Multiply: Card Recommendations

Multiply is a fintech application created to simplify credit cards. Given the vast array of credit cards available in India, each with unique benefits, selecting the best combination of cards to maximise returns can be daunting. However, Multiply streamlines this process by utilising its proprietary algorithm to assist users in creating a credit card portfolio that can help them get up to 10% return on all their spends.

How does Multiply work & why should you download the app?

Get FREE credit card recommendations that are suggested to you based on the proprietary algorithm that we have built using our mental models that have been trained with a combined experience of 30+ years using credit cards extensively.
There are hundreds of credit card products in India. However, only a limited number of cards make it through our strenuous checklist. Further, we map the spend pattern, income, and reward preference of a user with benefits of the cards to curate a set of cards that is personalised for him or her. Our users would end up using cards that could generate a 4-7% return in the form of cashback and vouchers & 9-12% returns in the form of travel using reward points.
Multiply also works as a reward maximizer assistant for our users by providing transactional level insights & personalised credit card content as per their reward preferences; be it vouchers, flights, & hotels or cashback.
By suggesting a unique credit card portfolio along with other features we help cardholders to make their spending journey as rewarding as possible.

FAQs
Is Multiply meant for existing cardholders?
Even if you already possess a credit card, it is recommended to download Multiply. This is because Multiply can assist you in determining if you are using the appropriate credit card or would benefit from upgrading to a better one.
Also, our rewards maximizer assistant can help you choose the right card from your portfolio for maximised return on every transaction that you undertake.

Why should I apply for a credit card through Multiply?
The existence of numerous banks results in an abundance of credit card options, with 95% failing to meet our criteria. To benefit from a credit card that offers maximum returns on all spending, it is recommended to download Multiply.

Why does Multiply believe that credit cards are the most rewarding form of payment?
Credit cards can be the most rewarding form of payment due to their potential benefits, such as reward points, discounts, offers, or miles for every transaction made. These rewards can accumulate over time and be redeemed for various items, including travel, hotel stays, merchandise, shopping vouchers, or statement credits. Additionally, many credit cards have additional perks, such as airport lounge access or travel insurance.

Will using Multiply help me improve or impact my credit score?
We do fetch your credit report from the bureau for knowing the current set of credit cards that you hold. However, this is a soft enquiry and therefore, there is no impact on your credit score.

How does Multiply treat the user’s data if they delete their accounts?
Users can request the deletion of their Multiply account from within the app itself. We will delete all your personal and financial data within 48 hours. Multiply places a high value on data privacy by implementing strict measures to protect user data. We comply with data protection regulations and ensure that data is only used for the intended purpose with user consent.