Comments on: Rent Payment Options at My New Apartment

By: Joe

Joe — Wed, 19 Sep 2007 05:09:05 +0000

I was wondering if anyone has ever had his or her rent payment rejected by a bank for putting too much rent on their credit card?

By: thomas

thomas — Fri, 15 Jun 2007 03:42:07 +0000

Yeah, I can pay rent with a credit card, but i’m charged 2 or 3%. If my money stays in a MM with 4.5%, would I come out on top?

I have a CapOne card and I can write checks with no fees at any time at my normal %. However I read in the fine print that you don’t get the points.

By: J at IHB and HFF

J at IHB and HFF — Fri, 15 Jun 2007 01:55:21 +0000

Some people allow you to pay with credit card as long as you pay the transaction fee (3% or so).

By: Ian @ FamilyFinanceBlog

Ian @ FamilyFinanceBlog — Thu, 14 Jun 2007 18:50:09 +0000

I really miss being able to pay for my rent with the credit card. I’ve read recently about how American Express mortgages can now be paid through their card … that would be even more fantastic. It’s not a ton of money, but it’s more than nothing!

I didn’t know that some credit cards do bill pay … I might look into that. Thanks, Kevin! (In case my bank doesn’t – what card do you have that does, if you’re willing to share?)

By: Jon @ The Money Mythos

Jon @ The Money Mythos — Thu, 14 Jun 2007 13:31:04 +0000

I never even knew places let you pay rent via credit card. How nice that must be!

Regarding paying on time – have you considered using online bill pay through your bank? Assuming it offers it, I discovered it’s an easy, reliable way to get paper checks to people each month. At first I thought you could only pay official vendors (like cell phone or internet services), but at least for the banks I’ve used you can type in any name and address.

So I have a monthly bill that is received by my landlord on the 28th of every month. It works out very well.

By: A Tentative Personal Finance Blog

A Tentative Personal Finance Blog — Thu, 14 Jun 2007 13:15:13 +0000

I didn’t even know paying by credit card was an option until my wife mentioned it to me. Woohoo cash back for rent.

By: Kevin

Kevin — Thu, 14 Jun 2007 13:12:34 +0000

Check your options on your credit card’s website. You may be able to enroll in “CheckFree” or “Bill Pay”, though there will probably be some associated fee. I know BoA offers such things. However, the associated fee may be of no concern to you because:

a) You get to keep your money another 25 days.
b) You are getting rewards that compensate for the fee.
c) You don’t have to worry about remembering to mail the check.
d) You have documentation of when the check was sent every month.
e) You save on postage.

The fee may be pretty minimal since they credit card company is hoping you’ll let the balance accumulate.