Cred Coins are valuable in the Cred System which enables its users to enjoy various benefits for the loyalty they earn through different actions including paying off their credit cards to the app on time. Essentially, the application has changed the way users handle their credit card payments and issues loyalty points instead called Cred Coins. Moreover, users can earn and redeem points for discounts, vouchers, cashbacks, and a lot more other opportunities. This article goes in-depth covering all the intricacies associated with Cred Coins including how to acquire them, How can Cred Coins be used, what’s the point of burning Cred Coins, and other relevant content in bridging everything together. So without wasting any time, let’s go!
What Are Cred Coins?
Cred app issues Cred coins as part of their app to users who settle their credit card bills on time. Cred coins are accumulated every time a user makes a payment and there is a direct correlation between the amount paid and the number of coins earned. These coins can be used to obtain discounts, use cashback, get exclusive offers, and be redeemed for other premium services.
Cred coins are different from reward points, the only reason being they do not have defined limits as far as the cash value is concerned.
How to Earn Cred Coins?
The process of earning Cred Coins is simple and satisfying. Here’s what you can do to earn them:
- Pay Your Credit Card Bills: The easiest way of earning Cred Coins is spending using the app by paying your credit card bills. After every payment, you will get coins relative to the total amount spent and all the offers attached to that payment made.
- Referral Program: You can refer your friends and relatives to download the app so that they can sign up under Cred’s referral program.
- Special Offers and Tasks: Time-limited campaigns, challenges, and several other tasks performed within the app should also be periodically monitored. Cred runs many campaigns from time to time where they give out bonus Cred Coins for particular actions to be performed.
- Engage with Cred’s Features: Other features available on the app like Cred Pay which allows UPI payments or Cred Garage to manage the vehicles will also earn you more Cred Coins.
How to Use Cred Coins?
Having saved up a few Cred coins for yourself, you may now be eager to start spending them. The best ensures of doing so include:
1. Redeem Rewards
Cred Coins can be redeemed for a wide variety of rewards. To redeem your coins:
- Open the Cred app and navigate to the Rewards Section Available on the main screen.
- Scan through the rewards available such as vouchers, discounts, and an exclusive experience.
- Select a reward which Cred coins redeeming which you can afford.
- Go ahead and click the Redeem button, and follow the subsequent requirements.
Common rewards include:
- Shopping Vouchers: These will provide you with huge discounts with large retailers such as Myntra and Amazon or any other e-commerce platform of choice.
- Cash back: A percentage of the transaction amount always gets returned through the Cred wallet.
- Exclusive Experiences: Whether you want to attend a VIP event, be part of an early product launch, or watch exclusive movies, you will be able to do it all with this option.
2. Play Mini-Games
Enjoyable mini-games such as Spin & Win and Jackpots on the Cred platform call for participants to possess Cred Coins. Regardless of luck being a major factor as to whether or not they get a chance to win, one can still win cool gadgets as well as vouchers and cashback.
3. Get Special Access and Boosts
Cred collaborates with many brands to provide users with access to offers that cannot readily be availed by the general public including some additional code that yields some extra benefits. If you wish to redeem Boost Coupons for quick limited-time offers, spend your coins.
4. Cred Pay
Make payments within the app and earn more Cred Coins with Cred Coin’s UPI-powered payment option. With this method, users can spend Cred Coins and still earn rewards on their purchases.
Types of Rewards You Can Redeem with Cred Coins
Cred Coins offer a wide variety of rewards that suit different interests and preferences. Here are the most popular rewards you can claim:
- Assured Vouchers guarantee a reward once claimed. These vouchers typically offer discounts on popular brands, e-commerce platforms, or restaurants.
- Cred Garage Reward is a section within the app dedicated to managing vehicle-related services such as insurance, challan payments, and more. You can earn rewards like discounts on automotive services and cashback. Include cashback and discounts on vehicle services.
- Special Access Deals Cred’s special access deals beat all the wishes and offers you can get at partner stores or brands as they are with deals. This comes in handy for users who prefer to enjoy offers before they are available to everyone.
- Quiz Rewards In the Cred Rewards Section, quizzes that are assured are available in different topics. Engaging with these quizzes is both an interesting and a rewarding way of learning new things and winning prizes.
- Deal of the Day In most cases, new businesses give out limited-time-use Deal of the Day offers and these are available on Cred every single day. They tend to switch up, giving a discount on certain items or services. Use Cred Coins to get these deals with higher savings.
How to Redeem Cred Coins for Cashback

You can also get cash back from your purchases which is a CRED Coin feature. The cashback is always a percentage of the total transaction amount. In this guide, we will explain the process of getting cash back from your Cred Coins. Here is how:
- First of all, download the Cred App and log in to your account.
- On the app’s menu, look for the words “Rewards”.
- From one of the options displayed, choose the option that would give you a Cashback Reward and select it.
- Claim the cashback, and it will be credited to your account or your credit card bill.
Still, there are some steps that one can take to manage their money better, and ideally, after following progressive steps, you will be able to get money back on your purchase cashback rewards.
How to Burn Cred Coins
As per the guidelines regarding the use of Cred Coins or documents burning means using your earned coins in exchange for a reward. This is how you can burn Cred Coins:
- Download and log in to your Cred account via the application.
- Go to the section where redemption is available.
- Look for the desired reward you would want to redeem and select it.
- Hit the redeem option and carefully follow the on-screen instructions to burn your coins.
Cred Coins Validity
The life span of a Cred Coin is 12 months post its issuance, coins that cut beyond this timeframe can no longer be Queen investments, so ensure that you keep track of your coins and ensure they are either redeemed or burned over their lifetime. Additionally, you can communicate with the support team through the embedded chat to discover how to check on the expiration date of your credits.
How to Convert Cred Coins to Cash
While it’s not possible to turn Cred Coins into money, you can at least exchange them for rewards with financial benefits such as:
- Cashback on bill payments: Such rewards are reversed to the mode of payment giving you access to cash.
- Vouchers and Discounts: Cred Coins can be redeemed for a voucher or discount turning out to be a cash saving.
Benefits of Using Cred Coins

Cred Coins offer a wide range of benefits that make it more than just a loyalty program:
- Special Deals and Discounts: Get exclusive access to all discounts, deals, and experiences that are only available on Cred.
- Financial Convenience: Use Cred Pay to make quick payments, earn additional rewards, and simplify your financial transactions.
- Payment Responsibility Motivation: Considerably providing a great way for people to make their bill payments promptly by using credit coins.
- Fun Engagement: Participate in mini-games like Spin & Win and Jackpots for a chance to win exciting prizes.
Also Read: How to Use Referral Code in GPay?
Conclusion
By allowing users to earn rewards for consistent credit card bill payments, Cred Coins enables its users to revolutionize their operations. The app offers a lot more than just reward redemption as it makes the process of bill payment simple as well, continuously developing the financial behavior of the user. The best part is the use of Cred Coins which lets users make the most out of promo codes, cashback, special deals, and more.
Install the Cred app to start accumulating your Cred Coins and take advantage of the great perks that come with being a responsible user!
FAQs Related To How To Use Cred Coins?
1. What Are Cred Coins and How Do They Work?
Cred Coins are useful in shopping and making a purchase through a CRED app. Such coins are a result of settling monthly spending using a credit card. Ranges of options equipped with making use of each purchase can be redeemed out such as use of vouchers, shopping, and cash backs. Further, more coins are earned through Mess by paying more bills.
2. How Can I Earn Cred Coins?
In case you use the app to pay your credit card bills, you will be able to earn the Cred Coins. Besides, Cred runs contests offering coins for completing certain tasks, attending events, special offers, and promoting people. Moreover, you can also earn even more using the features that offer Cred Pay since it pays users who make payments through UPI in the app.
3. How Do I Redeem My Cred Coins?
Go to the Cred rewards section, find the services where you would like to redeem your Cred coins and click on it. Please note that these coins are for specific items, and they are one-time coins for ordering, so if you have ordered using a coin, you cannot use it again. As soon as you have performed a task, just click the redeem button, and the coins that you currently have will do the rest.
4. What Types of Rewards Can I Get with Cred Coins?
You may utilize cred coins to obtain shopping vouchers and cashback, access exclusive offers, and join in mini-games like Spin & Win or Jackpots, which have some discounts and benefits from affiliated brands.
5. Can I Convert Cred Coins to Cash?
The straightforward answer to this question is no. However, it is inaccurate to say that you cannot get any value from your cred coins. With the help of auth tokens, you can easily redeem your cred coins for cashback or vouchers.