Credit cards offer an easy line of credit that doesn’t require additional paperwork. It can be your best financial asset for short term credit when used wisely. However, if you fail to pay your bills on time, it can adversely impact your credit score and lead to a debt trap. Today, many bill payment applications have made it easier than ever to pay your credit card bills. Some of the best cashback apps offer massive cashback on your bill payment. Incentivising timely bill payments has made people more punctual when it comes to meeting their payment obligations. Let’s delve deeper to learn about some interesting credit card bill payment apps that have cashback offers for users in India.
CRED
The first in the list of best credit card bill payments app that offer cashback to users is CRED. CRED has gained immense popularity among credit card users within a very short period. The user count for this application is exponentially increasing; given the benefit it offers to users. You can easily make your bill payments using a debit card, UPI, NEFT or net banking. Every time a user pays the credit card bill using the Fave app, it gives cred coins equivalent to the payment amount. These coins can be redeemed to avail of cash backs and other exciting offers. In addition to this, users can also get mystery cashback after crossing a certain threshold payment amount.
Paytm
Paytm is undoubtedly one of the best cashback apps that offer discounts and cashback to users on credit card bill payments. Paytm is one of the oldest payment applications in India that got immensely popular post the historic demonetisation in India. It is now a household name in the country and has a massive daily user base. It doesn’t have a fixed cashback structure like CRED. The cashback offers on credit bill payment with this app can vary. Users can get up to 1,00,000 cashback points on bill payments of over INR 5000. The monetary value of 1,00,000 cashback points, in this case, is equal to INR 1000.
Amazon
The first thing that naturally comes to mind when we hear about Amazon is an online shopping marketplace. However, Amazon has diversified its operations over time to provide a complete ecosystem for users. One can quickly pay their credit card bills using Amazon to earn exciting cashback rewards. Paying bills using Amazon doesn’t guarantee a specific cashback amount. However, you do get cash back rewards frequently. One can visit the Amazon Pay section to check for the latest credit card bill payments offers. You can also see these offers in the credit card bill section.
PhonePe
Like PayTm, PhonePe is also a household name in India and boasts over 350 million users. One can easily use PhonePe to make credit card bill payments and earn cashback. Using UPI, people get scratch cards that can provide up to INR 1000 cashback on bill payments. Users can easily navigate to the Recharge and Pay Bills tab and open the ‘Credit Card Bill’ section to make their online bill payments. It is among the best cashback apps in India.
Mobikwik
Mobikwik app takes a different approach to reward its users with cashback on bill payments. Users can earn ‘Supercash’ every time they make their credit card bill payments using this application. This ‘Supercash’ can be used to complete transactions, but only 5% of the total amount can be used per transaction. You can make your credit card bill payment using UPI or debit card on Mobikwik. It offers an exciting way to reward loyal customers.
