Best Rent Payment by Credit Card Offers (May 2022)

Our monthly rents are usually a significant part of expenses. So, it makes sense to use credit cards for this as we can earn reward points and also qualify for spend milestones. Here are the best offers available to pay rent with a credit card and earn reward points/cashback.

Also. check out the best credit cards to use for paying rent.

NoBroker RentPay Offers

NoBroker-Pay-Rent-Payment-by-Credit-Card

PayZapp

NoBroker has an offer on paying rent through PayZapp. NoBroker also offers instant credit for rent into the landlord’s bank account. As long as the 5% cashback is offsetting the convenience fees, this is an OK deal. Plus, we get card rewards which are great for those holding HDFC Bank Infinia and DCB credit cards at 3.3%.

  • Offer: 5% cashback on PayZapp rent payments
  • Minimum Transaction: Rs 10000
  • Maximum Cashback: Rs 100
  • Convenience Fee: 1%
  • Validity: 1st – 31st May 2022
  • Pay through PayZapp wallet or HDFC Bank cards linked to Payzapp

Bank of Baroda Credit Cards

Bank of Baroda has brought back the Rs 250 instant discount offer on NoBroker. BoB Eterna is the best credit card to get maximum rewards with this offer.

  • Offer: Flat Rs 250 instant discount with BoB credit cards
  • Maximum Cashback: Rs 250for 1 transaction/month
  • Convenience Fee: 1%
  • Validity: 1st April – 30th Jun 2022

Cred RentPay Offers

Rupay Credit Cards

Cred RentPay has only one good offer this month which is on Rupay credit cards.

  • Offer: Flat Rs 250 instant discount with Rupay credit cards
  • Maximum Cashback: Rs 250 for 1 transaction/month
  • Convenience Fee: 1%
  • Validity: 12th April 2022 – 11th May 2022

RedGirraffe RentPay Offers

PayZapp

Get Rs 100 cashback on RedGirraffe rent payments with this PayZapp offer.

  • Offer: Flat Rs 100 cashback
  • Minimum Rent Payment: Rs 15000
  • Maximum Cashback: Rs 100
  • Promo Code: RENT

Magicbricks RentPay Offers

Magicbricks RentPay Offers

PayZapp

This is the same offer like the one that PayZapp runs for NoBroker.

  • Offer: 5% cashback on PayZapp rent payments
  • Minimum Rent: Rs 10000
  • Maximum Cashback: Rs 100
  • Convenience Fee: 0%
  • Validity: 1st – 31st May 2022
  • Pay through PayZapp wallet or HDFC Bank cards linked to Payzapp

Citibank Credit Cards

Citibank offers up to Rs 3000 cashback on using their cards to pay rent on MagicBricks.

  • Offer: Upto Rs 3000 cashback on paying rent for 3 months with MagicBricks
  • Minimum Rent: Rs 25000
  • Maximum Cashback: Rs 750 for 1st month, Rs 1000 for 2nd month, and Rs 1250 for 3rd month
  • Convenience Fee: 0%
  • Validity: The offer is valid for first-time rent payments done from 00:00 hours on 1st March, 2022 to 23:59 hours on 31st May 2022 and for rent payments done for only 3 consecutive months till 31st July 2022

My View

Except for RedGirraffeMagicBricks, most service providers charge a convenience fee upwards of 1%. This may seem to be an extra cost, but credit cards compensate for this through rewards. With this extra cost negated, paying rent by credit card is an excellent way to manage monthly cash flows. Plus, extra card rewards and credit card fee waivers also become easy to achieve.

15 thoughts on “Best Rent Payment by Credit Card Offers (May 2022)”

  1. BOB Card transactions on Nobroker are failing post entering the OTP Number. Tried with BOB Eterna Cards. Anyone able to make the payment successfully using nobroker + BOB.

  2. On Nobroker BOB Eterna cards are not giving instant 250Discount. I tried with Premier cards and it gives instant 250 discount, but Eterna it didn’t recognize it as BOB card.

      1. I’m also facing the same issue. Mine is newly sourced Eterna Visa variant. Any suggestions?!!

        1. This might be because BoB is yet to update the bin numbers for offers. Please follow up with BoB and Nodal Officer to get the BIN numbers of VISA variant added so that offers can be used.

          1. If that is the case, BOB specific offers on other websites also should not be available. But I’ve availed BOB specific offers on Ease my trip, Zomato, etc.
            I guess its No Broker specific issue

    1. Issue fixed now.. tried paying with my new Eterna – Visa Infinite card,, instant discount applied automatically…

      1. Also, create an article on best credit cards for salaried individuals who spend most on e-commerce sites. Eligibility is not a concern.

  3. Cred fees is mentioned as 1% above. Isn’t it 1.55%. The app currently shows a 25% discount on fees on using cred points, so it come down to 1.16%.
    I received the Axis mail on cashback but the Cred app doesn’t show either Axis or Mastercard offer. Is Cred targeting it for specific users.
    There used to be nice 300 instant discount on Bob cards on cred, but seems that is gone for March 🙁

    1. It seems to vary for users. I am getting on 40% discount on the service fees. So, effective 60% of 1.55% which comes to 0.93%. I had rounded up and marked it as 1% to keep it simple.

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