We won't get reward points for Axis card for rental payment other than Redgiraffee
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10 Best Credit Cards For Rental Payments
- Thread starter bhavyegoel
- Start date
Does redgiraffe still works with payzapp+ dcb?
CCUser_1999
TF Select
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
TF Buzz
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
TF Buzz
I got reward points for my payment done on 4th September.
Rewardsmaximum
TF Buzz
Is Magnus ER back for rent payments? Their new docs says you get points upto 50000 payment. Can someone confirm?
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
TF Buzz
Last edited:
jainankit7
TF Neo
i did not reward point of 27 dec payment. please reconfirm
I think Paytm is also cheap at 1.8%. though this varies according to each person
Was going to reply about IDFC wealth CC as an option then came across this excellent post by @Pack_of_Cards
www.technofino.in
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
TF Select
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
Yes correct.. It used work way before.. Not anymore now ...
R@ndomiz€r
TF Select
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
TF Select
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
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