We’ve written about racking up credit card spend by paying your rent with a credit or debit, see Complete List Of Options For Paying Your Rent With A Debit Or Credit Card. The best option for paying with a debit card is Radpad which is fee-free. For credit, the best was to pay with Plastiq for just a 2.5% fee, versus the 2.99% fee from Radpad.
More recently, Plastiq started a promotional offer of just 1.99% fee for Mastercard and Amex, while Visa remains at 2.5%. It’s quite possible that this 1.99% rate won’t last forever, but for now it’s available and it’s a great deal.
Radpad now lowered their credit card rate down to 2.5%, bringing it on par with the standard Plastiq rate.
Of course, for now Plastiq is a much better deal since they charge just 1.99%. It’s also convenient to use Plastiq since they allow lots of other bill payments as well so you can make all your bill payments from one place. (Both Plastiq and Radpad allow the use of gift cards as payment, such as Visa gift cards or Amex gift cards.)
Here’s why the new, lower Radpad rate may be useful:
- Radpad allows payment with a Discover card, while Plastiq does not
- Radpad allows payment with Apple Pay, while Plastiq does not
- For Visa payments, Radpad and Plastiq have the same rate
