Is Cred App Safe and Reliable | Honest Cred App Review 2024

CRED is a credit card bill payment platform that rewards its members for clearing their credit card bills on time. CRED members get access to exclusive rewards and experiences from premier brands upon clearing their credit card bills on CRED. Now, let’s check further is Cred App Safe?

Yes, Cred appears to be a safe app for credit card payments overall. They employ standard security measures like encryption and haven’t had major security breaches. However, as with any financial app, some inherent risk remains.

CRED takes security seriously and has implemented several measures to protect your data. However, it’s always important to be vigilant and practice good cybersecurity habits when using any online financial platform.

What is Cred App?

Is Cred App Safe and Reliable

Cred App is your credit card’s best friend: a payment platform that rewards you for paying bills on time with exclusive offers, cashback, and access to amazing experiences. Think of it as a VIP club for responsible credit card users, with features like bill reminders, spending analysis, and even hidden charge detection. But membership isn’t open to everyone – you need a high credit score to get in. So, if you’re financially disciplined and enjoy a little extra perk, Cred could be the app you’ve been missing. But wait, Is Cred App Safe?

Cred App is a:

  • Payment platform: It’s primarily a platform for paying credit card bills seamlessly.
  • Rewards-based: It incentivizes timely bill payments with rewards, cashback, and exclusive offers.
  • Membership-only: You must have a credit score of 750+ to join or become a Cred member.
  • Indian-based: It’s currently available only in India.

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Benefits of Using Cred App:

Here are the benefits of using the Cred App:

1. Rewards for Paying Bills:

  • Earn CRED Coins for every credit card bill payment.
  • Redeem coins for cashback, discounts, exclusive products, and experiences from popular brands.
  • Access curated offers and deals tailored to your interests.

2. Simplified Bill Management:

  • Pay multiple credit card bills from various banks through a single platform.
  • Receive reminders to avoid late payments and maintain a good credit score.
  • Track spending patterns and analyze statements to gain insights into your financial habits.

3. Exclusive Experiences and Access:

  • CRED Select offers premium benefits to select members, including priority access to events, invites to exclusive experiences, and special offers from luxury brands.
  • Participate in games and challenges to win rewards and experiences.

4. Enhanced Security:

  • Employs multi-level security measures, including encryption and authentication, to protect your financial information.
  • Monitors transactions for suspicious activity and offers dispute resolution assistance.

5. Credit Score Monitoring:

  • Check your credit score for free from multiple credit bureaus (CIBIL, Equifax, Experian).
  • Track your credit score over time to stay informed about your credit health.

6. Streamlined Rent Payments:

  • Pay rent through CRED without any additional charges.
  • Earn CRED Coins on rent payments as well.

7. Additional Features:

  • Split bills with friends and family using CRED Pay.
  • Earn cashback on online shopping through the CRED Store.
  • Access personal loans and credit card offers based on your creditworthiness.

Who Can Use Cred App?

Not everyone can join the Cred community just yet and that’s where you will get the answer of Is Cred App Safe? Here’s who can use the Cred app:


1. Minimum credit score: You need an Experian credit score of 750 or above to be eligible for Cred membership. Cred selects its members based on creditworthiness to maintain a premium community.

2. Credit card holders: CRED is exclusively for individuals with credit cards issued in India. CRED supports major credit card bill payments for American Express, Standard Chartered, Citibank, HSBC, HDFC, ICICI, SBI, AXIS, RBL, PNB, and other top Indian banks. They support VISA, Mastercard, American Express, and RuPay cards. However, check if your specific card issuer partners with Cred before applying.

3. Location: Currently, Cred is only available in India.

4. Age: You must be 18 years of age or older to use the app.

5. Smartphone: You need a smartphone with a valid Indian mobile number to download and use the app. The app is available on both Android and iOS devices.

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How to Become a Member of CRED?

You can apply to be a member by signing up on CRED with your name and valid mobile number (issued within India). Once you get the answer of But wait, Is Cred App Safe? Here is your step-by-step process to become a member of Cred:

1. Download the Cred app: Install the app from your device’s app store.

2. Enter your phone number: Provide your valid Indian mobile number.

3. Verification: You’ll receive an OTP to verify your number.

4. Check your eligibility: The app will automatically check your Experian credit score. If eligible, you’ll proceed to the next step.

