Posted by Chuck on April 13, 2016
Manufactured Spending

Published on April 13th, 2016 | by Chuck

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Radpad to Charge More for Mastercard Payments Starting June 1

Since January, Radpad had a special rate of 1.99% for paying rent via Mastercard credit card. Starting June 1, the rate goes up to 3.49%, on par with Visa, Amex, and Discover payments.

Screen Shot 2016-04-13 at 1.47.45 PM

Many were using Radpad with their AT&T Access card to get 3x for paying their rent, at just a 1.99% fee, or .66¢ per point. That won’t work starting June 1 when the rate goes back to 3.49%. The important date here is the charge date and it won’t work to schedule payments out for the future.

We had hoped it was a permanent rate but apparently it was just promotional. I guess nothing is permanent in this hobby.

Thanks to flavorpuff on Reddit for the image

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