Top 10 Apps Pay Rent With Credit Card In India

Top Ten Rent Apps To Pay Rent Using Credit Cards

1. Paytm

Paytm has become one of the most trusted and widely used digital payment platforms in India, especially since the pandemic. Originally known for mobile recharges and bill payments, it has grown into a versatile app that caters to a range of financial needs, including rent payments. With a large user base, Paytm provides an easy, secure, and fast way for tenants to settle their rent with a swipe of their credit card.

Features & Benefits:

• 45-day interest-free period: Paytm offers an interest-free period of up to 45 days, giving tenants the flexibility to repay their credit card dues without worrying about interest charges.
• Security & Protection: Paytm takes security seriously by providing enhanced protection for users' financial information. The app uses encryption technology to secure your transaction data.
• Rewards & Cashback: Tenants can earn cashback and reward points for paying rent via Paytm, providing extra benefits for regular users.
• Digital Rent Receipts: Paytm makes managing payments easier by providing digital receipts and agreements, which can be accessed at any time. This is especially useful for keeping track of payment history.
• Integrated Payment System: Paytm offers a 3-way payment system that makes the transaction process faster, simpler, and secure, ensuring that tenants can pay rent with minimal hassle.
• One-stop Payment Solution: With the integrated bill feature, tenants don't need to juggle multiple apps for different payment modes.

2. PhonePe

PhonePe is another popular payment app in India, widely known for its convenience and ease of use. Since its introduction of rent payment features in 2021, PhonePe has gained traction as a reliable platform for paying rent with credit cards. The app’s interface is similar to other platforms like Paytm, making it easy for users to adopt.

Features & Benefits:

• Support for American Express: Unlike many other apps, PhonePe allows tenants to pay rent using American Express credit cards, expanding payment options for users.
• Automated Payment Reminders: PhonePe includes an automated payment option that ensures rent is paid on time every month without any manual effort, making it easier for tenants to stay organized.
• In-App Communication: The app facilitates direct communication between tenants and landlords, helping them resolve issues or discuss payment details quickly.
• Rewards & Cashback: Like Paytm, PhonePe offers incentives such as cashback and rewards for using the platform to pay rent, making it a more attractive option.
• Secure & Easy-to-Use: The app boasts a user-friendly interface with additional security features to ensure safe transactions and protect sensitive financial data.
• Transaction History: It keeps a detailed record of digital payments, which simplifies the tracking process for both landlords and tenants.

3. Buildium

Buildium is a comprehensive property management platform designed for property owners, managers, and landlords. It simplifies rent collection, maintenance requests, lease management, and more. The app has built a solid reputation among landlords for its advanced tools and automation, making it a top choice for managing rental properties and streamlining rent payments.

Features & Benefits:

4. PayZapp

PayZapp, launched by HDFC Bank, is primarily a digital wallet app, but it connects to various platforms like RedGiraffe and NoBroker to facilitate rent payments. Although it's not specifically designed for rent payments, its integrations with these platforms make it a helpful tool for tenants.

Features & Benefits:

• Payment Integration with RedGiraffe: PayZapp links with the RedGiraffe app, offering tenants a simple way to pay rent while earning bonus points or cashback on their payments.
• Convenient Wallet Option for NoBroker: PayZapp can also be used to pay rent through NoBroker, providing an additional layer of flexibility for tenants. Extra cashback is available when paying via this method.
• Easy-to-Use Interface: PayZapp offers a clean, straightforward interface that makes rent payments hassle-free for users.

5. ePayRent

ePayRent is a dedicated platform that allows tenants to pay their rent using credit cards, debit cards, or net banking. It offers a secure and efficient way to make rent payments without leaving the comfort of your home.

Features & Benefits:

• Encrypted Security: The app ensures that your sensitive information is protected by using encryption technology, providing peace of mind to users.
• Instant Rent Receipts: ePayRent sends instant rent receipts via email, making it easy for tenants to claim HRA exemptions.
• Reward Points: Users can earn reward points on each rent payment, which can be redeemed for future transactions, giving tenants added incentives to use the platform.

6. CRED

CRED started as a credit card management platform but has expanded its services to include rent payments. With features like financial tracking, insurance, and investments, CRED is a great option for users looking to manage their finances more holistically.

