Can apartment rent in California be paid with cred... - myFICO® Forums

heytherehitherehothere · ‎05-06-2012

This may be a dumb question but just wondering....

Can rent on an apartment in California (LA) be paid with a credit card?

I know a cash advance would be an option, albeit a very bad one, but I didn't know if

some larger scale apartment complexes allowed credit card payments or not.

Obviously renters in Los Angeles would best be able to answer this question!

Thank you to all who reply!

Anonymous · ‎05-06-2012

I'm leaning towards NO, i highly doubt it! I will say this though most Apartment complexes are individually owned or privately owned so if there policy is to accept a credit card payment then it is possible.

steve23111 · ‎05-06-2012

I understand that there are a "few" apartment communities out there that have started accepting electronic payments, but can't cite specific sources on that.

There is a service out there that specializes in electronic rent payment called "William Paid." If your specific community does not participate, it might be worth dropping a note to the property manager with the suggestion. It's been a while since I read the details, but I do not believe it costs the landlord anything to use the service.

Datx · ‎05-06-2012

It just depends if the apartment or property accepts CC payments. Here in TX, some apartments offers an option for you to pay by CC, while others dont. The apartment im currently at now offers echeck, or CC payment options. But of course it comes with a fee. They tack on additional 3.5% of the amount you're paying when using a CC.

heytherehitherehothere · ‎05-06-2012

Thanks to everyone for the great information!

Hopefully when I make the move I can do enough searching to find a place to my liking.

bribro · ‎05-06-2012

My apartment community allows credit card rent payments, but they charge a flat $35 fee that would exceed the benefit of any CC rewards program I have.

heytherehitherehothere · ‎05-06-2012

Bribro, what do you mean by the $35 fee not being worth paying by credit card?

I guess I just don't understand the correlation between a rewards redeeming card and a small fee with the payment of monthly rent.

steve23111 · ‎05-06-2012

@heytherehitherehothere wrote:
Bribro, what do you mean by the $35 fee not being worth paying by credit card?
I guess I just don't understand the correlation between a rewards redeeming card and a small fee with the payment of monthly rent.

Unless your rent is $3500/month or more, then most credit cards (with the typical 1% cash back or points value) won't make enough in rewards to offset the $35 fee.