5. Complete your profile: Enter your basic information and choose your preferred language.

6. Set up your first bill payment: Link your primary credit card and schedule your first payment.

Welcome to CRED! Once your payment goes through, you’ll be a full-fledged member with access to all the benefits.

Is Cred App Safe For Credit Card Payment

CRED App is generally considered safe for credit card payments. Here’s why:

Security measures:

  • PCI DSS compliant: CRED is certified with PCI DSS (Payment Card Industry Data Security Standard), a rigorous security standard for protecting cardholder data.
  • Data encryption: User data is encrypted both in transit and at rest.
  • Secure payments: Payments are processed through secure channels with strong authentication.
  • No card details storage: CRED doesn’t store your full credit card numbers directly.
  • Regular security audits: CRED undergoes regular security audits by CERT-IN certified auditors.

Additional factors:

  • No reported breaches: There haven’t been any major security breaches reported with CRED to date.
  • Positive user reviews: Users generally feel secure using CRED for credit card payments.

However, it’s important to remember that no system is foolproof. Here are some potential risks to consider:

  • Phishing attacks: Always be cautious about emails or messages claiming to be from CRED. Don’t click on suspicious links or enter your credentials unless you’re sure the source is legitimate.
  • Malware: Keep your phone updated with the latest security patches to minimize the risk of malware infections.
  • Human error: While CRED prioritizes security, accidental human error is always a possibility.

Tips for Using Cred

Here are some tips for using CRED safely:

  • Use a strong password and enable two-factor authentication.
  • Don’t save your card details in the app if you don’t use it frequently.
  • Review your statements regularly for any suspicious activity.
  • Report any suspicious activity to CRED immediately.

Is Cred App Safe To Use?

Cred appears to be a safe and secure app for managing credit card payments and rewards. However, it’s important to be aware of the potential concerns and practice common online security measures like using strong passwords and being cautious about sharing personal information.

Is Cred App Reliable?

As of yet, Cred hasn’t experienced any significant breaches or data leaks that would compromise user trust. Additionally, Cred has established partnerships with major banks and brands, suggesting a degree of industry validation.

Most user reviews on platforms like Google Play Store and Apple App Store indicate a generally satisfactory experience with the app’s reliability.

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How Can CRED Help You to Improve Your Credit Score?

Cred can potentially help you improve your credit score in several ways:

Credit Monitoring and Insights:

  • Free credit score: Cred offers free access to your credit score and report, allowing you to track your progress and identify areas for improvement.
  • Credit analysis: Cred provides personalized credit analysis, highlighting factors influencing your score and suggesting ways to boost it.
  • Early warnings: Cred sends alerts about potential negative impacts on your score, like upcoming due dates or missed payments.

Healthy Credit Habits:

  • On-time payments: Cred facilitates automatic bill payments for your credit cards and utility bills, ensuring you never miss a payment and hurt your score.
  • Credit utilization: Cred offers tips on managing your credit card spending and keeping your credit utilization ratio low, a crucial factor in your score.
  • Diversification: Cred encourages using a mix of credit products like credit cards and loans to build a healthy credit history.

However, it’s important to remember that Cred is not a magic bullet for boosting your credit score. Building a good credit score takes time and consistent effort. While Cred can be a valuable tool to track your progress and make informed decisions, it’s crucial to practice responsible credit habits like paying bills on time and using credit responsibly.

How Does Cred App Work?

Here’s a step-by-step breakdown of how Cred works:

Step 1: Eligibility Check:

  • To join Cred, you need a credit score of 750 or above. They verify this through credit bureaus.

Step 2: Sign Up and Add Cards:

  • Download the app and sign up with your mobile number.
  • Cred automatically adds credit cards linked to your number.
  • You can manually add more cards later.

Step 3: Verify Cards:

  • Verify each card by entering masked card numbers and a one-time verification charge (refunded).

Step 4: Track and Pay Bills:

  • View upcoming bills and due dates on the app’s dashboard.
  • Pay bills instantly using net banking, UPI, or auto-pay.

