PSA: Check To See If Credit Card Payment Fees Are Being Waived

A lot of places offer the option to pay with a credit card with a fee. If you have a regular payment that has a credit card with a fee option it’s worth checking to see if that is currently being waived. For example a lot of readers have the option to pay rent with a card, normally this incurs a large (3%+) fee but this is currently being waived. Another example is Sallie Mae waiving fees. This gives you the chance to earn some rewards points/miles/cash back and also allows for contactless payment to help prevent the spread of COVID-19. I’d only recommend this if you’re able to pay off the credit card in full immediately to avoid high interest rates.

Subscribe
Notify of
guest
The comment form collects your name, email and content to allow us keep track of the comments placed on the website.

30 Comments
newest
oldest most voted