How does CRED pay rent work?

CRED RentPay allows members to pay monthly rent with their credit cards, directly from the CRED app. With the option of paying rent on credit, members can free up cash, enjoy the interest-free credit period, and earn reward points on credit card spends.

How much rent can I pay through CRED app?

The costs added to the rent sum when paying with CRED RentPay are known as service charges. These are the fees that payment gateways charge for transactions. CRED’s rent product currently allows you to pay up to INR 2,00,000 in rent. You will need to have a PAN card number for rent payments over INR 50,000 once again.

Is it good to use CRED?

Is CRED App good or bad? CRED App is GOOD and we recommend using this App to pay your Credit Cards bill.

What is CRED stash?

CRED launches instant credit line Stash, this is an amazing platform for Indians looking for quick money for their respective uses, without any hidden charges and complications. One can pay their rents or any other monthly expenses through their credit card directly from the CRED App.

How do CRED apps make money?

With CRED Cash, members are pre-approved for an active credit line of up to Rs 5,00,000 with no forms, documents, phone calls or physical visits. In three steps, CRED members can draw down any amount from their available limit at any hour of the day, and instantly receive the selected amount in their bank accounts.

Is it good to take loan from CRED app?

CRED Stash is economical and more flexible than Credit Card EMI options such as Balance Transfer, Convert Transaction to EMI, Outstanding Balance to EMI, Personal Loan on Credit Card etc. With CRED Stash, users can avail interest rates in the range of 11-14\% which makes it a relatively better choice.

How to pay rent through cred app?

The first step is to install the CRED app and sign up using your credentials. Now, go to RentPay option in the app. In the given column, enter the rent amount to be paid. You will also be charged some service charges along with the rent. Now, click on ‘Proceed with credit card’ and enter your card details to pay the rent directly.

What are the benefits of paying rent with a credit card?

CRED Coins: Apart from credit card rewards, you also get CRED coins for paying credit card bills. Credit Period: You get ~45 day credit period from credit card companies to clear the due. That’s not everything, as you may also get many other indirect benefits once you frequently spend & repay the rent dues on time using a credit card.

What is the difference between cred stash and Cred RentPay?

CRED RentPay allows the users to pay the monthly rent on credit. Cred Stash, on the other hand, is flexible, low-interest instant credit line. Using this app will help the users get an interest-free credit period on rent and also let them earn reward points on their credit cards.

How do I pay rent with my credit card?

CRED RentPay allows members to pay monthly rent with their credit cards, directly from the CRED app. With the option of paying rent on credit, members can free up cash, enjoy the interest-free credit period, and earn reward points on credit card spends.