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Updated over 5 years ago on . Most recent reply

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Jeff Fountain
  • Saint Simons Island, GA
64
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34
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Renters using a credit card to pay rent

Jeff Fountain
  • Saint Simons Island, GA
Posted

Hey guys, I have a potential renter wanting to use a credit card to pay rent. In this case it is a government employee attending a government training camp (FLETC - Brunswick, GA). The government provides the person a government travel card to pay expenses. I am trying to avoid paying out "x" percent to Pay Pal or anything similar but may have to "bite the bullet" and use one of those methods to allow the payment. Just curious and would welcome feedback on what is the least hassle but best method for a renter using a credit card to pay the rent. Thanks in advance.

Most Popular Reply

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Mike McCarthy
  • Investor
  • Philadelphia, PA
1,849
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Mike McCarthy
  • Investor
  • Philadelphia, PA
Replied

Most/all online rent payment tools accept ACH (usually for free) and credit cards (usually for around a 3% fee).

Cozy does this, checking account deposits are free to the tenant and landlord. Credit card charges are free to the landlord and 3% to the tenant.

Gives them options without taking a chunk out of your pocket.

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