Do you have multiple credit cards and find it difficult to keep track of due dates and avoid late payment fees? Don’t let the hassle of managing multiple cards overwhelm you – take control of your finances today and protect your credit score!
Why you should not pay your Credit Card bills and Loan EMIs directly.
- Time-Consuming: Paying credit card bills and loan EMIs can be a time-consuming task, as you have to keep track of multiple due dates, bill amounts, etc.
- Late Payment Fees: Missing out on due dates can result in expensive late payment fees.
- No Reward: Most payment platforms don’t offer any reward for paying your bills on time.
- No Credit Insights: Many payment platforms don’t offer insights into your credit health, making it difficult to monitor your score and make improvements.
What is CheQ?
CheQ is a service that makes paying your credit card bills, and loan EMIs easier. Not only that but you’ll also get rewarded for your payments. You already know that Cred used to offer Cred Coins for paying Credit card bills. Frankly, I am not a big fan of Cred Coins. It’s actually a useless coin that I never used.
CheQ Benefits
For every payment, you’ll earn 1% back as CheQ Chips. You can then redeem these chips for vouchers from your favorite brands, or convert them to cash. And if you pay your Axis Bank credit card bill through CheQ, you’ll get 1.5% back in CheQ Chips. But it doesn’t stop there.
CheQ also offers a “Pay Together” feature, which allows you to pay multiple bills in a single transaction. This makes it easy to keep track of your payments and avoid late fees. And you can also monitor your credit score and get key insights into your credit health.
Finally, CheQ Safe will help you never miss a due date again. You’ll receive reminders to help you pay your bills on time, and you’ll have access to up-to-date due dates, bill amounts, and more. I’ve been using CheQ for a few weeks now and I’m really impressed. It’s easy to use, and the rewards are great. Plus, I don’t have to worry about missing any payments. If you’re looking for an easy, convenient way to pay your bills and get rewarded for it, then I highly recommend giving CheQ a try.
Cred Vs CheQ
When it comes to paying credit card bills Cred and CheQ offer similar solutions. Both allow users to pay their bills quickly and easily. However, CheQ stands out from Cred in two key areas. Firstly, CheQ rewards users for their payments with 1% back in CheQ Chips, with an additional 1.5% for Axis Bank credit card payments. In comparison, Cred only offers Cred Coins which are not as useful as CheQ Chips. Secondly, CheQ also offers a “Pay Together” feature, allowing users to pay multiple bills in a single transaction. This makes it easier to keep track of payments and avoid late fees.
Cred was unique and best when it was launched. Now Cred is more focused on personal loans and UPI payment solutions. so CheQ might get a boost as users are switching to CheQ as it offers better rewards than Cred.
