5 Best Apps to Pay Rent Online with Credit Card (India)

By | June 23, 2020

For ages, we Indians got used to pay rent via cash or through NEFT/IMPS as a default payment mode. In fact most landlords still insist on cash over NEFT as they’re not comfortable with sharing their bank accounts.

Yes, that’s still happening in 2020. With Covid-19 pandemic outbreak & social distancing becoming new normal, its time for a change!

Pay Rent with Credit Card
Pay Rent with Credit Card

By routing rent payments through credit card we may enjoy lot of benefits like rewards & more and the rent payment apps too would swim in 100’s and 1000’s of crores in revenues – that’s a win-win for sure.

So this article helps you understand why you need to pay rent through credit card over other options and a detailed review of each of the service providers offering this solution. Here we go,

Why Pay Rent with credit card?

Rewards

You get rewards at various levels while using credit card for rent payments, such as:

  • Regular rewards
  • Milestone rewards
  • Targeted spend based rewards

For ex, spending Rs.30K a month for a year on Axis Vistara signature gets you regular Airmiles on spend and also 2 complimentary one way tickets valued at 7K each as its a part of the milestone benefits.

Credit Period

As credit cards allow you to carry balances without interest for about 45 days, it may help you with better your cash flow. 

Annual Fee Waiver

Most credit cards these days comes with an annual fee waiver, which means you can renew your credit card for free if you meet the spend criteria. 

For ex, Amex MRCC needs Rs.1.5L spend, SBI Prime needs Rs.3L spend for renewal fee waivers.

In a nutshell, Why would you want to spend your money while you can borrow someone else’s money for X number of days and get rewards and fee waivers on top of it? Makes sense isn’t it?

Best Rent Payment Apps

Service/AppChargesDocs Required?Card Acceptance
RedGirraffe0.39%+GSTYesAll, except Amex
NoBroker1% – 2%NoAll
Housing1.3%NoAll, except Diners & Amex
CRED~1.5%NoAll

1. Redgirraffe

Redgirraffe rentpay
Redgirraffe – RentPay

Redgirrafe is probably the first service provider that came out with a rent payment feature and it still remains the only dedicated solution out there. 

Their USP is the ultra low service fee that stands at 0.39%+GST compared to 1% or above with others. While how they are able to give at this rate remains a mystery, they have deep integration with various banks which might make it possible, to an extent.

But the downside is poor user experience. Their sign up form just hurts my eyes by looking at, as I’m neither comfortable with long forms nor poor design. 

2. Nobroker

Pay rent with credit card using Nobroker App & website
Pay rent with credit card using Nobroker App & website

Nobroker’s rent payment feature is live since couple of months and is known for its low service fee which stands next to RedGirraffe.

However, Nobroker payments are marked as Utility, so that may cause problems for you in getting reward points with some issuers.

3. Housing

pay rent through credit card using Housing app
Houring.com Rent Payments

Housing.com’s Rent Payment feature too is neat and simple but they have raised the fee multiple times and many have reported that the service was down for a couple of days.

Yet, at around 1.3% service fee, it’s still a good option, as long as it’s available.

4. CRED

pay rent with credit card using Cred

While CRED has sleek interface, ability to pay to UPI Id & more, the downside is it’s relatively high service fee which goes as high as 1.5%.

But the good news however is that they don’t have any restriction on the type of card. Both Amex and diners accepted anyday and appears to be more reliable with less fluctuation in service fee. 

5. PayZapp

pay rent with credit card using payzapp

Yes, this maybe surprising to see it as a major option but its worth mentioning, so you don’t miss it.

While PayZapp is not a standalone app/wallet to pay rent through credit card, it connects with other major services to make rent payments. For ex,

  • PayZapp app has an option to pay rent through RedGirraffe and get additional cashback/points. I see one new offer to show up shortly.
  • PayZapp wallet can be used as an option to pay rent on Nobroker to avail additional 5% cashback (as of now).

Basically PayZapp covers those 2 major services by allowing users to pay rent through them.

Should you pay rent through credit card?

It depends on which credit card you hold.

Ideally you should, as the benefits are well worth it. But not everyone has premium cards, now that’s the problem.

If you don’t have cards that gives you returns as equal as the service fee or more, there is no point in using the credit cards for paying rent. 

Ideally most premium and super premium credit cards gives you enough reward rate to take care of the service fee.

If you don’t know how much % of return your credit card gives as rewards on each spend, do check out the reward rate % mentioned in the list of best credit cards in India, and choose the right credit card with a higher reward rate that fits you.

Final thoughts

While it’s good to see so many options, matter of fact is Redgirraffe remains the #1 option for most users, due to its super low fee. 

But if you prefer convenience, wish to stay away from documentation and rather need a quick solution, other apps may help you. 

