- Joined
- 31 Oct 2015
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Cred has reduced the cashback on everything lately. Be it credit card bill payment, utility bill payment, payments on other apps through cred as gateway. They want to reduce the cash burn now to become profitable.Anybody getting good cashback on Cred UPI nowadays I am getting 3 or 4rs thats all
Earlier they were in the scaling up phase and were burning cash to acquire more users, now that they are an established brand they are reducing the cashback, same as what happened with Paytm and Google pay.
The only way to keep getting sustained rewards is to keep switching to newer payment platforms regularly.