Cred is the Worst! Re. 1 cashback on a payment of Rs. 40K

[madanc7]

What has happened to Cred? Who will even use it anymore? I had already exhausted my HDFC bill pay limit, so used cred, but never going to do so again.

 

[Dharm]

What other options are there? Cheq has started levying charges for payments.

I think this is still best option after HDFC bill pay

Post in thread 'Cred is the Worst! 1 Re. cashback on a payment of 40k Rs.' https://www.technofino.in/community...back-on-a-payment-of-40k-rs.18673/post-392549

 

[Deleted member 11974]

but you make post about same, right?

post is recorded for future purpose.

kindly share where have i posted about this

 

[AnonGuru]

I paid one lakh fifteen thousand, thy gave me 1 rupee, the CRED guys.

 

[Walter White]

Thread ke naam pe kuch bhi 😛

 

[vaibhav111vaibhav111 is verified member.]

What has happened to Cred? Who will even use it anymore? I had already exhausted my HDFC bill pay limit, so used cred, but never going to do so again.

you can search for backup option like RBL Signature+ Debit card and Indulsnd too!

 

[Slayer]

you can search for backup option like RBL Signature+ Debit card and Indulsnd too!

Thinking of taking RBL Signature+ as bank branch is beside my apartment

 

[KingAAR]

i

Thinking of taking RBL Signature+ as bank branch is beside my apartment

is it worth the fee of 6000

 

[Slayer]

@vaibhav111 @4uziaul ???

i

is it worth the fee of 6000

 

[Patil007]

CRED is fast 🙂 .

 

[vaibhav111vaibhav111 is verified member.]

@vaibhav111 @4uziaul ???

I already have hdfc with 750 cashback I hardly ever went over that monthly cashback

 

[ankkitt08]

Cred is worst, it cause cough and cold now a days for me.

 

[RAMESH BABU N]

I am wondering how the current crop of young, Tech-savvy, ever-on-the-lookout-for-cashbacks CC holders would be in mid-1990s when there were no cash backs, no Apps, no online trfrs n no discounts. On the other hand, cheque outstation collection charges are levied by banks. And, we used to send Cheques by Registered Post to Bank's CC Dept - every month.

I started visualizing, in 4K digital with Dolby Stereo. Everyone crying loud n clear......

 

[Slayer]

I am wondering how the current crop of young, Tech-savvy, ever-on-the-lookout-for-cashbacks CC holders would be in mid-1990s when there were no cash backs, no Apps, no online trfrs n no discounts. On the other hand, cheque outstation collection charges are levied by banks. And, we used to send Cheques by Registered Post to Bank's CC Dept - every month.

I started visualizing, in 4K digital with Dolby Stereo. Everyone crying loud n clear......

Sirjee, Dolby Vision and Dolby Atmos 😛

 

[4uziaul]

i

is it worth the fee of 6000

Only one person can answer this @Abhishek012 🤭

 

[Abhishek012]

i

is it worth the fee of 6000

RBL Signature+ debit card is best debit card ever and get 2% cashback on Credit Card bill pay or wallet load.

Card fee Rs5000+GST and You will get Rs5000 Amazon gift voucher as welcome benefit.

Use RBL Signature+ debit card. Best debit card ever and get approx 2% Cashback on Wallet and Credit card bill repayment too.

Return Ratio: If you max. out the spends, i.e. 1L per month X 12= 12L in a year, you receive:

1. 1000 GV per month X 12 = 12K points
2. 5000 GV per year X 1 = 5K points

Total= 17K on an effective joining fee of (5900-5000)= 900 INR. Renewal fee anyway will be Zero from next year upon spending 3L+ in previous year.

• Return Percentage for 1st year= (17K-900)/12L ~ 1.34%
• Return percentage next year onwards= 17K/12L ~ 1.41%

Best Value: If your spends aren’t that high, hitting 5L in a year is the sweet spot.

In 1st year You get 5K Monthly + 5K Annual benefit = (10K-900)/5L ~ 1.82%

And next year onwards you get (5K + 5K)/5L ~ 2%

If you spend more than 12L in a year, return value goes downwards. As you can see, this card holds good till annual spends of 12L max only (preferably 1L per month spend with minimum 10K in a month to earn cashbacks as GV)

GVs available: Wide range of GVs with multiple price points are available for redemption against both Welcome/ Monthly benefits. Notable ones are Amazon, Flipkart, Croma, Bigbasket etc.

If you want to know where you spend RBL Signature+ debit card -

Paytm app - direct use debit card for cc bill repayment or Paytm wallet load

mobikwik app - cc bill repayment

Bajaj app - cc bill repayment

Payzapp app - cc bill repayment

Cred app - cc bill repayment (pay more than Rs50,001+ or selected user 10,001+ and get debit card option)

Amazon full kyc wallet - load and spend anywhere via Amazon wallet UPI for bank transfer/cc bill repayment or merchant transaction via UPI.

