CRED: UPI, Bills, Credit Cards 4.1.3

Pay all your bills instantly. Make payments at stores and to contacts via UPI. Earn rewards and assured cashback every time. And that's just one of the many reasons millions of members prefer paying on CRED.

The right app to pay your credit card bills online is here.

• Use CRED coins earned from paying your bills to win big prizes and unlock access to products at member-exclusive prices, it's that simple.
• CRED pay: Scan any QR code and pay instantly via UPI to earn assured rewards every time.
• Pay anyone via UPI: Pay saved contacts or others via their phone number or UPI ID.
• Pay bills instantly: Pay all your bills, including ones for electricity, mobile, credit card rent and more for assured rewards and cashback.
• Payment reminders: Get credit card bill payment reminders that ensure you never miss your due date and thus get on track to improve your credit score.
• Hidden charges: Automatically detect hidden charges and get alerted on duplicate transactions in your credit card account.
• Win rewards: Win exclusive rewards by using the CRED coins earned from paying your bills.
• Manage multiple credit cards: Make seamless payments from CRED for all your credit cards.
• Spend analysis: Complete track of where you spent from your credit card with easy to read spend analysis charts.

How to be a CRED member?

1. CRED is built for rewarding creditworthy individuals in India. To become a CRED member, you need a credit score of 750+.
2. The process is simple:
   • Download CRED.
   • Fill your name, mobile number & email ID.
   • Get a free credit score report.
3. If your credit score is 750+, you will get a prompt to verify your credit card details.
4. That's all, you can start paying your credit card bills and earn CRED coins with every payment.

What is a credit score (cibil report) & what are the basics?

• The credit score is calculated based on the data that is provided by the lending institutions (typically banks, NBFCs) to the bureaus (typically CRIF, Experian).
• A credit score indicates your creditworthiness to potential lenders such as banks & mortgage lenders. It indicates how responsible you are likely to be in paying off your loans.
• Each credit score has a different scale: For example, CRIF has a range of 300-900 while Experian has a range of 300-850.
• A score of 700+ on CRIF & Experian is considered to be good.
• A higher credit score is an indicator of good financial behavior.

How to monitor credit score using CRED?

1. Download CRED & signup using your full name and mobile number to get your first credit score result on CRED.
2. Keep making credit card bill payments on CRED to get CRED coins.
3. Use the CRED coins to refresh your credit score every month. Get insights that help you improve your credit score with time.

What all credit scores are shown on CRED?

There are 4 credit bureaus in India - Experian, Equifax, CRIF and CIBIL. CRED can showcase your CRIF, Experian and Equifax credit scores and helps track these credit scores individually.

What credit cards are supported on CRED?

SBI, HDFC, Axis, Kotak, Standard chartered, American express, Yes bank, HSBC, IndusInd, RBL, Bank of Baroda, Kotak Mahindra, Bank of India plus all VISA, MasterCard, American Express and Discover credit cards.

Will using a credit card hurt my credit score?

As long as you make credit card bill payments within the "grace period" of 25-30 days, you don't have to pay extra. If you go longer, though, you'll have to pay interest. Defaulting on your credit card payments could negatively hurt your credit score, so make sure you make bill payments on time.

Will using CRED help improve my credit score?

• CRED will help you make bill payments on time with scheduled reminders. Timely bill payments have a positive effect on improving your credit score. By acting on these reminders and paying your bills, you'll be improving your credit score over time just like millions of other CRED members.