Credit Card Referral Program
Credit Card Policy (Applied through Finraise)
At Finraise, we take pride in offering our users a comprehensive and rewarding credit card application experience. To uphold transparency and professionalism, we have established a policy that outlines the details of our cashback rewards, referral bonuses, and declined application compensation:
Cashback Rewards: Upon a successful credit card application through Finraise, eligible users can receive cashback rewards of up to 500 INR. These cashback rewards can be seamlessly credited to your Paytm wallet or converted into credit points, ensuring flexibility and value.
Referral Bonus: We encourage our users to share the benefits of Finraise with their acquaintances by referring them to apply for credit cards through our platform. As a gesture of our gratitude, we extend referral bonuses of up to 250 INR for each successful credit card application referred by you. We believe in the power of word-of-mouth and value your advocacy.
Declined Application Compensation:In the event that a credit card application is declined, Finraise is committed to providing compensation of 50 INR to the applicant.
To ensure a fair and transparent process, this compensation is subject to specific qualifying criteria, including:
To ensure a fair and transparent process, this compensation is subject to specific qualifying criteria, including:
- Minimum CIBIL Score of 720.
- One must have original PAN Card, and identity and address proof.
- Must have prior experience proof of at least 1 year.
- Current employment with a minimum monthly salary of 40,000/- in last 6 months.
- Salary must be transferred via NEFT only.
- The applicant’s current employer should have a proven track record of at least 3 years.
- No history of written-off loans or credit cards.
- No current outstanding debts (Loans or Credit Cards).
- Loan or Credit Cards EMI payments should not exceed 40% of the monthly salary.
- Residence in cities as specified by the pin codes of the respective banks.
- Applicants within the age range 22 – 55.
Additional Considerations:
- Finraise retains the right to make amendments or terminate these rewards and compensation policies at its discretion.
- These policies are subject to the terms and conditions of the respective financial institutions offering the credit cards.
- Users must meet the eligibility criteria specified by the financial institutions to qualify for these rewards and compensation.
- Users are responsible for providing accurate, current, and truthful information during the application process.
Our objective is to deliver value to our users while upholding the highest standards of professionalism. We aim to simplify the credit card application process and make it both user-friendly and financially advantageous. Your trust and satisfaction are paramount to us, and we look forward to continuing to serve your financial needs.
