How to get Free CRED Coins

In the recent days CRED has been trying to provide more options for redeeming CRED coins. One of their recent launch is CRED Pay, which allows CRED members to use CRED coin as payment option with various brands and avail discount on bill. For instance, you can use your CRED coins at Chai Point (shop.chaipoint.com) to pay up to 10% of Chai point bill (in effect, it is like you are getting 10% discount on chai point bill amount by burning CRED coins). Now wouldn't it be nice if you could make some CRED coins for free, even without making any credit card bill payment? In this post I share a way to get Free CRED coins.

You are probably aware of the fact that CRED has fetched your credit score at time of your signing up and fetched credit scores (from CRiF and Experian). This score fetched at time of signing up will also be displayed in CRED app. You can checkout CRED app showing credit score page, in case you have not noted this in your App already. This credit score keeps changing once in a month. You could earn free CRED coins just by re-checking your current credit score. You would earn 10 CRED coins for each point increase in your CRiF score (in comparison to your last fetched CRiF credit score).

Steps involved with screen shots to get CRED coins worth 10X the increase in your CRiF credit score in CRED App

Getting CRED coins worth 10X the increase in your CRiF score in CRED App:

Open your CRED app and go to 'home' section of the App. If you scroll through the home section of CRED App you should find below option displayed. If for some reason, you don't see this on your home screen, just click on your 'profile' icon, once in your profile page you should see options to check more on your credit score.

Click on the "Fetch latest score" button you see here. This will take you to a confirmation page before proceeding. You can click on the 'Refresh' button here and move further.

After this your CRiF credit score would be fetched, and you would be given 10 CRED coins for each point increase in your credit score. But what if you have no change in your credit score? Well, in that case you get no coins from CRED. Of course, you could retry the same procedure again the next month, and hopefully you have a increased credit score then.

In my case when I tried this, I had no change of credit score and as a result did not win any CRED coins. In such scenario, you will get this below screen.

Stay informed up to date on your credit score:

Even if you did not win any CRED coins, one added benefit of doing this would be to stay up to date on what is credit score and has it decreased, increase or stayed same! Not only would you know if there is any change, but also the reason for the change in credit score will also be present as part of the report (the factors influencing this could be, say change in your credit limit utilization, delayed/on time payment of outstanding credit card bill among other factors as well).

CRED Customer Care | CRED Customer success team

How to Reach CRED customer care

There is no official CRED customer care number, but you can reach them via email. The CRED app customer care email address is support@cred.club.

There are two channels by which you may reach out to CRED support team.

CRED In-app option to create support ticket:

Click the 'profile' icon on the top left corner. In the subsequent window scroll down till end of page, here under "QUICK ACTIONS" you will find "support" option as in below image:

click on "support". Here you will find all your "open" and "resolved" cases. And a "FAQs" link which should contain answer to most of your typical queries. If some how you are still not able to find the answer relevant to your query, then you could choose the "need more help?" option, then select "other issues" (refer below screen)

In the following screen, just select "Write to us" and send your query. This will lead to creation of a new support ticket with CRED app customer care team. Usually you should get response to your query within two working days (You would also receive an email to your registered mail id, with the response received from CRED customer care team)

But from my personal experience, the existing FAQs provide a very comprehensive coverage on most aspects of CRED and there is a good chance there is already some information available about your query (you may also leave a comment here, I will try to revert back on it based on my understandings and knowledge of CRED working)

Reach out via CRED Customer email address:

This is the second option to reach to them, by sending an email to support@cred.club. Creating in a In-app support ticket may be a better option rather than leaving a email, as all queries would be linked to your account and you too have a better tracking and reference to it at a later point.

Trivia:

CRED officially calls its customer care team as "Customer success team". I would say the name suits them and assume any one would agree with it!!

CRED Rent Payment Charges (and some finer points)

What are the Charges for paying Rent on CRED ?

You could pay rent with CRED using Credit card or UPI.

