Prepaid Cards/Wallets

PhonePe's strong focus on UPI might make its prepaid wallet less useful for daily transactions since UPI offers a free and extremely easy way to pay. The wallet could still persist for specific tasks like budgeting or gifting, especially if it continues to offer appealing deals. Essentially, how PhonePe adjusts its wallet features will ultimately determine its future, with UPI taking the lead.

If you don't need cash immediately, then it's better to put all the money in mutual funds. Trust me, it's a wise decision. For stable and steady growth, you could consider a balanced fund or a large-cap fund. The risk factor is very low in these types of mutual funds. 
If you want flexibility, you can transfer this money to your savings account to earn the interest, or you could just put in a short-term fixed deposit.

In my cred wallet, i have around 1 lac coins which I want to use now. I checked the products list on the app bit all the products seems luxury. If anyone has used the points, where have they been used? I would be grateful to learn any tips or strategies for increasing my cred.

Hi,

Double check the account details, mobile number. If you still can’t activate your account, its better to contact the bank and also to GPay support system again. If still that is not working, share your more details with us and I will forward the issue to our technical staff for a quick fix.