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How to Use Cred Coins: Everything You Need to Know

How to Use Cred Coins: Everything You Need to Know

In today’s world, we are all fascinated by rewards and points. Similarly, Cred Coins is one of the concepts initiated by Cred, a famous fintech company. From taking charge and controlling the payment to getting rewards, Cred provides multiple benefits. Well, it’s just that Cred is known to provide a lot more than this.

All you need to do is learn how to use it effectively, and if you are wondering how to use Cred coins, worry not; we are here to help you.

 You will find a reward section on your Cred app that lets customers select the reward that fascinates them or that they like, which can be further used for shopping or purchasing anything. Wait, there are a lot more. You can also redeem the voucher for restaurant discounts, paying bills, cashbacks, etc.

How to Use Cred Coins

If you think using credit cards is difficult, you are mistaken. Instead, it is a straightforward, quick, and easy process. Below, we will help you understand how to use Cred Coins step by step:

  • Download the Cred app on your mobile, and after that, just go to the section named Reward on the Cred app.
  • You will come across multiple rewards; you can select the one you like, but remember that you should have sufficient coins to utilize the rewards you want.
  • Once you select the reward, just click on the redeem button. Hurry; the reward is yours.
  • And the last step is to utilize the reward.

Amazed, right? Didn’t we tell you that using Cred coins is as easy as spreading butter on your toast? So go straight and check the number of coins it has so that you can use it to purchase it and use it the way you like.

Also read – How to Avoid Mobile App Notification Mistakes?

In What Ways You Can Use Cred Coins

Cred coins can be used in several ways, some of which are listed below. So let’s go straight and find out the ways:

  • For making payments, do you know that CredPay has a feature that allows it to be linked to your UPI account? This allows you to make instant payments in a fraction of a second and in the fastest and most quick way possible.
  • Shopping Purpose: Who doesn’t like shopping? Well,  we all do, right? Once you have a decent amount of Cred coins in your Cred app reward section, you can use them to shop for anything you like. From shopping to using it for restaurant discounts, skincare, travel, etc, Cred has everything you need under one roof.

After reading the above section, you must wonder “how to redeem Cred Coins.” Again, we would repeat, worry not; we will cover that too.

One Cred coin that gets collected is equal to one rupee. Isn’t that amazing? Let’s make it easier to understand by giving a simple example. For instance, if you paid a bill of Rs. 4000 using the Cred app, you would automatically get 4,000 Cred coins. Yes, you get that right; it’s like getting back the entire amount as a coin you can use the way you like. You just paid 4,000 and got 4,000 back in your Cred App.

Similarly, the more you use the Cred App, the more Cred Coins you will get. You can keep collecting it. Now, you can use these coins to get discounts on restaurants, shopping, or travel. The redemption process for these Cred Coins is straightforward, too, as we explained to you above.

Moreover, if you keep collecting and gathering Cred Coins for extended periods, you will be eligible for a grand prize, too.

Now, you have many Cred Coins in your Cred app, which seem to expire soon. You are worried about what to do. Now, here comes Burn Cred Coins. It was, again, confused. What is this now? 

Burning Cred coins will automatically allow you to redeem all your gathered coins in just one go. But ensure you have sufficient coins to burn them all at once.

How to Use Cred Coins: Everything You Need to Know
Photo by Karthik Balakrishnan on Unsplash

Now to Burn Cred Coins

  • Log in to your Cred account.
  • A section called ‘Club’ is in the bottom panel; click on that.
  • Go to the reward section and find the cashback reward section. Click on that.
  • You will find multiple cashbacks in that section; click the one that suits you the best.
  • Great job! You have just burned all your Cred Coins.


Cred Coins is a fintech concept that offers rewards and points for users. Users can use Cred Coins to make payments, shop, and redeem vouchers for discounts, bills, and cashback. The Cred app has a reward section where users can select and redeem their favorite rewards for various purposes. Cred Coins can be linked to UPI accounts for instant payments and used for shopping, restaurant discounts, skincare, and travel. Users who use the app accumulate more Cred Coins, which can be used for discounts and grand prizes. 

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