Best Credit Card For Rent Payment & Rent Payment Platforms

[TechnoFinoTechnoFino is verified member.]

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 = 2% -1.18% Proc.Fee
   Capping - No Capping
   Reward Type - Reward Points, Can be redeemed for luxury shopping vouchers
2. BOB Eterna Credit Card -
   Reward Rate - 0%
   Capping - No Capping
   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 - 0%
   Capping - No Capping
   Reward Type - Reward Points, Can be redeemed for airmiles/gift vouchers/direct travel booking/statement cash.
   
   
9. HDFC Diners Black Credit Card -
   Reward Rate - 0%
   Capping - No Capping
   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

 

[appworld]

Been using for 3+ years. I think HDFC is one of the investor

how does it work? can I pay to my family members? do I need to shown any proof?

 

[jack333]

Ab tum thread kharab nahi kar rahe aise sawal puch ke🤣 tabhi to card devalue hote hain aur IT walon ko kam milta hai

 

[KingKish]

how does it work? can I pay to my family members? do I need to shown any proof?

You need to provide PAN of the owner and bank account of owner. Sometimes, you were asked for rental agreement also. Go to redgirraffe.com and try creating an redgirraffe ID. It is straight forward

 

[PaneerButterMasala]

Please update the thread as per May 2023

 

[ajay1234]

Please update latest details as many cards are not giving reward points

 

[wokrishnahai]

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

Hi, So I couldn't understand the CAP of Axis Magnus credit card spending.

I have spent 75,000 and I got 4500 points on the same.

Here is a screenshot of the same. If I am missing something please guide us. Thanks

 

[CCUser_1999]

Is there any website or app allowing rent payment via upi?

Buddy if you want to pay through UPI transfer directly to the account. The idea of paying through credit card is to get some points and help hit the milestone benefit.

 

[Arseon]

Buddy if you want to pay through UPI transfer directly to the account. The idea of paying through credit card is to get some points and help hit the milestone benefit.

I guess you haven't heard of CC on UPI

 

[Piyush_Jaiswal]

I guess you haven't heard of CC on UPI

Cred allows it. Zero charges on UPI. You have the option of paying via other UPI apps, go to other app and pay via Rupay CC.

 

[CCUser_1999]

I agree but most of the cards which you can use on UPI, you will not be able to even offset your transaction charges with reward points. Even if you get some delta, reward rate will not be lucrative enough to do all that (atleast for me). Anyway I am still not a user of credit card on UPI. I recently got HDFC Neu card for UPI. Let me use that and then only I will be able to share my experience.

 

[technology]

I guess you haven't heard of CC on UPI

I guess you dont know that HDFC charges 1% of total amount as additional charges at month end, if you try to pay rent via "CC on UPI".

 

[varkey]

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.

 

[technology]

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.

Ya but I have heard that for rent above 50K, Redgiraffe require property ownership document also? Who is right mind will give property registration doc to them? 🙄

 

[hemant89]

@TechnoFino I think this post needs one more update after recent devaluations.

 

[faltooAdmi]

@TechnoFino I think this post needs one more update after recent devaluations.

Yeah need an update

 

[PiperatGatesofDawn]

is redgirraffe legitimate? can we trust

Absolutely. Been their customer for 7-10 years...

 

[Card_Crafter]

Anyone tried this method? Is it really free for first time? How reliable is this?

 

[Walter White]

AU Zenith doesn’t charge any fees on first rental payment in a month and gives nearly 1% back. Gives a marginal profit when used on Redgiraffe.

 

[harsh42s]

Anyone tried this method? Is it really free for first time? How reliable is this?
View attachment 25709

Can someone share experience of using Housing.com?

 

[Tirajat]

Have a couple of queries:

- Has anyone paid rent through RedGirraffe using Citibank. The process is to pay using Citi’s app or website under Utilities section. How does it reflect on the bill - utility or rent. Asking since Citi does not reward points on Utilities.

- Has anyone tried paying Brokerage and deposit using Cred? Is the process seamless? And similar questions as above - under which category such payments reflect on the the CC statement?

Thanks,