The (Rare!) Times You Might Pay Rent With a Credit Card

The (Rare!) Times You Might Pay Rent With a Credit Card

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There are a few situations in which it might make sense to pay your rent with a credit card. Maybe you’re trying to meet a minimum spending requirement in order to earn an introductory bonus offer. Maybe you find paying with a credit card more convenient than paying with cash or a check. Or maybe you’re coming up short on your rent payment this month.

If your landlord allows you to pay your rent by credit card without added fees, you’re in luck. But those instances are rare: If you are able to pay rent with a card, your landlord is likely to charge you a processing fee, usually either a flat rate or a percentage of your payment amount. If your landlord doesn’t accept credit cards, you may still be able to make it happen—but again, you might pay extra in fees.

Fees are never fun, but in some cases, paying your rent by credit card could work out as a net gain. Here’s how you can know whether paying rent with a card is worth it.

Source: NY Times – Wirecutter
Keyword: The (Rare!) Times You Might Pay Rent With a Credit Card

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