Charges for paying rent with Credit card:

CRED charges you 1% to 1.75% service charge for rent payment (to cover their processing cost). These charges may vary for each transaction depending on the amount and the processing cost of a particular transaction. The exact charges would be communicated to you on the payment review screen before you initiate the payment.

Charges for paying rent using UPI:

There isn't any convenience fee for rent transactions using UPI. However, paying rent through your credit card gives you access to numerous benefits (see below), which wouldn't be available on UPI transfers.

Benefits of paying through credit card instead of UPI on CRED:
On CRED, paying your rent through credit card gives you access to numerous perks:

1. Earn up to 3.3% extra reward points on your credit card
2. Earn more CRED coins upon clearing your credit card bills
3. Easy repayments with up to 45 days of credit period
4. Reach your credit card annual fee waiver and reward milestones faster
5. Improve your credit score by paying back on time

Time taken for money to be credit to Landlord's account:

Once you select your method of payment and submit your landlord's account details, your payment is processed and deposited into your landlord's account instantly. In a few cases, it an take up to a few hours.

However, keep in mind the below fine points as well:

1. You can avail Rent Pay facility only once in a month
• If you try multiple transfer in a calendar month you will get "Monthly usage limit exceeded"
2. You should provide the PAN card number of your land lord
• As per the IT act, it is mandatory to submit the landlord's PAN for rental payments above INR 50,000
• You thought you could use this as a hack to transfer money to your own account ? Gotcha! that is not gonna be possible..
3. The Landlord's name you give should match with the back account details provided. If not you will get a "Landlord's name did not match the bank account details" error

Answers to some of the other frequent questions about CRED Rent payment feature:

My account has been debited but my landlord has not received the money

In rare cases, it can take up to 24 hours for your payment to be processed and deposited into your landlord's account. Rest assured, in such cases, we will get the issue resolved at the earliest to ensure your timely rent payment to your landlord.

Is it safe to pay rent on CRED?
Yes, all payments on CRED are encrypted and comply with the highest standards of security.

My account was debited but my payment has failed
CRED initiates an automatic refund in such rare cases. The money will get refunded back to you within 5-7 working days.

I paid rent through CRED but did not receive any CRED coins
Your rent payment would get added to your next credit card bill. Therefore, you will get more CRED coins when you make your next credit card bill payment on CRED.

Do I get a receipt after paying my rent?
Currently CRED is working on building an auto receipt feature for making your experience seamless. CRED will notify all our RentPay users with the update, as soon as it is launched. Thank you for your patience.

I am getting the error "Seems like you have entered your own PAN"
Please submit your landlord's PAN number in the space and retry

My payment has failed. When should I expect a refund?
CRED initiates a transfer as soon as a payment fails. In such rare cases, the money will be deposited into your method of payment within 5-7 working days.

To join CRED App with referral benefits (10 gems convertible to Amazon / Flipkart Gift voucher) visit:
https://credreferral.blogspot.com/2020/08/cred-referral-code.html

How to Use CRED Coin balance

The best way to burn CRED coins is the "Kill the bill" option. However, CRED has limited kill the bill to 5 times a month (you could burn 5000 coins this way - 1000 coins * 5 times). Most of the options present in CRED to burn the coin beyond "Kill the bill" are not very attractive. In this blog post I will explore what possible options you can consider beyond reaching this limit.

CRED Big Basket Jackpot Slot machine:

You will hit the Jackpot when you get "777" in slot machine after you spin. In my experience, I had won from 500 coins to 2100 coins. You can take a look at the video I have made with the outcome of all my 10 spins (you may also note a scroll running on the slot machine where you would be able to see the prizes recently awarded to others)

What you may win ?

• Big Basket shopping worth 2,000 Rs
• Small cashbacks (you may win small amounts like, for e.g 20 Rs)
• If you did not win any jackpot/cashback, you would get CRED coins. 

