Quick Answer: Is Cred Protect Free?

Is cred app safe to use?

the CRED app safety, Security: As the founder of CRED App had prior experience in handling millions of users on Freecharge, its safe to assume that the app is completely secure.

Privacy: The app has an option to allow email access for reading your statements..

How do I get rid of cred app?

CRED account can be deleted through the Support section of Cred app. However, account deletion can only happen if there is no open unresolved claim or dispute on the account. or card. Do note, however, that the company may retain some information about your account for certain business reasons.

Is FreeCharge an Indian company?

FreeCharge, a wholly owned subsidiary of Axis Bank Limited, is India’s No. 1 payments app.

Is cred app approved by RBI?

When you register for the first time for CRED membership, CRED verifies your credit score and credentials from RBI. As the registration process also takes the involvement of RBI, CRED app is eventually an RBI approved app. With the help of BHIM UPI, you can make a payment of your registered credit card bills online.

Is cred App genuine?

CRED App is GOOD and we recommend using this App to pay your Credit Cards bill.

Is cred profitable?

Revenue Sources of CRED Currently, CRED is not making any profits and looking to expand its userbase. … CRED has users’ financial data like how timely users made payment of the bill, their expenditure data, their credit scores data, and many other financial data.

Who is the owner of cred?

Kunal ShahCred founder-CEO Kunal Shah Most second-time Indian entrepreneurs target the top 30-40 million customers because they know how difficult it is to monetise a business catering to everyone, Kunal Shah, founder and chief executive of fintech startup Cred, has told Moneycontrol.

Is Google paid under RBI?

RBI had earlier told the court that Google Pay is a third party app provider (TPAP) and does not operate any payment systems. Therefore, its operations are not in violation of the Payment and Settlement System Act of 2007, RBI had said.

How do you pay rent on CRED app?

Here is how you can pay your rent step-by-step using the Cred app.Step 1: Open CRED app, and select RentPay. … Step 2: Enter rent amount to be paid. … Step 3: Click on ‘Proceed with credit card’ … Step 4: Enter the Landlord’s name. … Step 5: Enter the Landlord’s bank account details or UPI Address.More items…•

Is Kunal Shah married?

He got married to Bhavna Shah who is a freelance Graphic Designer.

What is cred membership?

CRED is a members-only club that rewards individuals for their timely credit card bill payments by providing them with exclusive offers and access to premium experiences. It is a platform that allows credit card users to manage multiple cards along with an analysis of their credit score.

How does cred app make money?

The company hopes to earn revenue by charging a fee for using Rentpay apart from revenue share from its credit line offering. It will also charge a fee from brands to list their products on ‘Discover’ platform where the users can spend CRED coins to avail discounts.

How do I turn cred coins into cash?

Every time you make a payment to your credit card, you earn Cred Coins – each coin is equal to Rs 1. These coins can then be used to claim rewards from vendors like Ixigo and FreshMenu, among others. You can also use the option to ‘burn’ your coins to win cashback,which is directly credited to your credit card.

Who bought FreeCharge?

According to sources in Freecharge, the deal with Axis Bank, the country’s third largest private sector lender has been fixed at between $50 million and $70 million. The Kunal Bahl and Rohit Bansal led e-commerce firm bought Freecharge in April 2015, for an estimated $400 million.