Are you looking for how to pay rent with a credit card for free? Plastiq is a great option that lets you pay rent with a credit card – sometimes for free. You might even be able to make a small profit.
Plastiq is an easy way to pay rent with a credit card
A good option for paying your rent with credit card or debit card is Plastiq. You can use Plastiq to pay your rent but also other bills including your mortgage, tuition, utilities etc. I don’t pay rent but I periodically use Plastiq to pay my mortgage with a credit card and have had no issues.
How to Pay Rent with a Credit Card for Free
Plastiq normally charges a fee up to 2.50% for using a credit card but there are a few ways to pay rent for free:
1) Plastiq Referral Program
Plastiq has a referral program which can earn you and those you refer free online bill payments. For every person who signs up with Plastiq using your referral link and makes a payment of at least $500, you earn $1,000 dollars of fee free bill payments and that person will get $500 dollars of fee free bill payments.
If you do not have a friend/family member to refer you to Plastiq, I would be grateful if you sign up for Plastiq with my referral link and you will earn $1,000 dollars of NO FEE bill payments after making a $500 bill payment.
If you can make a few Plastiq referrals you can pay at least one month rent for free.
2) Use a Credit Card that Earns More than Than The Fee
If you have a credit card that earns more than the Plastiq fee (2.50%), you can make a profit paying your rent. For example, the Citi AT&T Access More card earns 3X for online purchases (this card is no longer available to new applicants, but you might be able to product change another Citi card). The Chase Sapphire Reserve card and the Chase Ink Business Preferred also earn 3X for Plastiq online payments.
3) Keep an eye out for limited time Plastiq promotions.
Even if you do not have a credit card that earns more than 2.50%, keep an eye out for limited time promotions. Plastiq periodically offers promotions where it charges a lower fee. For example, Plastiq briefly ran a promotion where the fee was lowered to 1.75% if you scheduled 6 or rent or mortgage payments on a Mastercard. I have a Mastercard (Citi DoubleCash) that earns 2% so I scheduled payments at that time locking in a 0.25% profit.