Cred is set to launch its first ever co-branded credit card in partnership with IndusInd Bank. This move marks CRED’s most significant product expansion yet.
CRED’s Aim-
The card aims to integrate CRED’s popular features like credit score tracking, cashback, bill payments, travel packages, FASTag payments and curated lifestyle offers, into one complete financial product.
Expected Launch Time -
The card is set to launch within 12 weeks.
Outlook-
This places CRED in direct competition with other finntechs offering co-branded cards such as Slice, Uni, OneCard, Fibe, and Super.money.
For IndusInd Bank, this partnership gives access to high-value premium customers who are usually targeted by big tier-1 banks.