How to pay rent with a credit card (for those sweet points)
Platforms like Deft and Sniip let you pay your rent with a credit card. You can earn points this way, but you will have to pay a fee for each payment.
Paying rent with a credit card can help you boost your rewards points and grow your frequent flyer balance. If you pay $500 a week rent and earn one point per dollar, that's a whopping 26,000 points you could earn in a year. But these platforms charge a fee for every transaction.
You have to decide if the points you earn are worth the costs.
When can I use a credit card to pay rent?
A few third-party companies allow you to pay rent with your credit card in Australia.
| Platform | Fees | Points Earned |
|---|---|---|
| Citi PayAll | 0.95% per transaction | 1 point per $1 (Citi Rewards) |
| DEFT | 1.2% - 4.8% | None |
| Rental Rewards | Varies | Same as other purchases |
| Sniip | 1.29% - 1.5% | Same as other purchases |
Citi PayAll
Citi PayAll gives you a way to pay your rent and other bills with a Citi credit card. It also earns points, with Citi Rewards credit cards earning 1 point per $1 spent uncapped and Citi Qantas Rewards cards earning 0.5 points per $1.
There is a fee of 0.95% for each Citi PayAll transaction you make.
DEFT
Powered by Macquarie Bank, DEFT lets you make one-off payments by credit card online or over the phone. But you won't earn points via this method.
To use this service, your landlord or agent has to be registered as a DEFT biller and give you the 20-digit DEFT reference number. Once you have that, you can pay online through the DEFT website.
DEFT transaction fees vary based on factors such as the card or payment method used and the biller’s preferences. The maximum costs for credit card payments are as follows:
- Visa Credit: 1.50%
- Visa International: 4.00%
- MasterCard Credit: 1.20%
- MasterCard International: 4.80%
- American Express: 1.5%
Rental Rewards
Rental Rewards is an online payment platform that lets you earn points by paying your rent with a credit card. It has direct partnerships with real estate agents and brands including real estate agents.
Your agent has to be signed up before you can use Rental Rewards.
You can earn points as normal through your credit card if you're set up with Rental Rewards.
The Rental Rewards website doesn't publicly list card payment fees. But our research suggests there's a 1.45% processing fee.
Sniip
Sniip lets you pay bills with your credit card as long as the bill has a BPAY option. If it's a rewards card, you'll also earn points per $1 spent at the same rate as other purchases.
To use Sniip, you just need to get the app and scan the BPAY details from your bill (or enter them manually), then choose how you want to pay.
Costs are as follows:
- Visa credit card: 1.50%
- Mastercard credit card: 1.50%
- American Express card: 1.29%
How much will paying rent with a credit card cost in the long run?
Earning points for paying your rent sounds like a great idea. Especially if you're a serious points hacker. But you need to factor in the cost of fees.
Example: Rewards vs. platform fees for paying rent with a credit card
- Rent. You pay $600 a week in rent, via monthly payment.
- Points. You earn 1 Qantas Point per $1 spent on your card.
- Platform fee. You pay a 1.5% fee per rental payment.
In this scenario your points and costs work out to be:
- Rent. $31,200 a year.
- Points earned. 31,200 Qantas Points.
- Fee for paying with a credit card. $39 a month or $468 a year.
$468 a year is a huge cost in fees that you could completely avoid. It all depends on how much you value those Qantas Points.
According to the Qantas Points calculator, you could get 2 return economy classic reward flights from Sydney to Melbourne for just under 30,000 Qantas Points.
How to use your Qantas Frequent Flyer Points
Watch out for interest charges
If you pay off your credit card balance each month you can avoid interest charges. But paying your rent on your credit card and forgetting to pay it off could you a lot in interest charges.
- Remember: There are other ways to pay rent
Even if your rental agent, property manager or landlord uses a third-party payment service, they should give you more than one way to pay. For example, renters in NSW and Victoria must have at least one fee-free way to pay rent. You can check with the tenants agency in your state or territory to find out your rights or how to make a complaint if you don't think you're being treated fairly.
Our expert says: Is paying rent with a credit card worth it for points?
"The fees you get charged for paying rent with a credit card will add up to a few hundred dollars a year. That's as much as the annual fee on a points-earning card.
It can be worth it. Rent is one of your biggest expenses, so it's a way to earn tens of thousands of Qantas or Velocity Points. If you're a serious points hacker who will use those points for free reward flights, it could still be worth it.
Do the maths and make sure you get good value from the points you earn."
Want to earn points for your everyday spending? Compare rewards credit cards that offer points per $1 and introductory bonus point offers. Want to know what your rights are as a renter? Get tips and insights in Finder's guide for renters
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Ask a question
Can easyshare be used to pay the ATO by credit card and earn FF points with that card?
I’m not sure if the way it works is that the credit card payment is *to* easyshare and then they pay the ATO (or deposit into the landlord’s account) using the payment instructions provided?
Thanks!
Hi Penny,
Thank you for getting in touch with Finder.
Currently, Easyshare cannot be used to pay the ATO. According to ATO, The quickest and easiest way to pay is with BPAY or a credit/debit card.
Most frequent flyer credit cards offer you points per $1 spent on everyday transactions. However, the range of “eligible transactions” that earn points can vary between providers. For example, many rewards programs exclude utility payments and government charges from earning points or offer a reduced rate of points for these types of payments. Please go through our list of frequent flyer credit cards and ways to earn points on eligible transactions.
I hope this helps.
Please feel free to reach out to us if you have any other enquiries.
Thank you and have a wonderful day!
Cheers,
Jeni