Cred stopped UPI Cashback

[Chaitanya-a]

So I made several UPI payments today from Cred. Cashback generator wasn't there after the payment. So overall zero cashback.

Have they stopped it from today? As till yesterday, it was there.

Already stopped doing CC bill payments from cred. Was using just for UPI Cashbacks. Now no use of this app finally.

 

[ashishB]

Today I got the cashback (Rs.4) after doing the UPI transaction.

 

[Deleted member 5552]

And here I'm getting only coins. 42 lac Cred coins ka kya karu m 🤦🏻‍♂️

Sell those coins at discounted price to CRED 🤑

 

[satish0987]

Today I got the cashback (Rs.4) after doing the UPI transaction.

I got 7₹ for 30₹ UPI transaction

I never thought of using this cred scan feature

Do we get cashback for UPI also along with merchant 😅

 

[Zacobite]

So I made several UPI payments today from Cred. Cashback generator wasn't there after the payment. So overall zero cashback.

Have they stopped it from today? As till yesterday, it was there.

Already stopped doing CC bill payments from cred. Was using just for UPI Cashbacks. Now no use of this app finally.

Cred is only good for CC payment, some interesting shopping options, good travel deals and cred mint. all others offerings are not too great like upi, cred cash, games etc

 

[Anil_Singh]

Cred is only good for CC payment, some interesting shopping options, good travel deals and cred mint. all others offerings are not too great like upi, cred cash, games etc

I don't have access to Cred Mint, nor Cred Cash. My account is 2.3 years old. Not getting even 1% for credit card payments now. It was generous for first 2 months for UPI payment cashbacks. Now I get cashback only once per 3-4 UPI payments. Rest of times, getting only highly valued cred coins.

 

[Chaitanya-a]

I don't have access to Cred Mint, nor Cred Cash. My account is 2.3 years old. Not getting even 1% for credit card payments now. It was generous for first 2 months for UPI payment cashbacks. Now I get cashback only once per 3-4 UPI payments. Rest of times, getting only highly valued cred coins.

I applied for Cred mint several times but they didn't on-boarded me. So I went with MobiKwik Xtra. However Cred cash got unlocked after 2 months of account opening but its of no use.

Yeah nowadays we barely get cashback in UPI & CC payments. Totally zero value of this app now.

 

[Anil_Singh]

I applied for Cred mint several times but they didn't on-boarded me. So I went with MobiKwik Xtra. However Cred cash got unlocked after 2 months of account opening but its of no use.

Yeah nowadays we barely get cashback in UPI & CC payments. Totally zero value of this app now.

You choose Xtra over 12%? Any specific reason? And yeah, after cashback downgrade, I started using Gpay for cc bills. Hoping for Axis Ace invite.

 

[Deleted member 5552]

I applied for Cred mint several times but they didn't on-boarded me. So I went with MobiKwik Xtra. However Cred cash got unlocked after 2 months of account opening but its of no use.

Yeah nowadays we barely get cashback in UPI & CC payments. Totally zero value of this app now.

I had a loan offer of Rs 2.5 L and took 45k with processing fee of Rs 700 and received Rs 500 cashback instantly

 

[Zacobite]

I don't have access to Cred Mint, nor Cred Cash. My account is 2.3 years old. Not getting even 1% for credit card payments now. It was generous for first 2 months for UPI payment cashbacks. Now I get cashback only once per 3-4 UPI payments. Rest of times, getting only highly valued cred coins.

Yes.. CRED is burning money so now cashbacks have reduced.. its just now for convinience..

 

[Zacobite]

Coz 12% had very bad reviews on App store. So I gave up before downloading app only.

12% club has a 1 L limit..so anyway risk is low... but there are other options but same risks.. these are moderate risk options over FDs

 

[Anil_Singh]

Yes.. CRED is burning money so now cashbacks have reduced.. its just now for convinience..

Absolutely. I am paying bill of Rs.1000 every 3 days for spins and rest via GPay. Installed Cheq, did only Rs.100 payment.

 

[Anil_Singh]

Coz 12% had very bad reviews on App store. So I gave up before downloading app only.

Ok. How is your experience with Xtra? I am planning to invest either in 12% or Xtra.

 

[Deleted member 5552]

They show your full amount (2.5L) on CIBIL report. I previously got offer for 5L. Later reduced to 3.75L now.

How will they show full amount which I didn't use. Already I planned to pre close after paying one or two emi.

Let me see what is going to happen

 

[Chaitanya-a]

How will they show full amount which I didn't use. Already I planned to pre close after paying one or two emi.

Let me see what is going to happen

That's the actual catch with their credit line. They show their offered credit limit instead of availed. Several people have shared their experience on Quora about this.
Here's one:

 

[Slayer]

Cred is only good for CC payment, some interesting shopping options, good travel deals and cred mint. all others offerings are not too great like upi, cred cash, games etc

Do you think the travel deals are good?

 

[Zacobite]

Do you think the travel deals are good?

Yes.. well curated.. Nice places.. not higher than other places but planned...

 

[Deleted member 5552]

That's the actual catch with their credit line. They show their offered credit limit instead of availed. Several people have shared their experience on Quora about this.
Here's one:
View attachment 10486

Are you holding Amazon Pay ICICI credit card? I applied two days ago, today I sent my Employee ID from work email and within minutes I received sms that card is approved. Status also shows that card is approved.

How they approved without any verification of what I sent via work email? If really my application is approved, this will be my second Amazon Pay ICICI card.

 

[Chaitanya-a]

Are you holding Amazon Pay ICICI credit card? I applied two days ago, today I sent my Employee ID from work email and within minutes I received sms that card is approved. Status also shows that card is approved.

How they approved without any verification of what I sent via work email? If really my application is approved, this will be my second Amazon Pay ICICI card.

What? 2nd Apay card? 😂 Have you closed first one?
Yes I hold it. No verification happened regarding work email.

 

[Deleted member 5552]

What? 2nd Apay card? 😂 Have you closed first one?
Yes I hold it. No verification happened regarding work email.

I closed my first Amazon pay credit card 3 years ago after my hdfc card approved.

But now I won't close it. I had Amazon pay, Ferrari platinum card, Expression card and Coral Amex. I closed all ICICI cards one by one. I think now I will get all all cards back

 

[Chaitanya-a]

I closed my first Amazon pay credit card 3 years ago after my hdfc card approved.

But now I won't close it. I had Amazon pay, Ferrari platinum card, Expression card and Coral Amex. I closed all ICICI cards one by one. I think now I will get all all cards back

Yeah there's no harm in keeping LTF cards. And since they've history with you, they didn't needed extra verification.