Radpad is a service some use to pay rent with a debit or credit card. Debit card payments are free and credit card payments come with a fee. It could be worth swallowing fees to help meet a minimum spend requirement.
- RadPad – Pay your Rent with a Debit/Credit Card
- Complete List Of Options For Paying Your Rent With A Debit Or Credit Card
The new rates charged by RadPad are 1.99% for Mastercard payments and 3.49% for Visa, Amex, and Discover. (Link)
It’s curious that Mastercard is almost half the cost of Visa, although Plastiq also has run promos in the past for Mastercard specifically. Who knows?
Anyway, under the new pricing, for payments with Mastercard, Radpad is probably the best route to go at 1.99%, less than Plastiq’s current rate of 2.5% for all cards. For Visa or Amex, Plastiq is the best at 2.5%.
HT: Reader MM