Slice wallet - load and use Slice Wallet UPI to bank transfer or CC bill repayment.

CheQ app - cc bill repayment

@Slayer

 

[4uziaul]

RBL Signature+ debit card is best debit card ever and get 2% cashback on Credit Card bill pay or wallet load.

Card fee Rs5000+GST and You will get Rs5000 Amazon gift voucher as welcome benefit.

Use RBL Signature+ debit card. Best debit card ever and get approx 2% Cashback on Wallet and Credit card bill repayment too.

Return Ratio: If you max. out the spends, i.e. 1L per month X 12= 12L in a year, you receive:

1. 1000 GV per month X 12 = 12K points
2. 5000 GV per year X 1 = 5K points

Total= 17K on an effective joining fee of (5900-5000)= 900 INR. Renewal fee anyway will be Zero from next year upon spending 3L+ in previous year.

• Return Percentage for 1st year= (17K-900)/12L ~ 1.34%
• Return percentage next year onwards= 17K/12L ~ 1.41%

Best Value: If your spends aren’t that high, hitting 5L in a year is the sweet spot.

In 1st year You get 5K Monthly + 5K Annual benefit = (10K-900)/5L ~ 1.82%

And next year onwards you get (5K + 5K)/5L ~ 2%

If you spend more than 12L in a year, return value goes downwards. As you can see, this card holds good till annual spends of 12L max only (preferably 1L per month spend with minimum 10K in a month to earn cashbacks as GV)

GVs available: Wide range of GVs with multiple price points are available for redemption against both Welcome/ Monthly benefits. Notable ones are Amazon, Flipkart, Croma, Bigbasket etc.

If you want to know where you spend RBL Signature+ debit card -

Paytm app - direct use debit card for cc bill repayment or Paytm wallet load

mobikwik app - cc bill repayment

Bajaj app - cc bill repayment

Payzapp app - cc bill repayment

Cred app - cc bill repayment (pay more than Rs50,001+ or selected user 10,001+ and get debit card option)

Amazon full kyc wallet - load and spend anywhere via Amazon wallet UPI for bank transfer/cc bill repayment or merchant transaction via UPI.

Slice wallet - laod and use Slice Wallet UPI to bnak transfer or CC bill repayment.

CheQ app - cc bill repayment

@Slayer

Iska intezar tha 🤣

Ab har jagah yehi post karoge toh bura mat Maan na yeh template main bhi save kar leta hoon next time Supreme Commander ko aur bolana nahi padega bas isko paste kar dunga 🤣

 

[aceventura]

RBL Signature+ debit card is best debit card ever and get 2% cashback on Credit Card bill pay or wallet load.

Card fee Rs5000+GST and You will get Rs5000 Amazon gift voucher as welcome benefit.

Use RBL Signature+ debit card. Best debit card ever and get approx 2% Cashback on Wallet and Credit card bill repayment too.

Return Ratio: If you max. out the spends, i.e. 1L per month X 12= 12L in a year, you receive:

1. 1000 GV per month X 12 = 12K points
2. 5000 GV per year X 1 = 5K points

Total= 17K on an effective joining fee of (5900-5000)= 900 INR. Renewal fee anyway will be Zero from next year upon spending 3L+ in previous year.

• Return Percentage for 1st year= (17K-900)/12L ~ 1.34%
• Return percentage next year onwards= 17K/12L ~ 1.41%

Best Value: If your spends aren’t that high, hitting 5L in a year is the sweet spot.

In 1st year You get 5K Monthly + 5K Annual benefit = (10K-900)/5L ~ 1.82%

And next year onwards you get (5K + 5K)/5L ~ 2%

If you spend more than 12L in a year, return value goes downwards. As you can see, this card holds good till annual spends of 12L max only (preferably 1L per month spend with minimum 10K in a month to earn cashbacks as GV)

GVs available: Wide range of GVs with multiple price points are available for redemption against both Welcome/ Monthly benefits. Notable ones are Amazon, Flipkart, Croma, Bigbasket etc.

If you want to know where you spend RBL Signature+ debit card -

Paytm app - direct use debit card for cc bill repayment or Paytm wallet load

mobikwik app - cc bill repayment

Bajaj app - cc bill repayment

Payzapp app - cc bill repayment

Cred app - cc bill repayment (pay more than Rs50,001+ or selected user 10,001+ and get debit card option)

Amazon full kyc wallet - load and spend anywhere via Amazon wallet UPI for bank transfer/cc bill repayment or merchant transaction via UPI.

Slice wallet - load and use Slice Wallet UPI to bank transfer or CC bill repayment.

