FAQ > Online Rent Payments

Can tenants pay online rent via Credit Card?

Yes, tenants can pay rent online using a credit card, but it depends on the landlord’s or property management company’s policies and the payment platforms they use. Our platform allows tenants to pay using a credit card, debit card, or the tenants checking account.

However, paying rent with a credit card has its pros and cons. The biggest advantage is convenience, especially if a tenant needs more time to gather the funds or wants to earn rewards points. Credit card payments also provide a documented transaction history. Another benefit could be using your card to build your credit. If you’re in your 20’s and just starting out, this can help you build up your score.

On the downside, credit card transactions for rent payments often come with processing fees, SimplifyEm.com charges tenants a 3.5% transaction fee, and this can add up depending on the rent amount. For example, if your rent is $1,500, the processing fee at 3.5% would add $52.50, making the total payment $1,552.50. Some tenants may also risk accumulating debt if they don’t pay off their credit card balance quickly, especially if they’re paying high-interest rates.

Before paying rent with a credit card, tenants should check if their landlord allows it, whether fees apply, and consider the long-term financial implications.