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Established Contributor
Jlu
Posts: 785
Registered: ‎06-12-2012
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Re: Best Way to Pay rent with a Credit Card

For the record I charged $4000 through Square using my own name & bank with various credit cards in 2013. Average swipe was $800. It allowed me to reach some pretty high spend requirements for sign up bonuses. I never had a single issue. My business also puts over $100,000 a year through Square with no issues. I charge the customer the merchant fee so I don't worry about the 2.75%.

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TheSpeculator
Posts: 125
Registered: ‎03-21-2013
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Re: Best Way to Pay rent with a Credit Card

Use the OneVanilla backed by Bancorp. Says in the fine print. I always call to reset the pin. Option 8 to be exact. When swiping at the wonderful amazing Walmart money center, I enter the last four of the card number as the pin. Works every time.
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MadDscientist
Posts: 19
Registered: ‎02-11-2014
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Re: Best Way to Pay rent with a Credit Card

[ Edited ]

http://millionmilesecrets.com/2013/04/06/gift-card-pin-number/

 

Basically what everybody else was saying.

I might I have to try one of those method because my apartment used to charge 3.75 per discover transaction and $33 per visa, but now its a 6.75% fee.

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vayub4
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Registered: ‎02-05-2014
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Re: Best Way to Pay rent with a Credit Card

I would have to give blue bird a try and see how that turns out
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MadDscientist
Posts: 19
Registered: ‎02-11-2014
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Re: Best Way to Pay rent with a Credit Card

Can you use bluebird to buy money orders at walmart

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√Discover it [$3.5k]

√Iron rusts from disuse; water loses its purity from stagnation... even so does inaction sap the vigor of the mind.
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vayub4
Posts: 47
Registered: ‎02-05-2014
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Re: Best Way to Pay rent with a Credit Card

I am believing you can... If you can use blubird to obtain cash from the ATM I see no reason why you can't purchase money order with it
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39Xelor
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Registered: ‎02-20-2014
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Re: Best Way to Pay rent with a Credit Card

Paying rent on your CC sounds smart for the rewards (depending on the situation) but it also sounds kind of dangerous in terms of lending. If a lender (lets just say Amex for example) sees that you are putting your rent on your CC, do you think that may send a red flag to them that you may be in a financial bind due to the fact that instead of paying your rent with check or cash you're charging it? I used Amex as an example because of the whole "FR" situation.. some people have mentioned that Amex will FR you if they see any suspicious merchants on the card.. AKA a lawyer.. or in my opinion maybe an apartment complex for rent? In NO WAY do I have any evidence to back this theory up! I'm just stating what would appear to be a red flag if i were a lender! Just trying to keep everybody safe in the world of credit! Also, like other have stated before, if you have nothing hide then an FR isnt a big deal.. BUT i'm sure its still a pain in the butt that we would all like to avoid!

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TRC2k13
Posts: 218
Registered: ‎03-02-2013
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Re: Best Way to Pay rent with a Credit Card


39Xelor wrote:

Paying rent on your CC sounds smart for the rewards (depending on the situation) but it also sounds kind of dangerous in terms of lending. If a lender (lets just say Amex for example) sees that you are putting your rent on your CC, do you think that may send a red flag to them that you may be in a financial bind due to the fact that instead of paying your rent with check or cash you're charging it? I used Amex as an example because of the whole "FR" situation.. some people have mentioned that Amex will FR you if they see any suspicious merchants on the card.. AKA a lawyer.. or in my opinion maybe an apartment complex for rent? In NO WAY do I have any evidence to back this theory up! I'm just stating what would appear to be a red flag if i were a lender! Just trying to keep everybody safe in the world of credit! Also, like other have stated before, if you have nothing hide then an FR isnt a big deal.. BUT i'm sure its still a pain in the butt that we would all like to avoid!


Wouldn't surprise me...  as I said earlier it would take me 41 years of paying my rent with my CC to accumulate enough reward points to buy a big screen TV.

 

Juuuuuusssssssstttttttttttt a little too long for me to bother with it...

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longtimelurker
Posts: 7,241
Registered: ‎04-22-2013
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Re: Best Way to Pay rent with a Credit Card


39Xelor wrote:

Paying rent on your CC sounds smart for the rewards (depending on the situation) but it also sounds kind of dangerous in terms of lending. If a lender (lets just say Amex for example) sees that you are putting your rent on your CC, do you think that may send a red flag to them that you may be in a financial bind due to the fact that instead of paying your rent with check or cash you're charging it? I used Amex as an example because of the whole "FR" situation.. some people have mentioned that Amex will FR you if they see any suspicious merchants on the card.. AKA a lawyer.. or in my opinion maybe an apartment complex for rent? In NO WAY do I have any evidence to back this theory up! I'm just stating what would appear to be a red flag if i were a lender! Just trying to keep everybody safe in the world of credit! Also, like other have stated before, if you have nothing hide then an FR isnt a big deal.. BUT i'm sure its still a pain in the butt that we would all like to avoid!


Well, you are not paying your rent with your CC in any visible way.    If you are using Bluebird for example, you are paying by check, just from a different bank account.   If you are trying to meet minimum spend, and use ChargeSmart,/Williamspaid etc then you are purchasing "stuff' from a vendor, and while those are guessable, it could be any sort of loan payment,   So I don't think this is a real concern, at least as compared to some issuers being "concerned" about the level of your charges at say a drug store to fund the bluebird.

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longtimelurker
Posts: 7,241
Registered: ‎04-22-2013
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Re: Best Way to Pay rent with a Credit Card


TRC2k13 wrote:

Wouldn't surprise me...  as I said earlier it would take me 41 years of paying my rent with my CC to accumulate enough reward points to buy a big screen TV.

 

Juuuuuusssssssstttttttttttt a little too long for me to bother with it...


Set get a better card, rent a more expensive place, and downgrade to a 50 inch!  That might only take 25 years.

 

 

But exactly the same calculation can be used as a reason not to use reward cards at all.   Presumably, if you have reward cards, you are buying other things with them, and the point about paying rent is it merely is an extra source of rewards on top of the other ones, that currently you do not get any rewards for.

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