Best Credit Card For Rent Payment & Rent Payment Platforms

[TechnoFino]

Here I'm listing some good credit cards that you can use to pay your property rent and earn good reward:-

1. Standard Chartered Ultimate Credit Card -
   Reward Rate - 3.33%
   Capping - No Capping
   Reward Type - Reward Points, Can be redeemed for gift vouchers
   
   
2. BOB Eterna Credit Card -
   Reward Rate - 3.75% (5X)
   Capping - 5000 RP at 5X afterwards 1X
   ie. if you spend 42,000 you'll get maximum 5x points, 5000 RP per month.
   Reward Type - Reward Points, Can be redeemed for statement cash.
   
   
3. Axis Magnus Credit Card -
   Reward Rate - 4.8% Miles / 1.2% GV / 2.4% Multibrand Voucher
   Capping - You'll get reward points for maximum Rs 50,000 Per Transaction.
   ie. If you pay rent of 60,000 you'll get maximum 3000 points, not 3600.
   Reward Type - Reward Points, Can be redeemed for airmiles/hotel points (best value) or gift vouchers.
   
   
4. Axis Reserve Credit Card -
   Reward Rate - 6% Miles / 1.5% GV / 3% Multibrand Voucher
   Capping - You'll get reward points for maximum Rs 1,00,000 Per
   Transaction.
   ie. If you pay rent of 1,20,000 you'll get maximum 7500 points, not 9000.
   Reward Type - Reward Points, Can be redeemed for airmiles/hotel points (best value) or gift vouchers.
   
   
5. Axis Vistara Infinite Credit Card -
   Reward Rate - 3% CV Points
   Capping - No Cap
   Reward Type - CV Points
   
   
6. Axis Vistara Signature Credit Card -
   Reward Rate - 2% CV Points
   Capping - No Cap
   Reward Type - CV Points
   
   
7. SBI Vistara Prime Credit Card -
   Reward Rate - 2% CV Points
   Capping - No Cap
   Reward Type - CV Points
   
   
8. HDFC Infinia Credit Card -
   Reward Rate - 3.33% Airmiles/Direct travel booking / 1.67% GV / 1% Cash
   Capping - Maximum 2000 RP per month.
   ie. If you pay rent of 60,000 you'll get maximum reward points 2000.
   Reward Type - Reward Points, Can be redeemed for airmiles/gift vouchers/direct travel booking/statement cash.
   
   
9. HDFC Diners Black Credit Card -
   Reward Rate - 3.33% Airmiles/Direct travel booking / 1.67% GV / 1% Cash
   Capping - Maximum 2000 RP per month.
   ie. If you pay rent of 60,000 you'll get maximum reward points 2000.
   Reward Type - Reward Points, Can be redeemed for airmiles/gift vouchers/direct travel booking/statement cash.

Now, I'm listing some platforms, from where you can pay your rent using your credit card -

Platform Name	Processing Fees
RedGirraffe	0.39% + GST
Cred	1.5% + GST
Paytm	1.75% + GST
Magicbricks	1% + GST
Nobroker	1% + GST
Housing.com	1% + GST
Paymatrix	2% + GST
Freecharge	0.90% + GST

 

[jack333]

So best is bob eterna for those who don't travel much as no card gives 3.75% statement cash.

 

[ankurq7]

Magicbricks charges 1.4% for Visa.
Cred also charges different rates for MC & Visa
Housing is 1.45% flat

I think all the charges mentioned here are outdated

 

[Waynoway]

cred and paytm have different (higher) charges.

 

[ChurningNoob]

Thanks for the details, would be helpful if you could add another column for whether rent agreement is required or not

 

[hariselio]

axis cards cannot be used in redgiraffe right?

 

[harsh42s]

Best is Bob Eterna!

 

[MrMonkey]

BOB Eterna Credit Card reward rate for Rent will change from Nov 15

https://www.bobfinancial.com/documents/REVISIONINTARIFFOFCHARGES&PRODUCT%20FEATURE%20w.e.f15th%20November%202022.pdf

 

[Nishb]

A column for rent agreement would be great as suggested by someone above.

 

[anonymuos]

BOB Eterna Credit Card reward rate for Rent will change from Nov 15

https://www.bobfinancial.com/documents/REVISIONINTARIFFOFCHARGES&PRODUCT%20FEATURE%20w.e.f15th%20November%202022.pdf

Any idea why Swavlamban has higher reward point rate when it's a basic entry-level cc? Probably because of a lower cap on reward points.

 

[abhinav00702]

Onecard is running a promotional offer for rent payment for 29-30 nov 2022, convenience fees is around 1.5% and discount applicable is 1000.

One would need pancard and upi or bank details of owner

 

[Rjain1111]

Has anyone used Axis Reserve on Redgiraffe? Is it working?

 

[shaktiman]

I tried paying through Freecharge, it was 1.28% + GST

 

[enlightedinvestor]

Which of following card will be good for rent payment on red giraffe

1. HDFC Millenia
2. Axis Myzone
3. IDFC Millenia
4. Bob Premier
5. Pnb rupay select

 

[Sivakumar]

Is it worth paying the rent through credit cards now as the credit cards are not providing reward points and they are charging 1% extra and the payment gateway charges are around 1 to 2 %? …. We end up paying 2to 3% extra without reward points only for milestone benedits…..

 

[desaik231]

RedGirraffe is not allowing Axis bank cards. Is any one facing the same issue?

 

[kunal_07]

Update from PayZapp team: there is a problem with high value payments ( above 1L ) which will get resolved by EOD today.
Axis Vistara Card payments of smaller value (like a test payment of 100) went though. So no problem with Axis, seems to be an issue with PayZapp only.

 

[faraaz303]

Which card is good for rent payments considering current latest scenario in Jan 2023

 

[anirban.choudhury]

Which card is good for rent payments considering current latest scenario in Jan 2023

Magnus and Ultimate

 

[faraaz303]

Which platform is best with lowest fees to pay rent and will support Magnus or Ultimate?