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Cred has started accepting rent payments using credit card

Cred has started accepting rent payments using credit card

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Deal Lieutenant
ashishreddy3...

For an amount of 15000
Service charge + GST = 225 , So we should pay an extra amount of 225 for the rent payment of 15000 to the landlord

PAN Card is mandatory if the rent is above 50k

https://www.cred...b/

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Deal Lieutenant Deal Lieutenant
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They are charging 1.5 % extra for the payment of rent using credit cards

Deal Cadet Deal Cadet
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Can I pay rent using Amex card?

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Deal Lieutenant Deal Lieutenant
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https://cdn0.desidime.com/attachments/photos/613486/medium/6614810Whats-App-Image-2020-04-19-at-7-23-27-PM-1.jpg?1587304583

Shopping Friend Shopping Friend
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Nobroker pay charges only 1% so opt for that rather than Cred

Cool Cool
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Is there an option to pay with Amazon pay in Nobroker?
Edit: And @Bhalla_here @sardasa bros, what about redgiraffe?
PS: Currently I am paying my rent via paymatrix with 3%+ charges.

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Deal Lieutenant Deal Lieutenant
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https://cdn0.desidime.com/attachments/photos/613487/medium/6614814Whats-App-Image-2020-04-19-at-7-23-27-PM.jpg?1587304638

Deal Lieutenant Deal Lieutenant
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https://cdn0.desidime.com/attachments/photos/613488/medium/6614818Whats-App-Image-2020-04-19-at-7-28-41-PM-1.jpg?1587304771
https://cdn0.desidime.com/attachments/photos/613489/medium/6614818Whats-App-Image-2020-04-19-at-7-28-41-PM.jpg?1587304777

Deal Cadet Deal Cadet
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So much for their hideous tnc and FAQs that they cannot even mention the charges in them!! Shows how transparent they are!

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Deal Lieutenant Deal Lieutenant
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They are not asking for anything at all even PAN card also for rents below 50k , and the money transfer is instant as they mentioned in the terms and conditions

Deal Cadet Deal Cadet
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The rent feature is not showing in my app..how it can be use.can anyone pls help..i have updated the app also.but not shown

Deal Lieutenant Deal Lieutenant
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they might be testing this feature and may not be available for all users

Deal Subedar Deal Subedar
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Why not use RedGirraffe and pay even less fee?

Deal Cadet Deal Cadet
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I use redgirraffee. Only thing I miss is that they don’t accept amex. Could have helped spend 4 lacs on amex platinum travel for all benefits.

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Deal Cadet Deal Cadet
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Will Flipkart Axis earn 1.5% charge on cred rent payment

Deal Lieutenant Deal Lieutenant
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yes i think so but i am not sure as i dont have flipkart axis card

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Deal Cadet Deal Cadet
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still, redgiraffe is very attractive. what i see here is just amex as an added advantage

Deal Cadet Deal Cadet
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I agree

Deal Cadet Deal Cadet
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Yes it’s a absolutely true that redgiraffe is best for the rent payment, although the rent feature is not showing in my cred app. It’s already an updated version on my phone. confused

Blaze Blaze
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https://cdn0.desidime.com/attachments/photos/613635/original/Screenshot_20200421-015730.png?1587414525

Deal Cadet Deal Cadet
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Not mentioned anywhere on the app

Deal Subedar Deal Subedar
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Update app, also there is small convinience fee if paid through cc. 30 rupees for 2000

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Deal Cadet Deal Cadet
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It’s 1.5% although better than NoBroker. But still less than redgirrafe which takes only 0.39%.

Shopping Friend Shopping Friend
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No broker pay charges 1% , so no broker pay is better than Cred

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Deal Cadet Deal Cadet
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1.5%( including GST)

Deal Newbie Deal Newbie
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App name

Deal Cadet Deal Cadet
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Redgiraffe required rent agreement and property ownership papers for processing the rent i.e. less then Rs. 50000. Please help how can I pay the rent without these.

Deal Lieutenant Deal Lieutenant
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Is it authentic app? How much time do they take in processing the payment. @Bhalla_here

I used Nobroker till now but they take 2 days to process the payment. I highly doubt that they may also close anyday after this lockdown which may cause loss of my payment for mere 0.5%-1% savings.

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Deal Lieutenant Deal Lieutenant
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Then my doubt is applicable on redgirraffe also as startups are very prone to failure at these kind of times without funding, so should we really risk our money in current scenario for mere 1% return?

Deal Lieutenant Deal Lieutenant
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Redgiraffe has proper tie-up with bank like HDFC, ICICI etc. Its not like nobroker or cred. You can always charge back if not paid by Redgiraffe

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Cool Cool
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redgiraffe best to pay rents with cc.. dont use axis fk at payzapp they wont give reward points.. i uses iconia visa indus which gives 1% on weekends.. i used to pay my rent 18500 and 85/- giraffe charges ..it will take 3 days to credit in landlord account. currently this is best for rent payments

Community Angel Community Angel
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Which all wallets not eligible for 1.5% cashback on Axis Flipkart ?

Deal Newbie Deal Newbie
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“Best service to pay your house rent by using Nobroker Pay. For 6 months I am using this service. I get the cashback/reward points in my account as well. I always can use the NoBroker Pay service to pay the house rent. it is very easy to use.
There are 3 simple steps to pay the landlord house rent online using Nobroker Pay.
1. Fill the transaction details.
2. Make a Payment.
3. Payment Credited – transferred to the owner’s account within 2 working days.
Transfer your flat rent now: https://www.nobroker.in/pay-property-rent-o...e/

Deal Subedar Deal Subedar
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Did anybody transact using Amex Iconia card to pay rent on CRED?
Kindly inform whether 2 RP were given or just 0.7??

Deal Cadet Deal Cadet
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Did you try with iconia amex? If got points pls let me know

Deal Cadet Deal Cadet
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Anyone paid rent thru cred? Is it instant?

Deal Cadet Deal Cadet
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Is it available for all? If possible pls tell me version or send apk . Thanks

Deal Cadet Deal Cadet
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Paid 45k using Flipkart Axis card . Charges 675 which is 1.5%. After payment got my transaction eligible for 1.5% . Also money instant credited to my friend UPI

Cool Cool
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what is the profit bro ?

Star Star
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What exactly the benefit of payting rent thru these 3rd party app??

Deal Newbie Deal Newbie
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You can use credit cards

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Deal Cadet Deal Cadet
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https://www.cred...b/
Complete details Here u go:

pay rent with your credit card
earn upto 3.3% extra reward points according to one’s own cc variant
enjoy upto 45day grace period.
earn more cred coins.
reach reward milestones faster..

plz check cred app for more details

Deal Cadet Deal Cadet
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Beaware of nobroker.. if you don’t have rent agreement.. they will refund your money with 2% charge+ 1% which you paid.. means if you have paid 50000+500(charge) and they ask for rent agreement for 50k.. and you dont have that.. then they will refund 4900

Deal Cadet Deal Cadet
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Please also mention that they need rent agreement above Rs. 49999 rent payment and below that they don.t required agreement.

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