Remember that you may need to check each app every month to see which one has the best offer, as the offers and the service fee keeps fluctuating.

And irrespective of any app you use to pay rent, you may still use CRED to pay credit card bills and get Cred coins on top of all these. While good redemptions on Cred coins are rare lately, something is better than nothing.

So which app are you using lately to pay rent through credit card? Feel free to share your thoughts in the comments below. 

62 thoughts on “5 Best Apps to Pay Rent Online with Credit Card (India)

  1. Rahul Singh

    Redgiraffe registered my case without any doc. Just fyi.

    Reply
    1. Siddharth Post author

      Yes, I’m hearing that from few lately. Is this a new update?

      Reply
      1. Saurabh

        Happened with me as well. No rent agreement required.

        Reply
      2. Abhisek Parija

        Happening due to Covid. They are just seeking renewals through email with or without rent agreement. But still its a pain to use 😀

        Reply
      3. Ankit

        If rent is less than 20000 pm then no documentation required

        Reply
      4. Prashanth M

        Not new – I registered without any document last September. And re-registered again this Jan with revised rent. No document needed on RG.

        Reply
        1. Ankit

          Did your rent amount is less than 20000?

          If yes, then no docs are required.

          Reply
    2. Ankit

      If rent is less than 20000 pm then no documentation required

      Reply
  2. Santosh

    Quick question here. If card MDR fee is more than the fee being charged, how are they making money.

    Reply
    1. Rahil Shah

      Valid question. I wonder the same! Particularly for Amex and Diners cards, even if there is a tie-up between them.

      I’m certain there is no charity involved here. So the question is indeed as to how they make money. Sid, would you know?

      Reply
      1. Siddharth Post author

        Not 100% sure either, except seeing it as an user acquisition cost.

        But my guess is that most likely CC companies may share this fee to/via payment gateways, as even if 10% of them carry forward balances, it would be good profit for banks.

        Reply
    2. Abhi

      My thought, and its my own, is that RG makes that entire 0.39% (or majority of it) as their own revenue, and the bank doesn’t directly earn anything, i.e. no MDR for biller RG (or only a fraction of 0.39%). So only 6 banks so far probably agreed to handle rent payments as thats a major regular recurring spend for plenty of families, which the banks hope, will sometimes be converted by users into EMIs or balance transfer etc, and thats where the banks make their money. Similar to credit card offers in online sale events, where they hope a user will convert his mobile or large appliance purchase into EMIs, where they can earn from, despite the instant discounts and cashbacks. But those are not frequent. From RG they get regular assured stream of big value transactions so more chances of rents converting to EMIs by users, or high interest charges due to balance carry forward, etc. That’s why I believe companies like Amex, whose model relies almost entirely on high MDR for revenues (due to their specific customer segment), cannot waive off MDR and work with RG’s model. Also that’s why corporate cards and corporate rents entail a higher fee by RG, as they usually don’t convert to EMIs or delay and pay high interests. Now RG allows even school fee payment as thats another regular source of spend for families, and for a lot of schools the spend value is substantial.
      While Nobroker and Housing have been raising their fees, RG didn’t have to despite being in this business the longest, coz I believe they have negotiated MDR with those banks in exchange for steady big volume big value transactions.

      Reply
  3. Saurabh

    Nobroker has rent payment feature since at least about an year. For initial few months they had zero service charge.

    Reply
  4. Saurabh

    Quick question: If I use payzapp app to pay rent through red giraffe using my Diners black, will I get 3.3% points?

    I’m asking as I dont wanna register my red giraffe id for auto payment through smartpay.

    Reply
    1. Abhi

      Yes you should. If I remember correctly, the only once when Payzapp became 10x partner, I did get those 10x also on rent (but gone is that golden goose 😀 )
      BTW, if you register on HDFC Billpay instead of Smartpay, you can pay from there also directly. HDFC netbanking has 2 billpayment options. Billpay which can have both manual & autopay and Smartpay which is autopay only.
      For this month, ditch redgiraffe, use no broker+Payzapp = 500 Cashback.

      Reply
  5. Mohit Grover

    I could not find Axis bank in the list of card issuing banks listed on Redgirraffe. How can I use my Axis Vistara signature card to pay rent on Redgirraffe ?

    Reply
    1. Abhi

      Payzapp. You don’t need to be HDFC card holder to use Payzapp (though being customer will help KYC).
      I think Payzapp uses billdesk’s utility gateway, so you should see Redgiraff on many other biller’s site.
      Another option is to use NoBroker instead of RG (expensive option though)

      Reply
  6. Akash

    Cred is a great and hassle free option for Iconia Amex holders. In the statement the merchant category is shown as ‘Merchandise’ with ‘RAZORPAY RET’ as the merchant. So effectively you do get 0.5% benefit as statement credit and a 45 day interest free period!

