Paying Your Rent With A Credit Card

Despite the fact that we (you and me, baby!) are clearly awesome and that our tenancy invariably increases the property value of wherever we choose to live, many landlords still insist on charging rent. In light of this, we might as well transform the crappiness of paying rent into the awesomeness of traveling first class. We do this by signing up for credit cards that reward us with big bonuses for our mandatory rent payments.

For many sane people, one of the most nerve wracking parts of the travel hacking game is making the minimum spend when you sign up for a new credit card.  The fact that you won’t get the bonus miles unless you successfully meet the spending requirements means that you definitely need to pay attention to how you can “make the spend” when you get a new card.

Until recently there was a great service called WilliamPaid that allowed you to pay rent with your credit card for a 3% processing fee. Sadly, WilliamPaid was discontinued some months ago and so, it seemed, was the ability to easily pay rent with your credit. That is until today, when I came across a new service that will once again allow you to pay your rent with your credit card.

The service is called RadPad and it will allow you to use a credit card to pay your rent for a 2.99% processing fee.

Here’s how it works:

  1. Click on the “Pay My Rent” tab.
  2. Put in the amount you would like to pay and enter your email address.
  3. Specify whether your landlord is a company or individual and then enter their info and where to mail the payment to.
  4. Enter in your name and billing address.
  5. Put in your credit card info and then click “I’m not a robot” to make sure you are indeed not a robot and then click “Confirm Your Account.”
  6. Enter in your details and phone number to create an account and then click “Wrap It Up.”
  7. Confirm that all the details are correct and then submit your payment!

They should send you a confirmation email that the payment completed successfully and then send your landlord out a physical check via USPS. I would make sure to set things up and send out your payment a couple of weeks ahead of time when first using this service, just to make sure that your landlord receives your payment on time and that if there are any issues you will have time to get them sorted before your rent is due.

I did encounter a problem when I tried to make a payment to my “landlord” when my address and the landlords address were the same location. So if you wanted to try and use this service to send money to yourself or your spouse (unless they have a different address than you), it very likely wont work.

Many people have mentioned on Flyertalk that they will sometimes require verification in the form of either your rental invoice or a state ID card when setting up the initial payment, but others didn’t encounter any additional verification when setting up their payments. Either way, if you have a minimum spend to make and have rent to pay, it may not be a bad way to take care of it.

Should you use this service to pay rent every month with your credit card? Probably not. Three percent adds up pretty quickly and considering that most airlines sell their miles for that price or less (American AAdvantage miles are currently on sale for 2 cents per mile until 4/30/15), it doesn’t really make sense to pay that fee unless you are working towards a minimum spend. They don’t charge a fee to pay with your debit card though, so that isn’t a bad option if you aren’t into that whole “writing a check” thing.

So the next time you are feeling in a pinch to make the minimum spend on your shiny new rewards card, the option to pay your rent with your credit card is back on the table! Happy Hacking!

Hit me up with all your questions and comments!

If you’ve already got all the miles and just need some help finding space and booking the award, I have an award booking service that will get you all squared away. Find out more about it here.