Rental Payment Using Credit Cards: A Comprehensive Guide

If you were in a negative area and applied for an American express card and got declined earlier then you can now apply for a different American express card now.
Same product cant be processed again.
DM me for more details. Will help you guys.

Thanks 🙂

 

[thanix]

Thought of doing the final rent payment before the revision but MB has jacked up the convenience fee to 750 and gives discount of 250 which is 500 rupees extra and same with PayTM

 

[jack333]

Sbi cashback card is giving 1% on redgiraffe rent payment through payzapp with charges of 0.45% only

 

[Harry1]

Sbi cashback card is giving 1% on redgiraffe rent payment through payzapp with charges of 0.45% only

No rent processing fees? Maybe as it comes under insurance category 😜.

 

[jack333]

Are there any tax implications for the receiver if i pay rent or tution fee from cred and paytm as these apps don't know the PAN of receiver?
@Wealth is my birth right!

 

[pratikjain4]

Are there any tax implications for the receiver if i pay rent or tution fee from cred and paytm as these apps don't know the PAN of receiver?
@Wealth is my birth right!

None , if you did not mention the PAN yourself.

 

[sourpai]

Transaction fees is mentioned as 0% on Magicbricks with valid rental agreement. Can anyone confirm this once?

I have the valid rental agreement and using Redgiraffe since long time. But want to explore Magicbricks with 0% processing fees using Axis Magnus if possible

 

[Joker]

I have Magnus added. Even if you do not add you can pay

@Theo Can you list down the steps how to pay without adding the card?

 

[jack333]

I think its only for one or two times free then chargeable

 

[thanix]

Transaction fees is mentioned as 0% on Magicbricks with valid rental agreement. Can anyone confirm this once?

I have the valid rental agreement and using Redgiraffe since long time. But want to explore Magicbricks with 0% processing fees using Axis Magnus if possible

Don't know about Axis but in MB 0% processing fee is only upto 250 INR for HDFC cards. I have seen them having no processing fee for Citi and IDFC cards. Please check their offers. They jacked up the processing fee from 440 earlier to 750 recently. You need rental agreement for processing fee waiver.

 

[Wealth is my birth right!]

Are there any tax implications for the receiver if i pay rent or tution fee from cred and paytm as these apps don't know the PAN of receiver?
@Wealth is my birth right!

if the reception is for big amounts like more than 5lac an year it will be a concern sure
Maybe at sending side no pan we r disclosing in paytm or cred but in bank account the receiving person pan is tagged and if u check account statements it will mention the word rental.
If banks artificial intelligence pulls every month credit with rental mentioned then IT dept can easily track
Pro tip:
AIs mostly will not be there in nationalised banks lol

 

[jack333]

Thanks. Didn't get what you mean by nationalised banks part?

 

[Wealth is my birth right!]

Thanks. Didn't get what you mean by nationalised banks part?

PSUs bro

 

[Sivakumar]

Is it worth paying the rent through credit cards now as the credit cards are not providing reward points and they are charging 1% extra and the payment gateway charges are around 1 to 2 %

 

[jack333]

Sbi cashback card is giving 1% on redgiraffe rent payment through payzapp with charges of 0.45% only
Magnus is also giving base rewards. Moreover, you can achieve the milestone

 

[Sivakumar]

Sbi cashback card is giving 1% on redgiraffe rent payment through payzapp with charges of 0.45% only
Magnus is also giving base rewards. Moreover, you can achieve the milestone

Am not sure about axis bank… hdfc and icici are not having rp and they charge 1% plus gst extra…. We may end up paying more …. So if someone can show a way out ….

 

[kshitij_0]

Hello Everyone,
You are requested to give your expert opinion and experience regarding the best application and the best credit cards for rent payment/Withdraw money from CC to Bank.
Our priorities could be as follows ( almost in preference order )
1) It should be safe and convenient.
2) Charges should be minimum and instantly credit to the bank.
3) It shouldn't include much of PAN and Rent Agreements etc.
4) If it can include Amex Cards as well

 

[vaibhav111vaibhav111 is verified member.]

Rental Payment Using Credit Cards: A Comprehensive Guide

If you were in a negative area and applied for an American express card and got declined earlier then you can now apply for a different American express card now. Same product cant be processed again. DM me for more details. Will help you guys. Thanks :)

www.technofino.in

 

[kshitij_0]

Sbi cashback card is giving 1% on redgiraffe rent payment through payzapp with charges of 0.45% only
Magnus is also giving base rewards. Moreover, you can achieve the milestone

What complications/minute technicalities are there if we want to make a rent payment of big amount with/without having a Rental Agreement?
Can anyone please explain in short what's the procedure to transfer money by using RedGirraffe for that?

 

[CCgeek]

Does any axis bank card or SBI card give reward points on rental payment? If not do they charge additional 1% like HDFC and ICICI?

 

[anotheruser]

Does any axis bank card or SBI card give reward points on rental payment? If not do they charge additional 1% like HDFC and ICICI?

axis HNI card still give rewards on rental