pay rent with CRED
seamless rent payment
with CRED, every payment is rewarding, including your house rent payment. now, you can pay rent with credit cards and earn exciting deals and discounts on the CRED app. making rent payments through credit cards offers dual benefits - you get an interest-free credit period on rent as well as earn CRED reward coins.
what is CRED rentpay?
rentpay is one of the latest products by CRED that is built solely for its members as a smooth rent payments solution. it allows its users to pay their rent through credit card in a simple 3-step hassle-free process. needless to mention, CRED is not only the most user-friendly app for rent payments, but also has a wide range of benefits for its members
why pay rent online with CRED?
CRED app's rent pay feature lets you pay your house rent using the credit card option in a jiffy. the app allows the tenants to pay their monthly rent using the credit card with the amount transferred to the landlord's bank account directly with no further delay.
online credit card payment app CRED has this amazing feature of paying rent, doing so the members also get an interest-free credit period on rent along with some awesome and money-saving reward points which can be redeemed across varied brands and categories. the interest-free credit period may range from 18-48 days to 25-55 days depending on your credit card's payment due date.
undoubtedly, it is quite important to pay rent and monthly dues on time, it not only relieves you from heaps of payments on your head but also increases the financial confidence of an individual. the online rent payment service works straight through the CRED app, which lets users make bill payments with no delay at all. furthermore, the members also earn CRED coins after making the rent payment that can be spent on products and services from CRED partners.
benefits of paying housing rent through credit card on CRED
- pay rent online instantly without any delay
- you get interest-free credit period by paying rent through credit card
- CRED members earn exclusive reward points on rent payment
- get rent payment alerts every month on the set date
how to pay rent online using a credit card on CRED?
- install the CRED app from the Google Play or Apple App Store
- as soon as you install the CRED app, sign up using your credentials
- click on the CRED rentpay option in the app
- next, enter the rent amount. also, this won’t be the final amount to be deducted from your credit amount as you will also be charged some service charges along with the rent
- click on 'proceed with credit card' and fill in your card details to pay the rent directly
- enter details of your landlord like his name, banking details, UPI address, whichever you may want. you may either enter the complete bank account details of your landlord here or enter their UPI address.
- enter the address, and then click on proceed to payment and complete the final step
please note, members can avail CRED rent pay service at a small transaction fee. this fee may range from 1 percent to 1.5 percent, depending on the credit card network. once done, you can also set up auto-payments for timely payments in the future as per your convenience.
with CRED, individuals get the liberty to free up cash, relish the interest-free credit period, and earn reward points on credit card spending. so login now, and pay your house rent anytime and from anywhere in no time!
CRED rentpay credit card offers
when you pay rent on CRED through credit card, you get various discounts and cashback offers depending on your credit card issuer. to check credit card offers on CRED rentpay services, login to your CRED account, go to the CRED rentpay page. there you will see all the offers on various credit cards. the credit cards offer benefits such as - cashback, discounts, lucky draw, exclusive reward points etc.
frequently asked questions (FAQs)
q: should you pay rent with a credit card?
a: yes. when you pay rent with a credit card, you get an interest-free credit period. also, if you use CRED to pay rent online through credit card, you also earn exclusive coins that can be used to claim various offers and discounts available on CRED.
q: how to get cashback for paying rent online?
a: you can login to your CRED account and use your credit card to pay rent online through the CRED website. the cashback you would earn will depend on the credit card you are using. by paying rent through CRED, you would also earn CRED coins that can be used to claim cashback offers available on the CRED app.
q: how long will it take to transfer the rent to the landlord's account?
a: tenants can pay rent using a credit card to the landlord's bank account instantly with no further delay. in some cases, it may take up to few hours or 1 working day to credit the rent to your landlord's bank account.
q: is it safe to pay rent with a credit card through CRED?
a: yes, all payments on CRED are encrypted and comply with the highest standards of security.
q: are receipts generated for paying rent through credit card?
a: yes, you can take the screenshot once the payment is done. you would also get a notification through SMS and email.
q: does my landlord need to be a CRED user or merchant to receive my rent?
a: no. you just need to enter your landlord's account number, IFSC code, or UPI to pay rent online using a credit card.
q: are there any limits on the number of rent payments allowed?
a: yes. multiple rent payments in the same month is not allowed. your rent payment limit will be renewed on the 1st of every month. this is applicable for house rent, maintenance and office rent payments.
q: are there any limits on the amount that can be transferred under rent payment?
a: rent payments less than ₹2,500 are not allowed through CRED rentpay.
q: how can i know the status of the refund for my failed order?
a: you can contact CRED support through in-app chat or send email to CRED customer care at grievanceofficer@cred.club.
q: can i cancel my rent payment?
a: if you have completed the rent payment transaction, it can't be cancelled.
q: how will my rent payment reflect in my landlord’s bank account?
a: the rent payment will be transferred directly to the bank account of your landlord based on the account number/UPI provided by you.
q: why is my landlord’s PAN number required?
a: as per the Income Tax Act, it is mandatory to submit the landlord’s PAN for rent payments above ₹50,000.
q: can i claim my HRA by paying through CRED?
a: yes, if you are eligible to claim the HRA benefits, you can submit the CRED rentpay receipts to claim tax benefits.
q: what kind of other rent payments can i make on CRED?
a: members of the CRED club can also pay the - maintenance charges, office rent, security deposit, brokerage charges, and token amount through the CRED platform.