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

 

[iamdhamo]

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

It was present that time when I posted this message but now it's not there for me as well. I m not sure if it's user specific

 

[ancientplayer]

Please update this thread

 

[praveensudhakaran]

As of March 2024, Which is the best platform to pay the rent?

 

[ALOAK]

As of March 2024, Which is the best platform to pay the rent?

Only two cards give you rent points but the do chg 1% plus gst like all other cards.

Idfc and std chartered both give you points and counted for milestones.

 

[praveensudhakaran]

Only two cards give you rent points but the do chg 1% plus gst like all other cards.

Idfc and std chartered both give you points and counted for milestones.

I have idfc wealth, how to pay? Platform?

 

[ALOAK]

I have idfc wealth, how to pay? Platform?

Paltform phonepe cred paytm nobroker magic bricks etc try any onenof them but be aware that even paltforms chg you with 1% plus gst along with banks chgs the same
Effectively u r getting charged both side. If you have sbi card irrespective of amount they chg you 199 plus gst

 

[iamdhamo]

Paltform phonepe cred paytm nobroker magic bricks etc try any onenof them but be aware that even paltforms chg you with 1% plus gst along with banks chgs the same
Effectively u r getting charged both side. If you have sbi card irrespective of amount they chg you 199 plus gst

I m not getting rent with cc option in Paytm and also check platform fees if they apply for paying. red giraffe is cheaper in terms of convenience fee

 

[ALOAK]

I m not getting rent with cc option in Paytm and also check platform fees if they apply for paying. red giraffe is cheaper in terms of convenience fee

Maybe paytm platform must have removed rent now due tonsomenissues with rbi. Trybothers like cred phonepe

 

[iamdhamo]

Maybe paytm platform must have removed rent now due tonsomenissues with rbi. Trybothers like cred phonepe

I don't use any of them now cos of high convenience fee with 1% charge by bank.

Hdfc doesn't charge for 1st rent payment and last month cred gave option to pay without convenience fee n I made use of it

 

[ALOAK]

I don't use any of them now cos of high convenience fee with 1% charge by bank.

Hdfc doesn't charge for 1st rent payment and last month cred gave option to pay without convenience fee n I made use of it

Maybe every month u may get offer like that check and utilize it.

 

[iamdhamo]

Maybe every month u may get offer like that check and utilize it.

Got last month but not this month. I check regularly

 

[mojo_jojo123]

does idfc first wealth + redgiraffe works ?

 

[paxauquabriba-4876]

As of March 2024, Which is the best platform to pay the rent?

right now for upi option :

cred (no amex) = 2.4% & mobikwik = 2.65%(walet upi)

a lot of apps like paytm have removed rent pay option
a lot ofapps like freecharge ask from landlord pan

pay rent via cc is almost dead

 

[manju1]

This thread really needs updation, a lot of cards and platform have changed the rules drastically over the years