Do you use cred and why?
Curious about the cred app. Still not sure what problem it is solving apart from credit card bills tracking.
I guess I am wrong as the company is able to raise money. Though with valuation cuts.
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They have introduced a new feature called cred money where you can track all transactions done from all of your accounts in the same place. And also a good thing is I can pay my bills using credit card.
I see.
What kind of bills by credit card? Across multiple apps you should be able to pay with credit card, right?
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Are they worth it? Mostly new brands and when I checked the prices on Amazon used to be similar or even less.
Yeah, some products can be found at a very reasonable price on some days. So it becomes a habit to check them everyday. But you def get some value of it. But thats just it. Just 2 3 mins of usage per day.
Na credit card hai aur na hi CRED
I wouldn't say it's awesome, it's okay. I've 2 credit cards so for me it's just easy to pay for both on one app, rather than paying individually on both bank apps
Cred can help one get some 1-2% off on credit card bills, but it will take time and effort.
- I have 4 credit cards, make 1000/- payments every few days to get the spinner and pocket about 300/- per month.
- They recently started with discounted gift cards, save about 1000/- per month, incremental to other platforms (Gyftr giving at 5% , Cred at 12% , so 7% incremental).
- Also, they have the daily Reward section, make about 200/- per month from there.
Overall, painstaking work, but I pocket ~1500/- per month from Cred.
Valuation does not matter to me, kaunsa hum koi bohot bhaari investor hain to care. Paisa thoda bach jaata hai bas, usse hi matlab hai bhai!
I personally stay away from whatever has "credit" or any resemblance of the same. It is the enemy of your wealth and any savings.
I mostly use CRED only for the UPI payments. Also use to track my credit cards. Sometimes GPay and PayTM very rarely.
I downloaded cred as it had the whole notion of being a "India - 1" app. Never used it except for paying through UPI, sometimes cred money as well, but that's it. I don't use it under the notion of an India 1 app anymore, it has just become a habit to use cred to pay using upi at this point