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Does your landlord let you use a credit card for paying rent? If so, you can get purchase rewards from one of your largest monthly expenses, just like you would when using a credit card to pay your mortgage. While there may be a few factors that make paying with a credit card different, it can be worth it. Plus, this can also be a great opportunity to earn limited-time credit card offers.

The best credit card for paying rent can help you earn rewards while still managing your necessities. Photo by Pexels

Your landlord may have you pay the credit card transaction fee. Most rent payment apps charge processing fees between 2.5% and 3.0%. That’s between $25 and $30 in fees with each rent payment.

Paying the fee can still be worth it when you can make each credit card point worth more than 3 cents each. This is possible when booking award flights. In particular, first-class award flights tend to be the most valuable with each point worth as much as 6 cents each.

Best Credit Card for Paying Rent Options

In most cases, the best credit card for paying rent lets you transfer points to frequent flyer programs at a 1:1 ratio. That is, 1,000 credit card points are worth 1,000 frequent flyer miles. Booking flights directly through the airline is the most consistent way to get the most mileage from each point.

Chase Sapphire Preferred

New Chase Sapphire Preferred® Card cardholders can earn 80,000 bonus points after spending $4,000 on purchases in the first 3 months from account opening, worth $1,000 when you redeem through Chase Ultimate Rewards®. Plus, they can earn up to $50 in statement credits towards grocery store purchases within the first year of account opening.

You can transfer your points at a 1:1 ratio to airline and hotel partners to possibly get more than $1000 value. Some of the best airline transfer partners include:

  • United Airlines
  • Avianca LifeMiles
  • British Airways
  • Emirates
  • Flying Blue
  • Singapore Airlines

You also get valuable Chase Sapphire Preferred benefits like travel and primary rental car insurance. The annual fee is $95.

Platinum Card from American Express

Frequent flyers who enjoy airport lounge access, Uber credits, and other premium perks should consider the Platinum Card® from American Express.

New cardmembers can earn 75,000 bonus Membership Rewards® Points after spending $5,000 on purchases in the first 6 months of account opening. Cardholders also earn 10x points on eligible purchases at U.S. gas stations and U.S. supermarkets, up to $15,000 in combined purchases, during your first 6 months of card membership.

The Platinum Card from American Express also offers these benefits:

  • $200 airline fee credit
  • $200 in annual Uber credits
  • Complimentary airport lounge access
  • Global Entry or TSA PreCheck fee credit

Earn 5x Membership Rewards® Points for flights booked directly with airlines or with American Express Travel, up to $500,000 on these purchases per calendar year. Cardholders also earn 5x points on prepaid hotel bookings through amextravel.com.

There are plenty of airline transfer partners as well. Some of the airline transfer partners include:

  • Delta Air Lines
  • ANA
  • Asia Miles
  • British Airways
  • Emirates
  • Singapore Airlines
  • Qantas

The annual fee for the Amex Platinum is $550 (See Rates & Fees). This card can be well worth it if you fly often.

Amex EveryDay Credit Card

The information for the Amex EveryDay Credit Card has been collected independently by Johnny Jet. The card details on this page have not been reviewed or provided by the card issuer.

The Amex EveryDay® Credit Card doesn’t have an annual fee (See Rates & Fees) and earns Membership Rewards. Despite not having an annual fee, you can transfer your points to airline partners. You can’t do this with the Chase credit cards without an annual fee, for instance.

You earn 2x points on the first $6,000 in annual purchases at US supermarkets (then 1 point per $1). All other purchases earn 1 point per $1 with the Amex EveryDay Credit Card.

What makes this card fun is the monthly purchase rewards bonus. By making at least 20 purchases in a billing cycle, you get 20% more points. This bonus can help offset potential fees when paying rent.

The current welcome bonus 10,000 Membership Rewards ($100 value) after spending $1,000 in the first 3 months. You can easily reach this bonus by only paying your rent.

Citi Premier Card

The Citi Premier® Card is another top-notch travel rewards card. Its signup bonus can be difficult to earn without large purchases. You can earn 60,000 bonus Citi ThankYou points after $4,000 in card purchases in the first 3 months. There is also an annual $100 hotel benefit after spending $500 or more (excluding taxes and fees) on a single hotel stay purchased through thankyou.com.

