CRED APP Review :What is CRED Coin and How CRED App Works?

CRED a new innovative service launched by FreeCharge founder Kunal Shah. Dreamplug Technologies Private Limited (“Dreamplug”) developed and launched CRED App on 19 April 2018. Directors are KUNAL NARESH SHAH, ROHAN SHAH NARESH and MEYER MALKA and Nominee Director is SANDEEP TANDON (also co-founded The CRED Services help users to get big rewards on Credit Card Bill Payments via CRED App. The rewards are in form of CRED Coin which can be used on any Online Portal also, you can encash/ transfer rewards to your bank account. CRED slogan #killthebill is very famous during the ICC Cricket Work Cup also the advertisement can be seen on Hotstar Live Cricket Match Streaming. Some of the CRED users facing issue in rewards, payments. Not able to create an account.

CRED is a members-only app that offers you exclusive rewards for paying your credit card bill. Cred partnered with brands from local and others to give you unmatched rewards, experiences and upgrades every month.

How To Get CRED App ?

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
  • 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.

Eligibility Criteria for CRED App?

CIBIL Score Should be more than 750 Credit score > 750

What are the benefits of using CRED?

  1. Records, updates, notifies, reminds of all your card payments, dues.
  2. More assured points called coins (credited equal to the amount paid)with an average returns of 1% when spent.
  3. Ensure that you make use of the coins for 1% returns as additional payment to credit card.
  4. Else, you can invest your coin count to grow and get a bigger surprise.
  5. Like with any other app, Cred too is growing and improving.
  6. Along with it, Cred is taking other upstarts to have growth.
  7. Best way to pay credit card bills for millennial.

Some additional tips. If you have your n bank accounts/ cards linked to multiple mobile numbers, installed in multiple phones, you can create multiple cred accounts and get updates.

Stay on top of your credit card bill payments

With CRED you can make all your credit card payments in one place. So, you never miss a payment.

Find the perfect way to reward yourself

We’ve created a variety of rewards for you to use your CRED coins on. The rewards range from a cup of coffee to a flight ticket. All on the house.

We’ve got your back. Always.

We remind you to pay every bill

We detect any hidden charges by banks​We enable you to review all your statements on CRED​

Is CRED App Safe?

Security: As the founder of CRED App had prior experience in handling millions of users on Freecharge, its safe to assume that the app is completely secure.

Privacy: The app has an option to allow email access for reading your statements. If you feel this is a privacy issue as you’ll have other personal emails, consider using a separate email ac for linking with Cred. Or, if you can go through your statements line by line, you may ignore the feature.

Payments: Its safe to make bill payments at-least 1 week ahead as you can’t be sure what’s coming tomorrow. Just incase if it gets delayed more than 3 biz days, get in touch with CRED. Apart from that, never worry about the money, its always safe.

How many CRED coins will I get for bill payments?

For every Rupee you pay towards your credit card bill, you will earn 1 CRED coin. For example, if you pay ₹ 10,000 to your credit card through CRED, you will get 10,000 CRED coins.

How can I redeem CRED Coins?

Easy! Access the CRED app on your mobile phone and click the “Rewards” icon on the bottom navigation bar. Here you will see all the rewards we have curated for you.  Just tap on the reward you would like to claim, read through the Terms & Conditions and tap on ‘Get This’. You will be prompted to confirm, click on ‘Yes’ and its done! CRED coins will be deducted for claiming the reward.

You can access your claimed rewards anytime by clicking on ‘Claimed Rewards’ icon on top right hand corner of the screen.

Can I add someone else’s card to my CRED membership?

You can add the cards which you wish to pay in the CRED app. It can be your card or the card of your friends and family. Though when the original owner of the card also starts using the CRED app, discretion on allowing you to continue will be with CRED. 

What is CRED 2.0?

CRED 2.0. An app that goes beyond credit card bill payments. It is smarter, faster and more intuitive. Understand spend patterns better. With the new CRED Scan score, know the health of your card and your credit score. Understand potentially fraudulent activities and resolve them before they escalate. What’s more, rewards get better with CRED. Sort your rewards into categories and see what you want to see first.

CRED Customer Care – Phone, Email, Chat Support

Official Tickets:

Via Email Support [email protected] or
[email protected]
Via Phone Helpline Number Not yet available
Address 404, Uphar CHS Ltd., Plot No.6 BHD, Sanjeeva ENCL 7 Bunglows, Near Juhu Circle, Mumbai, Maharashtra – 400 061
Twitter/ Facebook No Page Available
Submit Complaint/ Ticket @Google Play store 
Grievance Cell 
Name Nemash Simaria
Email [email protected]

How To Delete CRED Account ?

To delete your CRED Credit Card information from the CRED App, you need to go to the Accounts Section and Click on the “Account Dissociate”. After that, all your personal details/ credit card information, bill history will be deleted from CRED App

What is the CRED GEM (Reward Coin) Program

After you create a CRED Account, you can gain/ earn CRED Coin also called as the CRED Gems. It is a new currency introduced by the CRED Credit Card Payment. It is separate from the CRED Coin. Once you refer friends/ family or any user to the CRED Community (App) you earn CRED GEMS (10 CRED GEM Coins).

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