Hello looters, The Cred app will give 200 rs to 500 rs per referral in June 2024. The Cheq app gives 100 per referral. Whenever you refer you will get this amount, but commonly people make a mistake like adding all credit cards in one account and losing the cashback. So this post will help you to save money on credit card fees and earn cashback for each card.
Credit card providers:
The popular credit card providers are Rupay and Visa. Both have their unique way of cashback. Rupay gives a flat 1% for scan and pay transactions.VISA gives tap-and-pay offers like new users get 200 cashback old users get cashback after 10 transactions. Both are contactless payments only. If you use scan and pay mostly pick a Rupay credit card. If you do shopping in malls and theaters pick a VISA credit card.
Credit card drawbacks:
Few banks offer lifetime free credit cards which is rare. Most credit cards have fees of 500 to 1500 per year. We also need to do a large amount of transactions like 1 lakh to 5 lakh to avoid these fees. So we need a way to save money in this scenario. Overspending is also a drawback of using credit cards.
Credit card benefits:
- You can simply save money on payment and repayment
- Few credit cards offer flat 1% cashback for all transactions so you are only paying 99 rs for 100 rs
- You can get cashback for repayment also. Few apps give Flat 1% back for repayment.
No credit card users:
The Qualifications for credit cards are good income and a good cibil score. If you have a good cibil score and income, but don’t have a credit card simply, apply for a new credit card(Choose the lifetime free credit card). The best credit card suggestion is the Tata-neu Rupay credit card. If you don’t have a good credit score create a new FD credit card.FD credit cards start from 2000 rs.
How to Earn up to 450 per card:
Nowadays everyone has at least 2 to 4 credit cards from different banks. few of them are lifetime free, and others are chargeable All the credit cards are not linked to cred or Cheq app and some of our friends did not even know about these apps. Let’s see how we can utilize that and earn the money. Let’s say you have 2 credit cards one is linked with cred and the other is not linked.
Requirements:
- You need a new mobile number
- new mail id
- You need a new PAN card (use your parents, friends, and family)
- A credit card which is not linked in the cred/Cheq app
- new device
Steps to follow:
- Log in to your existing cred or cheq app
- Go to the refer and earn section.
- click refer and share the invite link to your new device
- Click the referral link and install the app
- fill the details
- Then add the new credit card
- do a first bill payment(for cheq app you need to do minimum 5000 ).
- That’s it you get a cashback.
Follow these steps for both apps
What you will get :
let’s do a calculation,
- Referral benefit:
You will get 200 for the cred app and 100 for the cheq app so,profit=300(minimum, you may get more based on the reward unlocked)
- New user benefit:
You will get up to 250 back on the first credit card bill in cred +1% back on cheq
The Cred app gives additional recharge and scan and pay offers for new user
if you are new to both the cred and cheq apps click below the links to install them.
Cred:
The cred app launched in April 2018. Since its launch, it’s giving more cashback to users. But nowadays you will get only 1rs for 1000 rs bill payment. If you are lucky, you will get 10 rs per 1000(rare)
referral link: Click to install
referral code:mzj5cmbk
Cheq:
The Cheq app launched in February 2023. It gives a flat 1% Cheq chips for your credit card bill repayment. Earlier the chip value was 1rs but now it’s decreased to 0.10 paisa. so for a 100 rs credit card repayment, you get only 1 rs. Now this app si giving 500 Myntra vouchers to new users.
referral link: Click to install.
Other apps credit card offers:
- Mobikwik:
Mobikwik is giving flat 1% back up to 50 for credit card payments. Compared to cred and cheq, Mobikwik is the best app for your credit card bill payment. - PayZapp:
HDFC Bank Payz app is giving flat 11 cash points for a 5000 rs CC bill. (use code PZCCBILL)
Conclusion:
- Using credit cards is always rewardable. You earn for shopping and repaying.
- Get Lifetime credit cards and link to the apps to get cashback for each card.
- refer your friends and family to save your bills
- Choose which credit card variant is suitable Rupay or ViSA.
For All credit card offers visit here. There’s a dedicated Telegram channel to post the latest deals and offers, join Add the new exciting credit card offers, in the comment section