Game Terms:

• For each spin would have to burn 1000 coins.
• You can spin for a maximum of 10 times per day

I did spin 10 times today, but did not have any luck hitting jackpot. But still I found this a better (you get most of the coins back, in case you did not win Jackpot / Cash) and exciting way to burn those extra coins accumulated in you CRED account

A quick way to earn free CRED coins

Finding yourself short of 1000 coins to try CRED Jackpot ? Check out this post credreferral.blogspot.com/2021/05/how-to-get-free-cred-coins.html for opportunity to earn free CRED coins. No credit card payment required for this.

CRED Referral Offer: Earn upto Rs 1,50,000 (As Amazon gift card)

CRED App is currently running a Referral offer that offers you a chance to earn upto Rs 1,50,000 (as Amazon Gift card). CRED is a Credit card bill payment App that rewards you for every Rupee of credit card bill paid. If you are not yet a member of CRED club, join it by following steps at https://credreferral.blogspot.com/2020/08/cred-referral-code.html

How and what do you win by the special referral Campaign:

• Top 1-5 referrers wind Amazon gift cards worth Rs 1,50,000 (Rs 1.5 Lakhs)
• Top 6-10 referrers win Amazon gift cards worth Rs 50,000
• Every participant gets up to Rs 1,000 for every successful referral

Criteria used to get a score on the leader board:

• Your referred Friend must sign-up and pay between November 11th 4:30 PM - November 21st 6:30 PM
• Your referred friend must download the app and sign-up only using your referral link
• If your referred friend has already downloaded the app or signed-up before November 11th 4:30 PM, you will not get a score on the leader board
• If two members have the same count, the member that gets their friend to sign-up and pay first gets the higher rank
• You get assured cashback only if your referred friend makes their first payment
• Your assured cashback will be 2% (upto Rs 1,000) of your referred friend's first payment amount
• You must have atleast one credit card on your CRED account to receive the cashback
• For winners, the company reserves the right to deduct taxes as applicable.

Invite Friends and Family to CRED and be rewarded with 10 gems

I am looking for a CRED referral sign up link that offers 10 gems. Where should I go ?

Please visit: Link for CRED sign up (With 10 gems as referral benefit)

What is the CRED referral program?

CRED's referral program lets you invite friends to join CRED and get rewarded for it!

Once your friend has registered successfully and has made their first payment on CRED, you and your friend receive 10 gems redeemable on the app for rewards like Gift voucher from your favourite brands (including Flipkart, Amazon, Uber among so many other choices). Now CRED is also providing option to convert gems to 2% of First credit card payment amount.

How can I refer CRED to my friends?

You just need to do the following to participate:

• Click 'control' located at the top-right corner on your home page
• Click on the button labelled 'Refer now & earn gems' to start referring your friends to CRED
• You could use our smart contact book option to see which one of your friends is not on CRED or refer via WhatsApp
• Your friends need to successfully register on CRED and make their first payment towards their credit card bills
• Gems will be credited to your account immediately after your friends' payments are successful

What are the benefits?

If your friends get accepted as a CRED member, and completes their first payment towards their credit card on CRED, you receive 10 gems which can be redeemed for rewards.

Additionally, your friend will also receive 10 gems, once their first credit payment is successfully completed.

What if I already have a CRED referral link from before May21st?

You may be invited to participate in new referral campaigns from time to time from CRED. As of now, any referral link that you have (received before or after May 21st) will work the same way - the referral benefits will be added to your account once the referee has been registered and made their first payment on CRED.

Is there a limit on the number of invites I can send ?

No, you can invite as many friends as you want. However, you can only earn a maximum of 750 gems.

Who is eligible to refer?

Any transacting CRED member can share their referral link with their friends. However, to ensure that users don't get spammed, please ensure that you only send invites to people you are acquainted with.

Who is eligible to be referred?

Any active credit card holder can be referred to CRED. A referral is considered valid only if:

1. your friend has been accepted successfully on CRED
2. After they have made their first payment towards their credit card on CRED.

