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

 

[asimkumar]

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

So useful. Thanks a lot.

 

[ChurningNoob]

So useful. Thanks a lot.

Lot has changed since then.

 

[ALOAK]

Can someone share experience of using Housing.com?

I have used it several times for the past six months have not used it has charges have shot up. Earlier it was free then they made 1percent chgs and later 1.5% now I believe 2% plus u r bank chgs 1% gst too

 

[Ram Arvin]

From last month I am using HDFC DCB with Redgirraffe through Payzapp. Net profit is around Rs 500 worth reward points, not bad.

For a rent of 18k, RedGirraffe charges Rs 83, and I get 600 points with the DCB card which is wort Re 1 when redeeming for travel. In the DCB statement, points for this transaction is coming under insurance payments.

There is not reward points from HDFC for rental payments. So incurring the cost in Red giraffe for HDFC card is expensive

 

[varkey]

There is not reward points from HDFC for rental payments. So incurring the cost in Red giraffe for HDFC card is expensive

If you make the Redgirraffe rent payment using HDFC Bill Pay from netbanking, then it is not categorised as rental payment, and you get the the regular rewards.

 

[ALOAK]

I did not get reward point for rent which I did through cred

 

[Shreyasrp]

Which is the best way to pay rent using Axis Atlas? As I cant see axis option on

RedGirraffe

Also, I have hdfc millennia so which way will be good?

 

[cardenthu09]

H

If you make the Redgirraffe rent payment using HDFC Bill Pay from netbanking, then it is not categorised as rental payment, and you get the the regular rewards.

Hi is it still valid? I need to pay rent and thinking for DCB for rent payment. I think hdfc doesn't charge for first rent payment in the month

 

[varkey]

H

Hi is it still valid? I need to pay rent and thinking for DCB for rent payment. I think hdfc doesn't charge for first rent payment in the month

I think so, I haven't made the payment for November yet. As I mentioned, it is not categorised as rent pay, but a regular bill pay. So you can make any number of such transactions in a month and still get reward points.

 

[Bhavik567]

Hi everyone. I pay society maintenance charges through redgirraffe / magnus currently. Have Burgundy so nett nett happy with 4:5 ratio till 50000 Rs a month. But building going through major repairs and have to pay 10 lakhs in Feb or before. Which card/platform should I use? Any suggestion will be highly appreciated. Thanks

 

[Bhavik567]

Is there any platform that doesn't classify society maintenance payment as rent even if it charges upto 2.5%? Coz magnus will give me more than adequate points to offset the charges. Thanks

 

[Daksh Yadav]

Which of card in 1st post ..still give points on Rent payment in dec 2023 ? as i have heard many have stopped giving points even stopped using it in milestone calculation ?

 

[ALOAK]

Which of card in 1st post ..still give points on Rent payment in dec 2023 ? as i have heard many have stopped giving points even stopped using it in milestone calculation ?

Idfc first select and Vistara card it gives 3x points plus counted for milestones
Sbi prime vistara and prime they however charge 199 plus gst
Standard chartered cards

Although many cards chg u 1%plus gst and if u r using 3rd part apps even then u will get charged on them vary like 1.5 1.2 1.9 2 % so on.

 

[Pack_of_Cards]

Which of card in 1st post ..still give points on Rent payment in dec 2023 ? as i have heard many have stopped giving points even stopped using it in milestone calculation ?

Try Zenith as well it doesn't charges 1% for first rent payment.

 

[maynigam]

BOB Eterna Credit Card

Is this still valid?

 

[Madhav]

Hi @TechnoFino,
Can you please update the list since many changes have occurred and the list no longer stays valid?

It would be really helpful.

 

[Calm Radiance]

Hi @TechnoFino,
Can you please update the list since many changes have occurred and the list no longer stays valid?

It would be really helpful.

Check this link: https://www.technofino.in/community...edit-card-recommendation-by-technofino.21160/

 

[iamdhamo]

In cred for 200 coins now they waived off convenience charge for rent payment. So if one has hdfc cc n not done rent payment they can use n take money out if emergency since 1st rent txn is free in hdfc cc without convenience charge unlike other ccs

 

[minhazuddin]

No matter what but rent payment is more of money rotating guys' game than genuine rent payer.

 

[Calm Radiance]

In cred for 200 coins now they waived off convenience charge for rent payment. So if one has hdfc cc n not done rent payment they can use n take money out if emergency since 1st rent txn is free in hdfc cc without convenience charge unlike other ccs

Is offer user specific? I can't find any such offer.