10 Best Credit Cards For Rental Payments

[SSMV]

Other than RedGiraffee - Payzapp thing - does Magnus and Reserve give points for payments across other platforms - cred, nobroker, mygate etc?
I understand, it does not contribute towards milestones. But atleast on reserve- do we get points or no?

We won't get reward points for Axis card for rental payment other than Redgiraffee

 

[rtg500]

Bro update the list. A lot of credit cards have change the fees

 

[hritiksakshi]

Does redgiraffe still works with payzapp+ dcb?

 

[CCUser_1999]

Does redgiraffe still works with payzapp+ dcb?

Now Payzapp rent payment captures MCC code of 6513. Most of the cards don't give any benefit on the same also also charge 1% fee on top of it. Please read your card T&C carefully before making the transaction.
HDFC DCB don't give any reward on this. It also has 1%+GST (1.18%) fee from second transaction onwards.
For any other card, please DM. Will try to answer to the best of my knowledge.

 

[Hardik2104]

Does redgiraffe still works with payzapp+ dcb?

HDFC Billpay with RG works on DCB

 

[venkateshr]

HDFC Billpay with RG works on DCB

It works at that 0.39% total but there are no reward points given now. Its 2 months now for my regular rent earlier it was under insurance so RPs were given . Now nothing.

 

[Hardik2104]

It works at that 0.39% total but there are no reward points given now. Its 2 months now for my regular rent earlier it was under insurance so RPs were given . Now nothing.

I got reward points for my payment done on 4th September.

 

[Rewardsmaximum]

Is Magnus ER back for rent payments? Their new docs says you get points upto 50000 payment. Can someone confirm?

 

[vaaiibhav]

Hi, I want to use my Amex MRCC for Rent payments, Will I earn Amex points ? Also, could you suggest me platform which charges lowest fee for this. Thanks in advance 🙂

 

[SSV]

Hi, I want to use my Amex MRCC for Rent payments, Will I earn Amex points ? Also, could you suggest me platform which charges lowest fee for this. Thanks in advance 🙂

Yes , It gets rewards as well as counts for milestone benefit.
It seems Mobikwik is the cheapest one at the moment at ~ 2.6%

 

[vaaiibhav]

Yes , It gets rewards as well as counts for milestone benefit.
It seems Mobikwik is the cheapest one at the moment at ~ 2.6%

Thanks @S S V , as usual always helpful 🙂

 

[jainankit7]

I got reward points for my payment done on 4th September.

i did not reward point of 27 dec payment. please reconfirm

 

[iamdhamo]

Yes , It gets rewards as well as counts for milestone benefit.
It seems Mobikwik is the cheapest one at the moment at ~ 2.6%

I think Paytm is also cheap at 1.8%. though this varies according to each person

 

[GBajaj]

Was going to reply about IDFC wealth CC as an option then came across this excellent post by @Pack_of_Cards

Rent payment through IDFC Wealth card?

Is it a good idea to pay rent through IDFC wealth cc using Redgiraffe?

www.technofino.in

 

[R@ndomiz€r]

Yes , It gets rewards as well as counts for milestone benefit.
It seems Mobikwik is the cheapest one at the moment at ~ 2.6%

Unfortunately AMEX doesn't work on Mobikwik. I checked with the customer support as well and they confirmed this too.

There's a workaround of using MB wallet to bank transfer though but not sure how beneficial it might be for others

 

[SSV]

Unfortunately AMEX doesn't work on Mobikwik. I checked with the customer support as well and they confirmed this too.

Yes correct.. It used work way before.. Not anymore now ...

 

[R@ndomiz€r]

Hi, I want to use my Amex MRCC for Rent payments, Will I earn Amex points ? Also, could you suggest me platform which charges lowest fee for this. Thanks in advance 🙂

A good alternative to AMEX would be Yes Bank Reserv with 3x or Marquee with RG.

With reserv you can eke out a nominal profit of ~0.75% after all charges

 

[abhiver]

A good alternative to AMEX would be Yes Bank Reserv with 3x or Marquee with RG.

With reserv you can eke out a nominal profit of ~0.75% after all charges

Yes bank charge 1% with GST additionally

 

[R@ndomiz€r]

Yes bank charge 1% with GST additionally

Yes. That's factored in.

Bank fees - 1.18% (including GST)
RG - 0.4%
Rewards for Rent with 3x subscription - 2.25%

Net gains - 2.25-(1.18+0.4) = 0.67%
It is nominal but still better than nothing

 

[Sudip]

This list should get updated.