Do note that CRED does preliminary checks through credit bureaus to determine eligibility before onboarding.

How long is the referral link valid for?

Your referral links are valid for a period of 48 hours. As long as a non-member joins CRED through your link within this time and successfully completes their first payment, both you and your friend will receive 10 gems.

Why did I not get gems for a referral that was accepted?

If you are not notified about winning your gems after sharing the link, it's likely that one or more of the following conditions weren't met:

• The person who clicked the link was already a CRED member.
• The person was not found eligible as per CRED's eligibility.
• The user clicked on your link and didn't create an account.
• The user-created an account but did not complete their first payment on CRED.

To ensure the account security of our members, we cannot disclose or confirm any account information or order history from another member's account.

How can I check on the status of my referred friends?

To check the status of your referred friends, follow the steps below:

• On your home screen, click on the icon in the top-right corner of your screen labelled 'control'
• On this screen, you will see a button labelled 'gem rewards' or displaying your current gem balance.
• Clicking on this section will lead you to a ledger which will help you track your referrals and also help you track the gems you earn and spend.

CRED Referral Campaign to earn upto 1,50,000 Amazon Gift Card:

https://credreferral.blogspot.com/2020/11/cred-referral-offer-earn-upto-rs-150000.html

CRED Cash backs

To join CRED App with referral benefits (10 gems convertible to Amazon / Flipkart Gift voucher) visit:

Join CRED with referral benefits

What cashbacks can I get on CRED?

You can unlock mystery cash backs every month when you pay your credit card bill on CRED. You can also earn referral cash backs when your referred friend make thier first payment on CRED.

What are mystery cash back rewards?

Each mystery cash back can be unlocked every 30 days when you make payment above a certain amount towards clearing your credit card bills. Check the 'win' section to see which cash backs are available and to see the payment amount required to unlock them.

How do I claim mystery cash backs ?

After you make a credit card bill payment on CRED, your unlocked mystery cash backs will appear in the 'win' section of the app. To navigate to the 'win' section of the app, click on the lifestyle icon on the bottom-right corner of your home screen. On this screen, click on card that says 'win'

Where can I see my mystery cash back rewards?

Cashbacks now appear under the win section of the app. To navigate to the 'win' section of the app, click on the lifestyle icon on the bottom-right corner of your home screen. On this screeen, click on the card that says 'win'. You will find mystery cash backs there which can be unlocked. Once redeemed, click on the icon in the top right corner of your screen that says 'trophy room' to see the sum of all cash backs you have won in 'win'.

I have made a payment but I am not seeing the mystery cash back rewards

You can unlock each mystery cash-back when you make a payment of the required amount towards clearing your credit card bill. Each cash back can be claimed only once every 30. If you have recently claimed all available mystery cash backs and do not see locked cash backs in the 'win' section, you can unlock them next month when you pay your next bill. The cash-backs will reappear, when they are ready to be unlocked again.

I am not getting Rs 10,000 and Rs 1,00,000 cash back cards.

Mystery cash backs on CRED are dynamic in nature and can change from time to time. Check the win section regularly to see which cash backs are available and unlock them by paying your bill.

I can't see mystery cash back in my app

Cash back rewards now appear under the win section of the app. To navigate to the 'win' section of the app, click on the lifestyle icon on the bottom right corner of your screen. On this screen, click on the card that says 'win'. Members can claim each cash back once every 30 days after paying their credit card bill. If you have recently claimed all available mystery cash backs and no longer see a locked cash back, you can unlock them next month when you pay your next bill. The cash backs will reappear in the 'win' section, when they are ready to unlocked again.

What is the minimum amount I have to pay to get cash-back?

Each mystery cash-back has a different minimum payment amount required to unlock it. You can see these details by tapping on the mystery cash card in the 'win' section.

What is the 'fair use policy'?

To ensure fair usage of mystery cash-back rewards, we have put a limit on the number of such rewards. Members can claim each cash-back rewards once every 30 days after paying their credit card bill.