Making your savings work for you


Sometimes days move at a breathtaking speed. Before you know it, the day’s done. The days when you do nothing are important. They reboot your mind. But unlike people, money shouldn’t sit idle. It needs to keep working. But how do you make your money more productive? Why can’t it just do nothing?

Idle money loses value because it cannot keep up with inflation. And like every LinkedIn post will tell you, compound your savings, it will amount to more. 

At CRED, we realised that some of our members have, on average, INR 2 lakh sitting in their savings account.  So, we wanted to create a product for our members where they can invest this money for inflation-beating interest, managed in a transparent and trustworthy manner, and withdrawable as easily as they invested it. 

We realised that the ideal product to manage idle savings needs to consider the following:

  1. Maximise returns while minimising risks. 
  2. Provide an instant, frictionless experience for investors. 
  3. Offer liquidity in case of emergencies. 

To address this, CRED has launched CRED Mint, an investment product powered by its community, in partnership with Liquiloans, an RBI registered P2P NBFC. CRED Mint enables members to earn interest on idle money. Investments made via CRED Mint will be lent out through CRED Cash, a lending product created for high-trust CRED members, in partnership with banks and NBFCs. 

Members have grown to trust CRED Cash for their emergency spends over the past year; with over INR 2,000 crore disbursed, CRED is India’s leading fintech lender. With CRED Mint, members can invest money knowing that it will only be lent out to others like them: India’s most creditworthy individuals whom CRED knows are good for their word. Even at the scale of CRED Cash, the default rate has historically been less than 1%. To reduce risk further, the invested money will be routed directly to an escrow account held by CRED’s NBFC partner, Liquiloans, and diversified across 200+ borrowers on average. Members who participate in CRED Mint can earn inflation-beating interest rates of up to 9% per annum, higher than traditional methods. 

With CRED Mint, we have made the process of investing money easy, transparent, and fast. Members can put in between INR 1 lakh and 10 lakh in under two minutes, commission-free. They can request withdrawal in one click, partially or in full at any time with no penalty, and earn interest for the period invested. The withdrawal process is fully online, and the money is returned, with interest, within one working day. As a digital platform, CRED reduces friction, inefficiency, commissions, and overheads to pass on higher earnings for members. 

  • For more information on CRED Mint, watch this video
  • Apply for Early Access: 
  • If you are not a CRED member yet, click here to apply 


about CRED

CRED is a members-only platform that rewards the creditworthy individuals of India with exclusive experiences, rewards and upgrades.