see your spending categorically into Food, travel, transport etc..

Click To Download The App >>> ‎CRED - Pay credit card bills.