Features & Benefits:

• Exclusive Rewards & Cashback: CRED offers exclusive cashback and rewards for rent payments made through the app, making it a lucrative option for users.
• Automated Recurring Payments: The platform provides automated recurring payments for rent, ensuring timely and effortless payments every month.
• Detailed Record-Keeping: CRED keeps an organized digital record of all your rent payments, helping both landlords and tenants track payment history.
• User-Friendly: The app is easy to navigate, offering a seamless experience for first-time users as well as seasoned users.
• Interest-Free Credit Period: CRED offers an interest-free credit period when paying rent with a credit card, giving tenants additional time to repay.

7. NoBroker

NoBroker is a platform that simplifies the process of renting, buying, and selling properties. Additionally, it offers an easy way for tenants to pay rent using their credit cards, eliminating the need for cash transactions.

Features & Benefits:

• Refer & Earn: NoBroker rewards users for inviting friends to join the platform, offering a 50% discount on processing fees.
• Generous Rewards: Users can earn up to 30,000 reward points by paying rent with Visa or MasterCard through NoBroker.
• Instant Rent Receipts: Rent receipts are sent directly to your registered email, providing a quick record of your payment.
• Fast Payment Transfer: Landlords receive the rent within two working days of payment, ensuring smooth and timely transactions.

8. RedGirraffe

RedGirraffe is a rent payment platform that makes it easy for tenants to pay their rent using credit cards. The app stands out for its low service fees and the option to set up auto-payment alerts for timely rent payment.

Features & Benefits:

• Low Service Fee: RedGirraffe charges a minimal service fee of just 0.39% + GST, which makes it an affordable choice for tenants.
• Auto Payment Setup: Once your credit card account is activated, you can set up automatic payment alerts to ensure that you never miss a rent payment again.
• Simple Form Submission: The app’s registration process is straightforward, requiring you to fill out a form only once. While the process may take a few days to activate, it’s well worth it for the savings.

9. Magicbricks

Magicbricks is a leading property listing platform in India, widely known for buying, selling, and renting properties. The app also allows tenants to pay rent through credit cards, with minimal processing fees.

Features & Benefits:

• Quick Payment Transfer: Magicbricks ensures that landlords receive rent payments within a day of initiation.
• Enhanced Security: The platform uses advanced security features to protect sensitive financial data, such as credit card and bank account details.
• Reward Offers & Discounts: Users can earn cashback up to Rs. 23,000, along with exclusive discounts on brands like Domino’s, Myntra, and PharmEasy.
• Free Rental Insurance: Magicbricks offers free rental insurance worth up to Rs. 1 lakh, offering tenants an added layer of protection.
• Instant Rent Receipts: Rent receipts are sent immediately to your email or phone, providing instant confirmation of payment.

10. Freecharge

Freecharge, backed by Axis Bank, offers an easy way to pay rent via credit card, making the process more convenient for tenants.

Features & Benefits:

• Multiple Landlord Payments: You can add up to three landlords at once, and transfer up to Rs. 2 lakhs per day.
• Rewards & Cashback: Pay rent with your Axis Bank credit card and earn 3x reward points.
• Flexible Payment Options: Depending on your card scheme, you may be eligible for cashback or additional rewards, making it a versatile choice for tenants.

What Are The Benefits of Paying Rent With A Credit Card?

• Cashback offers: When you pay rent using a credit card, you will get cashback from several banks and e-commerce portals. These will be directly credited to your account.
• Reward points: You will earn reward points when you pay rent using credit cards. These are redeemable in the future for discounts on purchases.
• Interest Free Credit Period: Credit cards come with a 45 day interest free credit period. Therefore, if you pay your credit card bill within 45 days, you do not have to pay any interest charges.
• Minimum formalities: Most platforms that allow you to pay rent using credit cards offer enhanced technology features that provide the users with easy and seamless processing. Also, it is enough to fill in the details pertaining to the landlord just once. Then, you can automate the rent paying transaction if your credit card issuer allows you to do so.
• Meet the annual spending limit: Many users in India find it difficult to meet the annual spending limit of their credit cards. But, when you pay rent using credit cards, you can easily meet the annual spending limit.

How to Pay Rent Safely Using a Credit Card?

• Use your credit card to pay rent only on trusted sites.
• Choose the option of two factor authentication. This will give an additional level of security to your credit card.
• Whenever you pay the rent using the credit card, do not share the OTPs with anyone.
• Do not share the details of your credit card on random websites, as this may lead to frauds.
• If you lose your credit card, contact the bank immediately and ask them to block the card.
• Do not disclose sensitive details of your credit card like the CVV, credit card number, or expiry date. Because no bank or financial institution will ask for such details.

FAQs on Best Rent Payment Apps: