@Anonymous wrote:
Hey there, FICO’ers!
So I am fixing to get an apartment of my own coming up and they are wanting my form of payment to be a money order or a cashiers check only with no exceptions… Well that’s a problem because I’d like to use my credit card for the rewards.
Upon recently, I have been reading from some users that you could buy a prepaid debit gift card with your credit card and then go to a Publix or Walmart and get a money order with it. I decided to test it out and go on the hunt the other day but there was only one problem— they required you to buy them with cash. I went to 7/Eleven and they all said cash was required. Publix said you could only buy one of those $100 prepaid ones that have the $5.95 activation fee and anything afterwards their system won’t allow it due to CC fraud.
I read that you could use a Square Reader (that has a 2.75% fee), but many people were commenting how Square shut down their account because they violated the Terms and Conditions and were caught because their names on their credit cards matched the checking account name.
I don’t mind paying the activation or percentage fees on the prepaid cards or service, but won’t take out a cash advance because that’s asking to get nailed by interest fees.
So my question is… How in the heck can I pay my rent with my credit card if the following above are impossible? Or am I not doing this right? How do you guys pay your mortgage, rent, auto loans, etc with your credit card?
I've never heard of paying rent with a money order or cashiers check. Those are basically forms of cash.
If it was me, I would be extremely suspicious of such a request. What are they hiding, that would cause a renter to immediately cancel a credit card payment or stop a check? Or, what kind of shady people live in the area that such extreme methods of payment would be considerd necessary or even acceptable?
@Themanwhocan wrote:
@Anonymous wrote:
Hey there, FICO’ers!
So I am fixing to get an apartment of my own coming up and they are wanting my form of payment to be a money order or a cashiers check only with no exceptions… Well that’s a problem because I’d like to use my credit card for the rewards.
Upon recently, I have been reading from some users that you could buy a prepaid debit gift card with your credit card and then go to a Publix or Walmart and get a money order with it. I decided to test it out and go on the hunt the other day but there was only one problem— they required you to buy them with cash. I went to 7/Eleven and they all said cash was required. Publix said you could only buy one of those $100 prepaid ones that have the $5.95 activation fee and anything afterwards their system won’t allow it due to CC fraud.
I read that you could use a Square Reader (that has a 2.75% fee), but many people were commenting how Square shut down their account because they violated the Terms and Conditions and were caught because their names on their credit cards matched the checking account name.
I don’t mind paying the activation or percentage fees on the prepaid cards or service, but won’t take out a cash advance because that’s asking to get nailed by interest fees.
So my question is… How in the heck can I pay my rent with my credit card if the following above are impossible? Or am I not doing this right? How do you guys pay your mortgage, rent, auto loans, etc with your credit card?I've never heard of paying rent with a money order or cashiers check. Those are basically forms of cash.
If it was me, I would be extremely suspicious of such a request. What are they hiding, that would cause a renter to immediately cancel a credit card payment or stop a check? Or, what kind of shady people live in the area that such extreme methods of payment would be considerd necessary or even acceptable?
I'm familiar with landlords requesting certified funds, but usually its after there's been an issue with a personal check. Most small landlords don't take credit cards at all, and the larger ones (like apartment complexes) charge processing fees that are greater than any cash rewards, so unless there's a minimum spend to meet it rarely makes sense.
I'll also add that if two people are roommates many times it's easier to pay with certified funds, since in most states it's quite problematic if one roommate's check clears and the other bounces... technically this constitutes 'acceptance of partial payment' and that entire month wouldn't "count" if an eviction was necessary (notably, several places I have lived would only accept two checks if both were certified funds). Of course another solution to this would be for one roommate to pay the other, then give one check to the landlord, but I'm just mentioning it here as a possible reason certified funds would be necessary for a rental. 
