Should you pay your rent on a credit card to get points?

Hi guys,

I’d like to maximize my points, but I don’t typically make large purchases. There’s a $6.95 fee to pay my $2,400 rent using a credit card. Do rent payments count as everyday purchases?

Cards:

  • Amex: Gold and Blue Cash Everyday (BCE)
  • CapitalOne: Venture X, Quicksilver, Savor
  • Chase: United Gateway

Most of my cards offer 1% cash back for everyday purchases.

1 Like

If you’re using your rent payment to qualify for a credit card sign-up bonus or earn credit card rewards, putting your rent on credit could be a smart move. But before you pay rent with a credit card, make sure you aren’t paying more in fees than you’re earning in rewards.

1 Like

Hi, Paying rent with a credit card can earn points but may incur fees that outweigh benefits. Ensure the rewards surpass these fees and pay off the balance monthly to avoid interest. Evaluate your financial situation and card terms carefully.

Hello there, paying your rent with credit may offer you benefits for that price. The standard cash-back card returns 1.5% to 2%.

As someone who enjoys optimizing credit card rewards without making large purchases, I’ve considered using my credit card for rent payments despite the $6.95 fee for my $2,400 rent. While rent payments typically don’t count as everyday purchases, using my CapitalOne Venture X for 2x miles or the Amex Gold for 1x points on all purchases helps maximize rewards. By doing the math, I found that the rewards earned often outweigh the fee, making it a worthwhile strategy to boost my points while covering a significant expense.