Step 5: Earn Rewards:

  • Earn Cred Coins for timely bill payments.
  • Redeem coins for various rewards, including cashback, gift vouchers, and exclusive experiences.

Additional Features:

  • Track credit score and credit report for free.
  • Get personalized insights and tips to improve credit health.
  • View spending patterns and analytics.
  • Set up payment reminders and alerts.
  • Access exclusive offers and discounts from partner brands.

Key Points:

  • Cred is a members-only platform accessible to those with good credit scores.
  • It simplifies credit card bill payments and offers rewards for timely payments.
  • It provides tools to track credit scores, spending patterns, and financial health.
  • It partners with various brands to offer exclusive deals and experiences.


  • Cred doesn’t directly issue credit cards or loans.
  • It focuses on credit card management and financial wellness.
  • Consider your credit score and financial goals to decide if it’s right for you.

Cred’s Future Plans

So, as of now we are assured with the answer Is Cred App Safe? Let’s know more about Cred’s future plans and possibilities, such as:

1. International Expansion: Entering international markets with curated offerings for specific regions could be a growth driver.

2. Deepening partnerships: Strengthening existing collaborations with brands and potentially venturing into new sectors like travel or healthcare could offer more value to users.

3. Financial product integration: Offering curated credit card options or personal loans within the app, tailored to its user base, could further enhance the platform’s financial ecosystem.

4. Investment in AI and analytics: Leveraging AI and data analysis to personalize rewards, offer credit score optimization tips, and predict user behavior could create a more dynamic and engaging experience.

5. Building community features: Fostering interaction between members through exclusive events, online forums, or gamification could cultivate a stronger sense of belonging within the Cred community.

Cred Customer Care Number

CRED does not have any customer care phone number; however, you can reach out to Cred customer care support through their in-app chat or email. Additionally, you can also contact CRED customer care through email, direct messages on Facebook, LinkedIn, Instagram, and Twitter:

  • Facebook: You can DM your queries at @support.cred or visit our page – 
  • Instagram: You can DM your questions at cred_club.
  • Twitter: to get any support, DM @CRED_support.

Conclusion on Is Cred App Safe?

Cred app appears to be safe for credit card payments overall, employing industry-standard security measures and boasting a clean security record. However, inherent risks remain due to its nature as a financial app and its relatively young age. To ensure peace of mind, consider researching Cred’s security in detail, comparing it to alternatives, and practicing good digital hygiene.

Ultimately, the decision to trust Cred rests on your individual comfort level with risk and your assessment of its security practices.

Remember, there’s no foolproof app out there. Approach any financial platform with caution and informed decision-making.

Frequently Asked Questions

Is it safe to share info with CRED?

Sharing your information with CRED appears safe on the surface. They employ industry-standard security measures and haven’t suffered major breaches. Research their security protocols in detail, understand their data practices, and compare them to alternatives before placing your trust.

What are the disadvantages of using CRED?

Limited eligibility: Requires a high credit score (>750) and is only available in India.
Complex business model: Potential concerns about data monetization and targeted advertising.
Privacy concerns: Some users express apprehension about data access and its use.
Young company: Relatively new with a shorter track record for long-term reliability.

Is the CRED app approved by RBI?

Yes, CRED adheres to the guidelines of the Reserve Bank of India (RBI), ensuring it operates within a regulated framework. This provides a layer of trust and oversight for financial transactions.

Is Cred App Safe?

CRED seems secure for managing credit card payments. They use standard security measures and haven’t had major breaches. Ultimately, trusting CRED for your payments depends on your personal risk tolerance and comfort with their data handling.

Disclaimer: The information provided on this website is for general informational purposes only and should not be construed as financial advice, investment recommendations, or guarantees of any kind. This information is not intended as a substitute for professional financial advice. You should always seek the advice of a qualified financial advisor before making any investment or financial decisions.

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Hey, I'm Soniya Luthra (founder of, a Chartered Accountant and seasoned stock market expert with extensive experience in trading and fundamental analysis. As an active participant in the market, I'm passionate about using my expertise to provide clear, actionable insights and guidance, helping readers make informed financial decisions.

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