Citi Premier Card airline transfer partners include:

  • Asia Miles
  • Avianca LifeMiles
  • Flying Blue
  • Qantas
  • Singapore Airlines
  • Turkish Airlines

With the exception of JetBlue, the other Citi ThankYou transfer partners are international airlines. This can be a good card for international travel as a result.

Your purchases can earn up to 3 ThankYou points:

  • 3x ThankYou points on air travel, hotels, supermarkets, restaurants, and gas stations
  • 1x points on all other purchases

Learn more: Best Credit Cards for International Travel

Capital One Venture Rewards Credit Card

The Capital One Venture Rewards Credit Card can be a good option if you prefer simplicity. You earn 2 miles per $1 spent on all purchases. So, a $1,000 rent payment earns 2,000 miles.

Each mile is worth 1 cent each when redeemed for travel statement credits or booking award travel through Capital One. A third option is transferring your miles to leading travel loyalty programs. However, the transfer ratio is either 1.5:1 or 2:1 meaning you get fewer miles than the miles you transfer.

The Capital One airline transfer partners include:

  • Avianca LifeMiles
  • Flying Blue
  • Emirates
  • Qantas
  • Singapore Airlines

You will need to be selective when you transfer your Capital One miles to get the most value.

One nice benefit to consider the Venture Card is that the annual fee is only $95.

New Capital One Venture Rewards Credit Card cardholders can earn 100,000 bonus miles after spending $20,000 on purchases in the first 12 months from account opening, or earn 50,000 miles after spending $3,000 on purchases in the first 3 months.

Learn more: Travel Rewards Credit Cards

Southwest Rapid Rewards Priority Card

Southwest’s flagship card, the Southwest Rapid Rewards® Priority Credit Card, tends to have the most perks:

  • $75 annual Southwest travel credit
  • 4 Upgraded Bookings per year (when available)
  • 20% back on inflight purchases
  • 7,500 bonus Rapid Rewards each card anniversary

Cardholders earn 2x points per $1 spent on Southwest purchases. Non-bonus purchases earn 1x point per $1 spent.

New cardholders can earn 40,000 points after spending $1,000 on purchases in the first 3 months of account opening. Plus, earn 3x points on dining, including takeout and eligible delivery services, for the first year.

Paying the rent with your credit card can be worth it if it means your travel mate can fly for only the cost of fees and taxes. On most flights, the fees and taxes are normally $5.60 each way.

Learn more: Best Southwest Credit Card Offers

Transfer or Redeem Credit Card Points?

Two of the best transfer programs are:

Most credit card points are only worth 1 cent each when booking award travel through the credit card rewards portal.

If you don’t prefer to transfer points, paying rent fees can still be worth it to earn a valuable signup bonus. The hefty bonus can offset any fees.

And, you may also only use your credit card for paying rent to meet a spending minimum to qualify for a bonus. Without the rent payment, maybe you could spend $4,000 in the first 3 months, for instance. Then you can keep paying rent directly from your checking account.

Summary of the Best Credit Card for Paying Rent Options

Paying rent is an easy way to make a large monthly purchase. Large purchases make it easier to earn those hard-to-reach minimum spending requirements. You can also earn plenty of rewards points from a single purchase.

FAQs

Can rent be paid by credit card?

It’s possible to pay rent by credit card if your landlord accepts credit card payments. They may use invoicing software or a dedicated rent payment app. If the landlord accepts credit cards, most likely you can use a Visa, Mastercard, American Express, or Discover card to pay rent.

However, either the tenant or the landlord will need to pay credit card processing fees. These fees are usually between 2.5% and 3% of the purchases total.

Is it worth paying rent by credit card?

You may need to pay a processing fee between 2.5% and 3% when paying rent by credit card. Unless you’re trying to earn a signup bonus or can redeem your points for at least 3 cents each, it’s not worth paying by credit card.

The best way to make each point worth at least 3 cents each is transferring them to an airline and booking award flights.

Most credit card points are worth 1 cent each which is less than than the fee. This is the standard redemption value for travel statement credits, cash rewards, and gift cards.

Is paying rent with a credit card considered a cash advance?

Rent payments via credit card are not considered a cash advance. This is because the rent payment app processes the payment as a new purchase. While you won’t pay a cash advance APR, you might pay credit card processing fees. This one-time fee is between 2.5% and 3% of the payment amount.

For rates and fees of The Platinum Card® from American Express, please click here.

For rates and fees of The Amex EveryDay® Credit Card, please click here.

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Josh Patoka
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