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Friday, 11 March 2022

benefits of paying credit card bill through cred app

  

 benefits of paying credit card bill through cred app 





Credit Card Bill Payment Through CRED

CRED is  free credit card  payment mobile application. Available  download on iOS and Android platform, it simplifies the bill payment process and rewards users for paying their card bill on time.




Cred accepts MasterCard, Visa, , American Express as well as Diners Club credit cards issued by most major bank.




How CRED Work


CRED can  accessed only if you have a credit score  of 750 and above. CRED request access and verifies your current credit score from credit bureaus like ,  and. If you qualify, the app will integrate existing card to your CRED account. A detailed registration guide  mentioned below:




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Install the app from your Android mobile phone and sign up with your mobile number.


After verifying your number by , the app will check your credit score and notify you if you are eligible for the service.


On successful verification, the app will add all credit card linked to your mobile number. You can add up to 10 credit cards at a time, with  to add more if required.


You have verify your card details by adding in the masked number.


CRED instantly verify your card/cards by depositing Re.10 through IMPS/.


After verification, you can pay your credit card bill and earn reward points equal to the bill amount paid.




How To Make Credit Card Payment  CRED






You can pay your credit card bill through , debit card and UPI. Follow the steps below to pay your bill on CRED:


 Under the ‘Cards’ tab, choose the card whose bill you wish to pay.The bill amount as minimum due etc. will be displayed on-screen. Click  ‘Pay Now’ and enter the amount of the  you wish to pay.Choose the method of bill payment:If you’re paying through UPI, you will have to link your UPI address and of  the same before making your payment.If you’re paying through debit card, add the card detail. After CRED has verified your card of  you can authorise the payment.If you’re paying through  of  select your bank from the list. You will be redirected to your bank page to complete of the transaction.After a successful transaction, you will receive a transaction of  ID for your reference. The app   reflect the amount paid.Depending on the bank/method of payment, it could take up to 20 working days for the payment to be realised by your bank.Check Your Eligibility


Advantages of Using CRED




Besides being a one-stop platform for paying your credit card bill you also earn reward point for every Rupee you pay toward your bill. The reward points are called ‘CRED coins’ and are redeemable on various offering on the CRED app. Offer are updated regularly  the app, and  of you can redeem your CRED coins (known as ‘burning CRED coins’) across categories.


You can your payment history for all card added on the platform, as well as keep track of upcoming bill.


Features such as ‘Kill the bill’ enable you to earn cashback  of toward repaying your bill.


You will get a reminder each time your card bill of  is generated, ensuring you don’t miss/delay a payment.

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