Cheq asking for CVV- Is it safe?

[Chaitanya-a]

Why is Cheq requiring CVV just to do credit card payments? Neither Cred nor MobiKwik demanded this.
This app looks suspicious. They found out the PAN without even asking. Simply by mobile number!!

 

[Credit Karma]

Its safe. But my question is why do you wanna use cheq after devaluation? You can use hdfc platinum debit card for better reward rate.

Are there any other options than HDFC for CC payment with cashback?

 

[Deleted member 5552]

Is Reward system really good now? 1:4 cash conversion ratio and 1:2 coupon conversation ratio. Not good anymore.

But new people don't know that convertion ratio was 1:1

So it is good for them 😄

If we change our platinum debit card, cheQ app will be useful for us also... 😃

Anyway, I am sure it is better than Cred for big payments. Am I right??

#I already uninstalled this app.

 

[Chaitanya-a]

But new people don't know that convertion ratio was 1:1

So it is good for them 😄

If we change our platinum debit card, cheQ app will be useful for us also... 😃

Anyway, I am sure it is better than Cred for big payments. Am I right??

#I already uninstalled this app.

For big payments, Yes for sure. Far better than cred. But it also has restriction of 4000 coins per month.

But if we have to move from platinum card, then RBL Signature+ and Indus Exclusive Signature cards are there for similar Cashback.
I think and almost assured that cheq will further downgrade its Cashback which will make it useless in coming future. Lot of alternatives are there in terms of debit card Cashback/rewards.

I too have uninstalled the app and sent the request for account closure.

 

[Rahul Gupta]

Are there any other options than HDFC for CC payment with cashback?

Indus exclusive world/signature.

 

[lhgeek]

I am able to double dip with Citi priority debit card. 1.33% cashback from Citi debit and 1% cheq chips (which can be converted at 1:1 or 1:0.5 depending on voucher)

 

[iNokia]

But this is strange. Even Paisabazaar, Bajaj Finserv type of apps ask for PAN before fetching details.

When u sign up for cheq, u have to tick consent for cibil/credit score reports. It takes ur number and then finds pan number automatically.

 

[karankayastha]

Is Reward system really good now? 1:4 cash conversion ratio and 1:2 coupon conversation ratio. Not good anymore.

Coupon conversation ratio is still 1% what's bad in that?

 

[akshayhs]

Coupon conversation ratio is still 1% what's bad in that?

You probably haven't updated your app.

 

[Chaitanya-a]

Coupon conversation ratio is still 1% what's bad in that?

Nope. Not 1%. Its 0.5% for most of the vouchers like Zomato, Amazon, Flipkart, Myntra, Swiggy, Bigbasket and what not.

Only 2 or 3 vouchers have 1% which are not useful.

 

[Deleted member 5552]

Nope. Not 1%. Its 0.5% for most of the vouchers like Zomato, Amazon, Flipkart, Myntra, Swiggy, Bigbasket and what not.

Only 2 or 3 vouchers have 1% which are not useful.

As long as Hdfc platinum dc gives cashback, we don't need to go after any app

Hdfc bank waived off issuance fee of Rs 750 + gst on platinum debit card.

 

[Chaitanya-a]

I think these credit bureaus should provide 2FA before someone accessing our data, not to mention credit report contains full card number for some banks.

I agree with this point. Other banks have masked the card no. but HDFC Bank provides actual card no. to the credit bureaus which is risky when these bureau gives the data so easily without 2FA.

 

[Deleted member 5552]

I agree with this point. Other banks have masked the card no. but HDFC Bank provides actual card no. to the credit bureaus which is risky when these bureau gives the data so easily without 2FA.

Other banks share our credit account instead of card number. ICICI customer can see their credit account number in credit score. I think HDFC does not have one like that....

 

[Chaitanya-a]

Other banks share our credit account instead of card number. ICICI customer can see their credit account number in credit score. I think HDFC does not have one like that....

That credit account thing I first observed with RBL Bank and I literally called them to ask is that complimentary savings account no. or simply credit account 😂

 

[karankayastha]

Ohh

Nope. Not 1%. Its 0.5% for most of the vouchers like Zomato, Amazon, Flipkart, Myntra, Swiggy, Bigbasket and what not.

Only 2 or 3 vouchers have 1% which are not useful.

Yes my bad i saw just now its a worthless app then

 

[TheMentalist]

But this is strange. Even Paisabazaar, Bajaj Finserv type of apps ask for PAN before fetching details.

Cred doesn't

 

[Deleted member 5552]

Now its rating is 2.2

With in a day, app rating has gone up to 3.7 🫣

 

[Chaitanya-a]

With in a day, app rating has gone up to 3.7 🫣

Inorganic 😉 dare them to do so in iOS App Store

 

[Deleted member 5552]

Inorganic 😉 dare them to do so in iOS App Store

Is rating low in apple app store?

 

[Chaitanya-a]

Is rating low in apple app store?

Yeah. Only 3

 

[Chaitanya-a]

Another reason why this app looks suspicious: