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Loveincorporated Ca Group

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Introduction to How to Burn Cred Coins – Cred Coins, a digital currency within the Cred app, are not just points; they’re your ticket to a realm of rewards and benefits. Whether you’re aiming for exclusive deals, cashback, or grand prizes, understanding how to burn Cred Coins is crucial. This comprehensive guide walks you through the process, offering insights into redemption, utilization, and indirect conversion options.


What is Cred Coins?

Before diving into the burning process, it’s essential to grasp the value and accumulation of Cred Coins. One Cred Coin equals one Rupee of credit card payment amount, and users earn them by responsibly paying their credit card bills through the Cred app. For instance, a bill payment of Rs. 5,000 translates to 5,000 Cred Coins.

How to Burn Cred Coins: Simplifying the Process

Burning Cred Coins involves redeeming them in a strategic manner, ensuring you maximize their value. This process becomes essential when you have a substantial amount of Cred Coins that might be approaching expiration.

How to Burn Steps By Step:

  1. Open the app and log in.

  2. Click on ‘Club’ at the bottom.

  3. Navigate to ‘Rewards’ and select ‘Cashback Rewards.’

  4. Choose a cashback offer and pull down on the appearing circle.

  5. Your Cred Coins have been successfully burned.


How to Convert Cred Coins to Cash: Indirect Paths

While direct conversion of Cred Coins to cash isn’t available, users can indirectly harness their value through various avenues.

Indirect Conversion Strategies:

  1. Cashback to Credit Card: After burning Cred Coins, the cashback is credited to your credit card, acting as cash.

  2. Continuous Payment: Every bill payment through the app adds an equal amount of Cred Coins to your account, redeemable for deals or offers.

  3. Accumulation for Larger Sum: Consistent payments and coin collection lead to a larger sum for burning, unlocking more significant benefits.


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