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You can pay rent online with a credit card and if you use specific platforms, you can also save money. Check out 5 leading platforms that ease up rent payments by allowing you to save money and enjoy other benefits.

pay rent with credit card

Gone are the days when rent payments were done through cash or cheques. Thanks to the modern era and the advancement in technology, you can pay rent online either on the go or from the comfort of your home or office. Moreover, many websites and mobile applications offer cost-saving and additional benefits when you pay rent using your credit card. Given below are five leading platforms which make rent payments easy, convenient, cost-effective and also offer additional privileges.

  • You can pay your rent through a credit card which is convenient and also allows you to pay rent on credit

  • Many platforms offer additional benefits on rent payments with credit cards like low transaction fees, cashback, discounts, etc.

  • Some of the leading platforms include MagicBricks, PayTM, PhonePe, MyGate and CRED

  • You can download rent receipts, claim HRA exemptions and make payments in a day with these platforms

5 Rent Payment Platforms to Save Money 

1. MagicBricks

MagicBricks has evolved from being a property listing site to a one-stop solution for all your real estate needs. It also allows you to pay rent with a credit card and offers the following benefits –

  • The lowest processing fee of 1%

  • Free rental insurance up to Rs.1 lakh

  • Win 100% cashback on the rent paid

  • Discounts across leading brands

2. CRED

While CRED is a useful app for credit card bill payments, it can double up as a rent payment gateway too. Details below-

  • 1% to 1.5% transaction fee

  • Flat Rs.250 off on a minimum rent payment of Rs.10,000 using a RuPay credit card

  • Free insurance cover of Rs.1 lakh

3. MyGate

A community-management app, MyGate, has introduced easy rent payments through RentPay. The benefits offered include the following-

  • Up to 60 days interest-free credit period

  • Zero cost on UPI payments

  • Download rent receipts for HRA exemptions

Also Read – Know how to claim HRA benefit by paying rent to your spouse

4. PayTM

A well-known name in the digital payment space, PayTM, offers hassle-free rent payments with the following benefits –

  • Cashback on each rent payment

  • Fee waiver on credit cards with the addition of bonus rewards

  • You can pay up to 10 rents in a month

5. PhonePe

Another multi-use app, PhonePe, facilitates easy and secure rent payments. Pay rent with your credit card and enjoy –

  • All credit cards accepted

  • Vouchers and cashback

  • Low convenience fee of 1.50%

Click here to read the latest articles on Spending 

The Bottom Line 

Choose any of these apps for easy, secure and convenient rent payments. Enjoy cashbacks, discounts, gift vouchers and more benefits every time you use your credit card for rent payments.

Also Read – Do you know what is deemed rent? Here’s a quick guide

Disclaimer: This article is intended for general information purposes only and should not be construed as investment or tax or legal advice. You should separately obtain independent advice when making decisions in these areas. 

Gone are the days when rent payments were done through cash or cheques. Thanks to the modern era and the advancement in technology, you can pay rent online either on the go or from the comfort of your home or office. Moreover, many websites and mobile applications offer cost-saving and additional benefits when you pay rent using your credit card. Given below are five leading platforms which make rent payments easy, convenient, cost-effective and also offer additional privileges.

  • You can pay your rent through a credit card which is convenient and also allows you to pay rent on credit

  • Many platforms offer additional benefits on rent payments with credit cards like low transaction fees, cashback, discounts, etc.

  • Some of the leading platforms include MagicBricks, PayTM, PhonePe, MyGate and CRED

  • You can download rent receipts, claim HRA exemptions and make payments in a day with these platforms

5 Rent Payment Platforms to Save Money 

1. MagicBricks

MagicBricks has evolved from being a property listing site to a one-stop solution for all your real estate needs. It also allows you to pay rent with a credit card and offers the following benefits –

  • The lowest processing fee of 1%

  • Free rental insurance up to Rs.1 lakh

  • Win 100% cashback on the rent paid

  • Discounts across leading brands

2. CRED

While CRED is a useful app for credit card bill payments, it can double up as a rent payment gateway too. Details below-

  • 1% to 1.5% transaction fee

  • Flat Rs.250 off on a minimum rent payment of Rs.10,000 using a RuPay credit card

  • Free insurance cover of Rs.1 lakh

3. MyGate

A community-management app, MyGate, has introduced easy rent payments through RentPay. The benefits offered include the following-

  • Up to 60 days interest-free credit period

  • Zero cost on UPI payments

  • Download rent receipts for HRA exemptions

Also Read – Know how to claim HRA benefit by paying rent to your spouse

4. PayTM

A well-known name in the digital payment space, PayTM, offers hassle-free rent payments with the following benefits –

  • Cashback on each rent payment

  • Fee waiver on credit cards with the addition of bonus rewards

  • You can pay up to 10 rents in a month

5. PhonePe

Another multi-use app, PhonePe, facilitates easy and secure rent payments. Pay rent with your credit card and enjoy –

  • All credit cards accepted

  • Vouchers and cashback

  • Low convenience fee of 1.50%

Click here to read the latest articles on Spending 

The Bottom Line 

Choose any of these apps for easy, secure and convenient rent payments. Enjoy cashbacks, discounts, gift vouchers and more benefits every time you use your credit card for rent payments.

Also Read – Do you know what is deemed rent? Here’s a quick guide

Disclaimer: This article is intended for general information purposes only and should not be construed as investment or tax or legal advice. You should separately obtain independent advice when making decisions in these areas.