Cred — CRED failed transactions

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India

If you are doing a large payment on credit card through CRED, especially on weekends, holidays etc, by default it fails, but it debits your bank account and money is refunded back in couple of days. You end up running around for another funds to make payments for credit card on last day. CRED actually uses your money for 2 days free of cost and then returns it. Think of several such failed transactions daily by CRED where they get a large float to use it every day free of cost. Its all about using free money for petty cashback of Rs10 etc. As a customer, we only see our transaction, but think of this large scale fraud for using free money from Customers by purposefully failing transactions of large number of customers with high value payments. After I get my money back this time, I am going to straightway delete this App. I have lost trust in them.