With an eye on financial inclusion and use of UPI, Kredit.Pe – a Bengaluru based fintech start up launched the SBM Kredit.Pe credit card. The card is available for everyone and is India’s most rewarding cashback card.
“At Kredit.Pe we strive towards financial inclusion. We want to make credit payments available to everyone and the launch of the SBM Kredit.Pe credit card is a revolutionary first step towards that goal. We offer our credit cards to users without any credit history or income proof. Users can get a card with a fixed deposit of as low as Rs 2000 so everyone can be a part of the digital financial ecosystem”, said Prashant Kumar, Founder and CEO of Kredit.Pe.
The card, available on the Kredit.Pe mobile application, offers users cashback every time they use it. This includes 3% cashback for every transaction using the card anywhere; 2% for UPI transactions on the Kredit.Pe app and 1% cashback for online transactions. Users can use their cashback to get massive discounts of 5-10% on popular brands like Amazon, Swiggy, Flipkart, Myntra and much more.
The card is available to users with a fixed deposit of just Rs 2000 and offers high returns of up to 7% per annum on their deposits. Once approved, users will have access to their virtual card instantly to start online and UPI payments. Users do not need to have an existing credit history or income proof to get access to the card.