    Reply
  7. Anup

    If you need to pay rent by credit card, then probably you don’t deserve that house.

    Reply
    1. Siddharth Post author

      The primary intention here is rewards and not the credit line or credit period 🙂

      Reply
    2. Saurav

      I think its just the rewards and being able to hit the spend milestones. I have been paying rent using DCB (Payzapp + RedGirraffe) and was able to hit the yearly spend requirement to get the annual fees waived easily. The rewards points and the CRED benefits on paying the credit card bill were an added bonus. I try to put everything on the credit card even if it mean I have to pay 1-2% extra for big purchases. End of the day the rewards easily make up for it if you are using a premium card.

      Reply
    3. Abhi

      That’s grose and immature thinking. Not to mention idiotically judgmental.

      Reply
  8. Gopal Gidwani

    Dear Siddharth and others,
    Request your help for a couple of basic queries.
    1) When registering for Red Girraffe, is selecting “Auto Pay” option compulsory?
    2) Also, is giving credit card details compulsory at the time of Red Girraffe registration?

    I ask this because does the rent payment happen automatically every month on a pre-set date for a pre-set amount from a pre-set credit card? Or
    Do we need to make the rent payment every month manually from Red Girraffe dashboard on a date of our choice (can we change the rent payment date every month?) by specifying the rent amount (can we change the amount every month?) and the credit card (can we change the credit card details every month)?

    Please help me with the above queries

    Reply
    1. Rahil S Shah

      1. Auto pay isn’t mandatory, but it’s convenient.

      2. Did not have this issue as I’ve only one credit card with HDFC – DCP. Couldn’t link Amex as it’s not available with RG.

      3. Yes, the rent payment happens automatically every month on a pre-set date for a pre-set amount from my card.

      4. If you select Auto Pay, you don’t have to manually make the payment every month.

      5. If you don’t opt for auto-pay, you could change the date of payment as per your choice.

      6. Even for auto-pay, I believe you can change the date of payment by dropping an e-mail to RG.

      7. You can change the rent amount every month, but you need to specifically state this over an email to RG.

      8. On whether you can select the credit cards of your choice, well, it depends. I guess you may be able to. I didn’t have this issue as I opted for HDFC and I’ve only DCP card with HDFC bank. You can check this out with RG. They normally respond to your queries through chat / email.

      Reply
  9. Ashish

    I tried to Pay rent of 10,000 Rs on NoBroker through payzapp
    But They hold my money due to observe suspicious activity ( using 1st time for rent pay) and told me to provide rent agreement other wise they charge me 2% penalty & and refund my money into credit card
    9800 Refund paid 10100
    Loss of 300Rs

    Reply
    1. Abhi

      Thats new… probably since lots of user have started using it (I was also think of a 10K transfer to get 500 CB) so they have started looking out for suspicious transfers which would otherwise not be returning customers once Payzapp CB is gone.
      And was it Payzapp holding/returning or NoBroker ? They have charged near to 3% not 2%.
      Did you mention the area which probably can’t have a rental as low as 10k ? Eg Kormangala, Whitefield etc in Blr ?

      Reply
    2. FrequentFlyer15

      This happens if you are trying to transfer the money to your own account or to someone with the same surname.

      Reply
    3. Aalishan Abhilasha

      It is totally unjust to deduct and return the payment in case there is no rent agreement. They should have mentioned it beforehand. If they charge 2% extra then they have to process the request instead of refunding the transaction. People hardly go for rent agreement, if the rent is below 10K and live in non metro cities.

      Reply
  10. MAA-traveler

    The issue with RedGirraffee is friction. You need rent agreement (even for rent below 20k they are asking for “proof of ownership”-whatever it means), changing date/amount (can be done but still you need to email them beforehand everytime), can’t use Amex and can’t change card which we may use based on the offers available at that time. Charges are the lowest at 0.46% which is the only advantage.

    Does NoBroker transactions give regular points for Amex?

    Reply
  11. Rachit Ajitsaria

    Can I use this service to transfer money from my credit card to my account and earn reward points?

    Reply
  12. Sourav

    Hi Siddharth,

    Do we get the reward points for paying rent via hdfc instapay and Payzapp via HDFC DCB? I pay rent via DCB to meet the annual spend criteria. Don’t know if they are giving point for the transactions.

    Reply
  13. Nitin Gupta

    I tried to transfer money in my friend account and now they are asking for rent agreement and in case that is not provided they will refund the money after deducting 2%. If anybody can suggest anything. Thanks

    Reply
    1. Amann

      Have your paperwork in order and don’t misuse RentPay websites. This was bound to happen.

      Even with higher charges, I still think housing.com is better in case you don’t have paperwork and need to pay rent.

