Cred: A one stop solution to all your credit card bills

I am not really sure about when I first heard CRED, a one-stop solution to all your credit card bills. But when I heard about it, I found the idea to be fascinating. If you have multiple credit cards with different due dates and due amounts, you can understand what I am talking about. CRED is a member-only app that offers exclusive rewards for, well, paying your bills on time through their app. The developers have used UPI mode to pay your bills, which means all your payments get reflected in your credit card account in near real-time.

As with every newbie, you will enter your details for registration. CRED will then check for your credit score through Experian and Crif and issues your credit score as a welcome reward. From then on, you can continue to accumulate points by making bill payments. Each rupee paid as bill amount gets adds the same as your CRED coin balance. You can then use the CRED coin balance to claim rewards.

You can also set up the CRED app to check your mails for bill statement and set up a WhatsApp alert to issue notification. CRED uses highly secured cloud technology to store sensitive data in encrypted form. The app interface is pretty neat. One can pretty quickly set it up and start using them without much-a-do. 

As this is a member-only app, one needs to be high trust and creditworthy to join the club. So if you are unable to participate as a member, don't lose your heart. Pay your bills on time and in full, and improve your creditworthiness with time. You will be able to join the club sooner.

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