CRED Coins are a pretty sweet perk if you’re someone who uses the CRED app to pay your credit card bills. But most users don’t fully explore the different ways these coins can be used—and that’s where this guide comes in.
In this article, we’ll break down exactly what CRED Coins are, how to use them effectively, and answer some common questions you might have.
What Are CRED Coins?
CRED Coins are reward points you earn every time you pay a credit card bill through the CRED app. For every rupee you pay, you typically earn 1 CRED Coin. These coins can be redeemed for various offers, deals, and discounts across different categories like shopping, food, travel, and wellness.
They’re kind of like cashback—but instead of money, you’re getting exclusive access to rewards, and sometimes, even giveaways.
How Do You Earn CRED Coins?
It’s simple:
- Pay credit card bills using the CRED app.
- For every ₹1 you pay, you earn 1 CRED Coin.
- You might also get extra rewards like cashback or jackpot entries depending on promotions at the time.
There are also CRED Streaks (rewards for consistent usage) and CRED Power Play (IPL-related bonuses) that can boost your coin count.
Ways to Use CRED Coins
Here’s where the fun begins. Once you’ve racked up enough coins, here’s how you can use them:
| Use Case | Details |
|---|---|
| Exclusive Offers | Discounts on top brands (e.g., Myntra, The Man Company, Starbucks, etc.) |
| Jackpots & Games | Enter jackpot contests and games to win big rewards like iPhones or gadgets.. |
| Cashback Offers | Use coins to unlock special cashback deals on bill payments |
| Product Redemptions | Use coins to “purchase” select products via deals inside the app |
| Partner Services | Access services like OTT subscriptions, gym memberships, etc. |
Note: CRED Coins don’t have a fixed monetary value—they’re more like keys to unlock deals.
Tips to Get the Most Out of Your Coins
Want to maximize your coin usage? Here are a few pro tips:
- Redeem Early: Some offers are limited-time or limited-stock, so grab them before they vanish.
- Watch for Flash Sales: CRED often runs timed events with high-value rewards.
- Check Daily: The offers update frequently—stay in the loop!
- Stack with Other Discounts: Combine your coin-based deal with promo codes or bank offers if possible.
- Use CRED Mint or CRED RentPay: These can earn you bonus coins for bigger transactions.
Also Read: How to Use Referral Code in Google Pay
Conclusion
If you’re already using CRED to pay your bills, CRED Coins are free perks—why leave them on the table? With a little strategy, you can turn your regular payments into discounts, gifts, or even cashback Just be smart about where you use your coins, and keep an eye out for those limited-time jackpots.
Frequently Asked Questions
1. Do CRED Coins Expire?
As of now, CRED Coins do not expire. But CRED can change its policies, so it’s a good idea to use them periodically.
2. Can I transfer CRED Coins to someone else?
Nope, CRED Coins are tied to your account and can’t be transferred or gifted.
3. Is there a limit to how many coins I can earn?
There’s no hard limit, but you only earn coins for your owed card payments—not others’.
4. Can I use coins to pay my bills directly?
Not directly. You can’t use CRED Coins as cash, but you can use them to unlock cashback rewards or offers that benefit your bill payments.
5. Are all offers worth the coins?
Not always. Some deals offer great value, while others are just average. It’s best to compare and read the fine print before redeeming.