      Reply
    2. Abhi

      If your friend is not your landlord, then it seems not much can be done..

      Reply
    3. MT

      Banks/companies do monitor forums for any loopholes that may be exploited/trying to exploit by users

      Reply
  14. Shubham

    Payzapp has a daily limit for 10k amount only , which can be loaded in wallet. How to use it for rent more than 25k, I don’t want to make multiple transaction s

    Reply
    1. FrequentFlyer15

      The daily limit is for using PayZapp as a wallet. Use Payzapp as a payment gateway by adding your linked card and making the payment through it.

      Reply
    2. Abhi

      Better not to load the wallet to pay, instead pay entire amount using the linked card. You can link your credit card (any bank except Amex) to your payzapp acc.

      Reply
  15. Abhi

    Other apps:
    Heard Paymatrix earlier allowed Amazon Pay balance for rent payment, which is great if you managed to top up using HDFC 10X. It currently allows most cards at 2% + taxes.
    Mobikwik allows rent payment but charges 3-4%.

    Reply
    1. Murad

      Is Amazon pay still available to pay on Paymatrix? What is the charges?

      Reply
      1. Abhi

        They ve taken it off, never know when it ‘ll be reintroduced. They have different charges for old users vs new users, which ranges 2-3% plus Gst in case of wallets.

        Reply
  16. Rohit

    If I pay through nobroker via DCB, will I get reward points even if the transaction get charged as Utilities?

    Reply
    1. Nikhil

      You will get reward points, but currently they are not accepting diners card. It displays a msg- temporary problem

      Reply
      1. Rohit

        Any recommendation for a card to maximize the reward of paying rent?

        Reply
  17. Rohit

    Any recommendation for a card to maximize the reward of paying rent?

    Reply
  18. Rohit

    Is DCB the best card to pay rent (3.33% reward point) or is there any better card that offers more reward?
    Annual rent = 4.2 lac

    Reply
    1. Abhi

      2 options:
      1. DCB or Infinia or StanC Ultimate using Redgirraffe paid via Payzapp for the 3.3% reward rate @ 0.46% charges and 200 monthly payzapp cashback. Prefer DCB since it also brings you closer to the monthly and annual milestones.
      2. Amex Platinum Travel for the ~7% reward rate if you spend 4 lac a year, paid via Cred @ 1.5% charges. Beyond 4lac switch to option1 or any better card.
      Be on the lookout for apps which occasionally allow using Amazon Pay balance, or other cashback offers.

      Reply
  19. Niraj

    Will I get reward points for Amex card for paying rent on Cred?

    Reply
  20. Ashish Nikhare

    Payzapp has now become superfast in posting cashbacks. Did a postpaid bill payment on payzapp by using coupon/offer code “RECHARGE” for amount Rs. 1068 /- by DCB card. Instantly within 10 minutes received cashback of Rs. 100 /-. Didn’t expect it to be damn fast. Payzapp has rolled out a facility termed as “INSTANT CASHBACK”. See the terms & conditions of applying offer code “RECHARGE” are as follows —–“Instant Cashback offer on “Recharge” category is applicable only on weekdays i.e. (Monday to Friday) on transaction done from 9:00AM to 9:00PM. Transaction done on Weekend i.e. (Saturday & Sunday) then CashBack will be posted on 30 working days from the date of transaction. Offer is applicable only on payment made via PayZapp upon successful apply of promo code i.e. “RECHARGE”.—–
    This implies that —-To receive an Immediate / Instant cashback after using code “RECHARGE” —–do the transaction on weekdays ie. Monday to Friday between 9 am to 9 pm.

    Reply
    1. Abhi

      This weekday instant credit was always mentioned in the T&C. Just that they have started honoring it now.

      Reply
  21. CHALAM

    No Broker too stopped accepting Amex cards, Even through Paytm also

    Reply
  22. Saurabh

    It appears, as of now PayMatrix is the only option left now for rent payment using Amex cards

    Reply
  23. Rajiv

    Amex Utility Bill pay portal is showing Redgiraffe as a biller under National category. Only question will I get the base points for rent payment through this mode or only milestone benefit? Anybody using it? Thanks.

    Reply
  24. Abhi

    Payzapp now features Nobroker also as a biller. There was only RedGirraffe until now, but now you can use Nobroker Bill Account ID also on payzapp to pay rent.

    Reply
  25. Himanshu Sharma

    Anyone using Paymatrix to pay rent through American Express credit card?

    How is the experience?

    Reply
    1. Saurabh

      Pretty well so far if you don’t mind higher charges (which are worth for Amex rewards). Except for once when after making my payment, PayMatrix asked for my KYC documents after 2 days and they had put the payment on hold. But as soon as I provided the docs, they processed the payment next day. Two bus days is their usual turn around time.

      Reply

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