For the past few weeks, there’s been a lot of talk on Reddit about the fact that when paying rent with Radpad, it comes up in the transaction description as a travel purchase, “Lodgings – Hotel, Motels and Resorts”. This makes it possible to rack up bonus credit card rewards for the Travel category, albeit at a hefty price of 2.99% per dollar.
It’s important to note that only payments made via Apple Pay and Android Pay code the transaction as Travel, not direct credit card payments on Radpad.
The buzz was that after Chase gets added to Android Pay on September 7, it will be possible to pay rent and get 3x Ultimate Rewards points on Radpad utilizing the 3x Travel category bonus on the Sapphire Reserve card. It also makes it very easy to get the $300 Travel Credit on CSR, if it wasn’t easy enough already…
Confirmations are trickling in on Reddit that both Apple Pay and Android Pay are working to get the 3x category and the $300 Travel Credit.
If you value UR points at $.01-per-point, there’s not much gain in using this option other than to meet a spend requirement or to get the travel credit. But if buying UR at $.01-per-point sounds good to you, this is an easy way to automatically buy lots of them at that price.
You can also buy UR at $.015 cents-per-point with the Sapphire Preferred card (earns 2x on Travel)Â or the INK Plus card (INK Plus earns 2x on hotels). Once again, this will be more palatable for minimum spend purposes or if you have a specific redemption in mind which is worth more than $.015-per-point.
For the long run, there’s always a chance of something changing with this coding, whether from Radpad’s side or from Chase’s side, so be prepared to have a month’s loss if that happens before you get around to cancelling your future rent payments.
