CRED - Fair usage policy

CRED - Fair usage policy

83°
Cropped1329001084
Deal Cadet
124
100
0

CRED has restricted “kill the bill” rewards to 5 per CC per month

Only 5 transactions per card per calendar month are eligible for kill the bill rewards on CRED app. https://cdn0.desidime.com/attachments/photos/596925/original/Screenshot_2019-12-01-03-02-51-128_com.dreamplug.androidapp.jpg?1575150025

7 Comments  |  
7 Dimers
75pe
Deal Newbie
243
3121
37
Surya_Baskar wrote:

CRED has restricted “kill the bill” rewards to 5 per CC per month

Only 5 transactions per card per calendar month are eligible for kill the bill rewards on CRED app. https://cdn0.desidime.com/attachments/photos/596925/original/Screenshot_2019-12-01-03-02-51-128_com.dreamplug.androidapp.jpg?1575150025

Now cred is more like a sales site. A sales site with customers data.

Missing
Deal Cadet
83
516
19

Why do you want to make multiple payments?
Just use it as a tool to make payments to card and keep track, anyways you are getting coins which you can use later
Prior to cred would you have split your payments?

Missing
Deal Cadet
50
168
0

The most important reason for me using Cred is that i have multiple credit cards and i am able to pay the bills of all my cards in one place and hence no headache of managing multiple cards. As far as offers are concerned, If i get a good offer even once in six months i just consider it a bonus.

Missing
Deal Cadet
318
686
12

Anyone used 30gems against “upto 10000 cashback to card”… What is the exactly.. it says tax will ve deducted..n is it min 1000 max 10000 to the card + tax deduction..?

Missing
Deal Subedar
17
1468
24
Dealkitalash wrote:

Anyone used 30gems against “upto 10000 cashback to card”… What is the exactly.. it says tax will ve deducted..n is it min 1000 max 10000 to the card + tax deduction..?

It means you can get anything between 1k and 10k.

And the tax thing simply means if suppose you’re getting 6000 in that offer, they’ll deduct tax and deposit balance to your account, and tax will be deposited to govt account.
Usually tax is deducted @ 10% if PAN is provided or else @ 20% if PAN not provided. I’m not sure but these rates have changed this year, so do confirm that.


Now here is the thing, since TDS is deducted on this amount and if you don’t show & add this 6000 in your ITR as your income, expect notice from income tax department.

Missing
Deal Cadet
318
686
12

So even most possible value in scratch card 1k would attract tax…

Missing