Make Rent Payments Cheap and Easy AMEX Cards

[bloodcurdle]

Hi,

Great news! Housing.com now accepts rent payments from AMEX Credit Cards, offering a more convenient method for transactions.

It appears that this service is currently available for two categories: "Home Service" and "Education Payments."

A beneficial option is to consider their Credit Plus Subscription, which reduces convenience fees with each payment. By selecting the "Education Category," you can enjoy a flat 15% discount on fees, lowering the convenience fee to just 1.4%, the lowest rate available. I did total transactions of Rs 60,000 and everytime it went through unlike mobikwik which fails most of the time.

To get started, feel free to use my referral link to access Housing.com
Use my invite code "40ifh" while making your first payment to get instant discount up to ₹300.
Install the app by clicking here https://bit.ly/3TtitEt & select “Pay on Credit” on the first screen.

 

[350modena]

Amex is being accepted for education payments via housing, it will not work for rent payments, Settlement is almost instant.

And charges are 1.4%?

 

[nikhilesh71]

Yes, around that, For 1st few payments, they will offer lower around 1%, then onwards 1.34% charging for me.

And charges are 1.4%?

 

[fageriaji]

@BestBanker @SSV @TechnoFino @coolguy1 need your help in applying for an amex platinum travel credit card for my family. Have expenses coming up upto 4L. don't know how to dm otherwise would have. TIA.

Have you applied for the card or still seeking help ?
If you need any help let me know.

 

[card_007]

Are all AmEx variants working well? AmEx has low reward rate so it would still be negative overall!

 

[350modena]

Are all AmEx variants working well? AmEx has low reward rate so it would still be negative overall!

I think they are !

 

[cc_dc_explorer]

around 1.4 % on the rent (with referral + Credit plus discount)

Here's the breakup
Rent -> 60,000
Convenience fees (w/o GST) -> 895
Referral discount (one time) -> -179
Credit plus discount (every time) -> -63
Convenience fees (with GST) -> 770
Total paid -> 60,770
With Credit plus cost accrued -> 60,837
This is ~ 1.4 %


For the second month onward ->
Rent -> 60,000
Convenience fees (w/o GST) -> 895
Referral discount (one time) -> NIL
Credit plus discount (every time) -> -63
Convenience fees (with GST) -> 982
Total paid -> 61,982
With credit plus cost accrued -> 61049
This is ~ 1.75 %

Credit plus is 199 for 3 months (67 per month)

Please let me know in case of any queries.

What about Amex Charges ? I believe amex also charges 1% + GST on Rent transactions ??? And does this amount counts towards milestones benefits ?

 

[cc_dc_explorer]

What is the MCC for this payment on housing ??

 

[nikhilesh71]

What about Amex Charges ? I believe amex also charges 1% + GST on Rent transactions ??? And does this amount counts towards milestones benefits ?

Amex does not have any rental charge concept till now, don’t give them idea

 

[350modena]

What about Amex Charges ? I believe amex also charges 1% + GST on Rent transactions ??? And does this amount counts towards milestones benefits ?

AMEX does not charge for rent or anything else per my understanding. Everything counts for milestone.

 

[nishank]

No education mcc is the only one remaining

Can someone confirm this

 

[tushar38]

Then can we make rent payment by using education payment from housing through amex?

 

[350modena]

Then can we make rent payment by using education payment from housing through amex?

Yes .. will have to enter the pan number of the recipient.

 

[paxauquabriba-4876]

Yes .. will have to enter the pan number of the recipient.

The thing is govt should mandate issuance of House with Multiple Occupancy License for both landlord as an individual 1st & banks as institution comply with creation of separate vostro accounts + disclose PAN + rental payments receipts or else face penalties for tax evasion.

That way slum landlords will be reduced along with rotation etc and all other b.s

 

[AlphaCAT]

Amex have started blocking accounts who made payments of 99,999 on Housing.com to get 2000 MR points. For now, use Amex only if you can share proof/receipts !

 

[ARCHISMAN_DAS]

Amex have started blocking accounts which made payments of 99,999 on Housing.com to get 2000 MR points. For now, use Amex only if you can share proof/receipts !

Thanks for the information...

 

[kjain]

Amex have started blocking accounts which made payments of 99,999 on Housing.com to get 2000 MR points. For now, use Amex only if you can share proof/receipts !

Was this done using rent or education option?

 

[R@J]

Amex have started blocking accounts which made payments of 99,999 on Housing.com to get 2000 MR points. For now, use Amex only if you can share proof/receipts !

@AlphaCAT more details on this please! and the source!

 

[AlphaCAT]

@AlphaCAT more details on this please! and the source!

 

[R@J]

So, basically here they are asking for education fees prrof....and not of rent!

Is there any difference in charges in paying rent vs education on housing through Amex?

 

[Sriim]

Is there any difference in charges in paying rent vs education on housing through Amex?

Yes, rent via Amex doesn't work