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.

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J
J

Our building is giving a $25 credit to help overset credit card fees. Won’t cover it fully, or even half, but better than nothing!

Ross
Ross

Apartment complex waived 3% fee to pay rent via credit card. Working on the southwest 75,000 point offer I applied for in January and am now at $3,500 spent as of today. Already paid rent a few days ago with the card and am going to call and ask if I can pay the next month now with no fee. I figure I can easily get $500 in organic spend between now and June.

AllwaysLearning22
AllwaysLearning22

My advice. Don’t ask. Just pay it. Nobody is going to refuse money you send them ‘early’ 🙂

HarryTheFirstHarry
HarryTheFirstHarry

Not sure if this is a reduction from 2.5 to 2.0% but makes it worth now… at least for the float if you have NJ state taxes to pay:
The online charge processed through NICUSA-NJ includes a separate service fee. The fee is 2.0 percent of the payment plus $0.50. The total amount charged for your transaction is listed on the upper right hand corner of the next page. NICUSA-NJ uses the excess funds solely to develop, run, maintain, enhance and expand the State’s electronic service offerings. NICUSA-NJ does not share any excess funds with the State of New Jersey.

Dan
Dan

Not at the CA DMV 🙁

YoniPDX

DMV,

Funny, I’ve been thinking about our car biennial car registration fees (shelter in place), auto insurance (actually suspended three auto policies – keeping two active).

Sadly the government doesn’t care – when I tried to unsubscribe and cancel my IRS membership they offered me free room & board – but I’m I’m wasn’t a good enough customer to get the same type facility as Martha Stewart or Madoff.

😉

Gerald
Gerald

Think positive. If you’re not earning a salary, you’ll pay less in taxes. If you’re really lucky, you’ll make so little you won’t have to pay any taxes.

qmc
qmc

government agencies in many states, including CA, are required to, by law, pass on the cost of processing electronic payments (but not for the personnel to process it by hand). I would not expect them to decide this crisis allows them to start.

az
az

I wish Plastiq could waive the fee for some months.

Jim
Jim

Just and they shall waive it for you

Gerald
Gerald

They sometimes have targeted reductions in the fee. I got one for 1% a while ago.

Alex
Alex

Avalon is crediting back credit card payment fee for rent across all properties till June 1st.

JB SanDiego
JB SanDiego

Not here. Yesterday, I just paid my water bill and fee still applied (although small). Also, yesterday, I just paid additional 2019 federal taxes using ‘Pay1040’ and the 1.87% still applied.

I have more federal taxes to pay this month and next.

What is interesting, is that I have a $200 credit card fee for an Eastern Europe tour for June, coming up in 10 days. I am going to call the tour and ask for a fee waiver.

Good idea DoC!

Gerald
Gerald

There’s a big difference between your water company and Pay1040. The water company makes money by selling water, so if they don’t charge a credit card fee they’re still making money. I suspect Pay1040’s only source of revenue is the 1.87% fee they charge.

zzcodi
zzcodi

if anyone fees for fed or state taxes are waived, pls post

Max
Max

Duke energy ohio. Not charged the $1.50 credit card fee even though western union is the intermediary in the transaction.

AllwaysLearning22
AllwaysLearning22

You can pay your electric bill (and in the case of Duke Ohio gas bill) with a CC via Arcadia Power. See my comment about Duke in that thread – https://www.doctorofcredit.com/arcadia-power-pay-your-electric-bill-with-credit-card-for-no-fee-available-nationwide/#comment-700140

Bill Shuman

My heartless rental company is still charging 3% for processing payments on top of increasing my rent by 20% this month!

ben
ben

haha. I just renewed today. Increased by 1.9% compared to last lease. I stalled to very end and got better deal. Feel like i could have been harder and kept my same rental rate as last lease,.

Curmudgeon
Curmudgeon

What a coincidence! I just raised the rent on a whiny, self-entitled renter by 20% to bring it up to market rates. Wait, Bill, is that you? Any chance your middle name is “waaaaah?” If so, remember, rent is late by the 5th.

David
David

stfu

aquac
aquac

Is it managed by Kushner Companies LLC AKA ‘Slumdog Millionaire’

jim
jim

barclay aadvantage aviator card for the last 6 years. I cancelled it yesterday after they had nothing to offer. NO reason to pay $99 for this card.

Avi
Avi

Re-read the post. That’s not what he’s talking about.

qmc
qmc

Why did you keep it for 6 years?

Jim
Jim

Because I paid zero annual fee and have been getting the 10k disadvantage miles every year.

Gerald
Gerald

There’s a no-fee version. They wouldn’t let you switch to it?

jim
jim

not to all! they allowed on my wife’s not on mine. It is a junk card with no more annual free 10k bonus miles, no 10% bonus miles, horrible disadvantage miles horribly devalued. glad i cancelled it

Vic
Vic

Barclays stopped allowing PC recently. It’s been like this for a year or so.

qmc
qmc

Well I guess they’re really losing out, then!

On … a whole lot o’ nothin.