CheQ app - cc bill repayment

@Slayer

Are there any redemption charges?

 

[WhoU]

I paid 1k bill got 30 cashback and 50 cashback for scan & pay, so total 80 cashback.

 

[varun__goel_]

RBL Signature+ debit card is best debit card ever and get 2% cashback on Credit Card bill pay or wallet load.

Card fee Rs5000+GST and You will get Rs5000 Amazon gift voucher as welcome benefit.

Use RBL Signature+ debit card. Best debit card ever and get approx 2% Cashback on Wallet and Credit card bill repayment too.

Return Ratio: If you max. out the spends, i.e. 1L per month X 12= 12L in a year, you receive:

1. 1000 GV per month X 12 = 12K points
2. 5000 GV per year X 1 = 5K points

Total= 17K on an effective joining fee of (5900-5000)= 900 INR. Renewal fee anyway will be Zero from next year upon spending 3L+ in previous year.

• Return Percentage for 1st year= (17K-900)/12L ~ 1.34%
• Return percentage next year onwards= 17K/12L ~ 1.41%

Best Value: If your spends aren’t that high, hitting 5L in a year is the sweet spot.

In 1st year You get 5K Monthly + 5K Annual benefit = (10K-900)/5L ~ 1.82%

And next year onwards you get (5K + 5K)/5L ~ 2%

If you spend more than 12L in a year, return value goes downwards. As you can see, this card holds good till annual spends of 12L max only (preferably 1L per month spend with minimum 10K in a month to earn cashbacks as GV)

GVs available: Wide range of GVs with multiple price points are available for redemption against both Welcome/ Monthly benefits. Notable ones are Amazon, Flipkart, Croma, Bigbasket etc.

If you want to know where you spend RBL Signature+ debit card -

Paytm app - direct use debit card for cc bill repayment or Paytm wallet load

mobikwik app - cc bill repayment

Bajaj app - cc bill repayment

Payzapp app - cc bill repayment

Cred app - cc bill repayment (pay more than Rs50,001+ or selected user 10,001+ and get debit card option)

Amazon full kyc wallet - load and spend anywhere via Amazon wallet UPI for bank transfer/cc bill repayment or merchant transaction via UPI.

Slice wallet - load and use Slice Wallet UPI to bank transfer or CC bill repayment.

CheQ app - cc bill repayment

@Slayer

Bhaiyaji ke clipboard m save rhta h ye, jhan rbl ya cc bill payment ka naam dikha vhan chaap diya🤣😛

 

[ashwinkashwink is verified member.]

RBL Signature+ debit card is best debit card ever and get 2% cashback on Credit Card bill pay or wallet load.

Card fee Rs5000+GST and You will get Rs5000 Amazon gift voucher as welcome benefit.

Use RBL Signature+ debit card. Best debit card ever and get approx 2% Cashback on Wallet and Credit card bill repayment too.

Return Ratio: If you max. out the spends, i.e. 1L per month X 12= 12L in a year, you receive:

1. 1000 GV per month X 12 = 12K points
2. 5000 GV per year X 1 = 5K points

Total= 17K on an effective joining fee of (5900-5000)= 900 INR. Renewal fee anyway will be Zero from next year upon spending 3L+ in previous year.

• Return Percentage for 1st year= (17K-900)/12L ~ 1.34%
• Return percentage next year onwards= 17K/12L ~ 1.41%

Best Value: If your spends aren’t that high, hitting 5L in a year is the sweet spot.

In 1st year You get 5K Monthly + 5K Annual benefit = (10K-900)/5L ~ 1.82%

And next year onwards you get (5K + 5K)/5L ~ 2%

If you spend more than 12L in a year, return value goes downwards. As you can see, this card holds good till annual spends of 12L max only (preferably 1L per month spend with minimum 10K in a month to earn cashbacks as GV)

GVs available: Wide range of GVs with multiple price points are available for redemption against both Welcome/ Monthly benefits. Notable ones are Amazon, Flipkart, Croma, Bigbasket etc.

If you want to know where you spend RBL Signature+ debit card -

Paytm app - direct use debit card for cc bill repayment or Paytm wallet load

mobikwik app - cc bill repayment

Bajaj app - cc bill repayment

Payzapp app - cc bill repayment

Cred app - cc bill repayment (pay more than Rs50,001+ or selected user 10,001+ and get debit card option)

Amazon full kyc wallet - load and spend anywhere via Amazon wallet UPI for bank transfer/cc bill repayment or merchant transaction via UPI.

Slice wallet - load and use Slice Wallet UPI to bank transfer or CC bill repayment.

CheQ app - cc bill repayment

@Slayer

Yeah banda dhanda band karvake hi maanega🤣