Cred is a third party system used to make credit card payments, they offer cashback and other offers to their users. Earlier Cred was an invite-only based app but with their latest promotion in IPL, they have made it public.

Cred referral code

You can use referral code to create a new account on the cred app, you can either copy and open it on your mobile or directly click the link from your mobile. You would be taken to the app store.

You will get 10 gems after making your first credit card payment and you can redeem the gems to get 2% cashback of the payment (max INR 1000) or you can use the gems to play Raffle to win big prizes.

You will also get the paid amount number of Cred coins, you can use the coins to get a cashback of up to 1000 by spending 1000 coins, a cashback of to 5000 by spending 5000 coins, up to 10,000 by spending 10,000 coins, and a cashback of up to 1,00,000 by spending 1 lakh coins.

I have been using cred for more than a year now and max cashback I received by burning the Cred coins is 164, so don’t expect that you’ll get 1 lakh as a cashback. But using cred referral I got a cashback of 642 (2% of the payment). My total cashback won is 1468 till date.

The benefits are not huge but at least you are getting some cashback by making payment through Cred and if you make the payment using bank apps or auto-pay, you don’t get anything.

Cred Referral Program

Cred has been running referral program on monthly basis and you can use this program to win some great prizes.

Right now Cred is offering Apple iPhone Pro Max 128 GB to top 3 referrers
Apple iPhone 12 128 GB to top 4-6 referrers
Amazon gift card worth INR 50,000 to top 7-10 referrers
Amazon gift card worth INR 25,000 to top 11-15 referrers

Prizes changes every time, so the above prizes are to just give you an idea.