Cred- India’s Chase sapphire moment

I am a credit card nut. To me it is one of the wonders of modern capitalism.

Someone gives you money free for a period, you get to track all your expenses at one go, and you can eat for free at airport lounges.

In the US, travel rewards gaming is a cottage industry in itself with the Points Guy and host of other famous reviewers.

The Chase sapphire card, was the ‘It’ card for millennials with a massive sign-up bonus of 100K points, and the card was such a hit that JP Morgan Chase ran out of metal to print it.

It was last week that Kunal Shah launched his credit card payment app, Cred- Cred has super smooth UI and a too good to be true rewards points in place now.

It’s just a matter of time, Cred branded credit cards hit the scene and before Indian banks would have waken up , the most affluent section of Bank’s consumers have slipped away.