Are you a Credit card holder? You might be exploring which app gives more cashback on credit card bill payment? Certainly, you should look into CheQ app which offer up to ₹4000 cashback per month on credit card bill payment.
CheQ is a new alternative to Cred's, offering a more reliable and improved cashback for those seeking a better credit card bill payment experience.
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What is CheQ App: An Overview
CheQ is a credit card and loan payment app. With this application, users can not only make payments but also check their credit card scores. Additionally, it offers a convenient "pay together" feature, allowing users to pay all their credit card bills in one go.
If you're familiar with using the Cred app for paying your credit card bills, you'll find that the cheQ app is quite similar. However, what sets it apart is its guaranteed flat 1% cashback on every credit card bill payment.
Getting cashback of 10-20 rupees on a credit card bill payment worth a thousand rupees is not very significant. While MobiKwik can be considered as an alternative, if you've already exhausted all the offers on that app, you might want to try CheQ for your next bill payment. It offers a guaranteed flat 1% cashback, which sets it apart from other options.
Cred vs CheQ
| Feature | CheQ | CRED |
|---|---|---|
| Offers cashback on credit card bill payments | Flat 1% cashback | Variable cashback |
| Points Collection/Redemption | Cash/Gift Cards | CRED coins (no real value) |
| Processing charge | Yes | No |
| Interface | Clean and less cluttered | Clean and less cluttered |
| Cashback Redemption | CheQ chips (can be redeemed for cash or brand vouchers) | CRED coins (to play "Spin the Wheel" game) |
| Credit Card Support | Not specified | Wide range of credit cards |
| Partner Offers | Not specified | Wide range of partner offers |
| Additional Features | Not specified | Credit card, recharge/bill payment options within the app |
CheQ's standout feature is its flat 1-1.5% cashback offer (which appears to be more appealing than the rewards offered by CRED.
CheQ Cashback Program
CheQ's cashback policy is straightforward and reliable, unlike Cred's unpredictable rewards system. At present, CheQ offers a flat 1% cashback on all credit card bill payments. Additionally, Axis bank users can earn extra chips by availing themselves of the special offer of 1.5% cashback on successful credit card bill payments.
Here, cashback will be given in the form of CheQ chips. These CheQ chips can be redeemed for real cash or brand vouchers.
For instance, let's say you have 1000 CheQ chips, which is equivalent to ₹250 when converted to actual cash (since 4 chips = ₹1). However, exchanging the CheQ chips for brand vouchers may be a more attractive option. Currently, the following brands' vouchers are available for conversion using the CheQ chips.
Requirements for Joining CheQ:
- You need to have an Experian score of 750 or higher.
- Minimal documentation, such as a phone number linked to your PAN card and an email address, is necessary to sign up for the app.
Steps to Use CheQ App:
- Download the CheQ app from the link and enter your mobile number. Verify your mobile number through OTP.
- Fill in your basic details such as first name, last name, and email ID on the next page and proceed to the next step.
- Enter your PAN number and DOB (Date of Birth) as part of minimal documentation required for sign-up.
- To add a credit card, select "Add Card" option and enter your credit card details. Verify your card through OTP.
- You can now use the app to make your credit card bill payment and earn assured cashback in the form of CheQ chips.
Features of CheQ app
Add multiple cards at Once: You can add as many cards as you want by verifying them using a linked mobile number.
Pay together: Pay together is a feature to let you pay bills for all the stored credit cards at once.
Refer and earn: You can earn chips by inviting your friends about this app. You will be given some chips as a reward for inviting your friends to the platform. When they make payment, you will receive referral credit.
Credit Card Bill Payment offers on CheQ App
Get 1% Cashback: To avail this offer, Just make a payment to pay your credit card bill and you will automatically receive 1% cashback in the form of chips once the transaction is successful.
Get 1.5% Cashback (Only for Axis bank Users): If you make a payment for Axis bank card, you will receive an additional 0.5% cashback upon successful payment. This offer is for a limited period only.
FAQ
What is CheQ Referral Code
You can referral link instead of referral code to earn free CheQ chips. Ask your friend to share referral link.
What is CheQ Referral Program?
There is no referral code required to get benefits. Simply download the app from a referral link, and you will receive bonus cash.
The details of benefit can vary over time, so it's difficult to determine how much you can earn using a CheQ referral link.
Upon each successful referral, you will receive a reward of 100 chips, which is equivalent to 25 INR. Therefore, why not take the initiative and invite your friends to try out this platform by providing them with your invitation link and earn some CheQ Chips at no cost?
What are CheQ Chips?
CheQ Chips are the app’s in-app currency, received as a reward for every payment on CheQ. They can be redeemed for vouchers from top brands like Amazon, Flipkart, Swiggy, Zomato etc., or converted to cash & taken to the bank. You can earn 1% CheQ Chips on every payment, capped at 4000 chips in a month.
How do I redeem CheQ Chips?
You can redeem CheQ Chips within CheQ app for cash vouchers from your favourite brands like Amazon, Flipkart, Myntra, Zomato, Swiggy, Domino’s and Uber. You can also convert CheQ Chips to cash and withdraw it to your bank account.
To convert chips, click on chips (top-right corner) and then you will find "convert to cash" or "explore vouchers" to redeem into cash or vouchers.
How do I download CheQ app?
You can download the CheQ app from the App Store if you have an iOS device or from the Google Play Store if you have an Android device. Just search for “CheQ” in the respective app store and follow the instructions to download and install it on your device.
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