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pay rent with credit card
  • April 14, 2022
  • All, Make Payment

How to Pay Rent with a Credit Card

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Many of you may have wondered whether it’s possible to pay rent with a credit card. As someone who rents a place myself, I understand rent payment is not cheap. Be it renting a room, a house, or even an office lot, the monthly rent payment took a big chunk of our cash income. When going through a cash flow issue, we either have to reap our cash savings or ought to take out a cash advance on our credit card.

But that’s all in the past. Through jomSETTLE make payment, you can now pay rent with credit card. This way, you can reserve your cash in hand longer and enjoy the benefits that come along with your credit card.

Pay Rent with Credit Card

The process to pay your rent with credit card through jomSETTLE is simple and the account registration is free. You can pay your rent with any of your Visa or Mastercard, from any local issuer. Once your payment is made, we will make a bank transfer to your landlord’s bank account.

If you are looking to make a payment for your mortgage through credit card, you can check our blog here.

Benefits of Paying Rent with Credit Cards

More Flexibility in Managing Cash Flow

The thing about paying your rent with a credit card is that it gives you the flexibility to manage your cash flow better. You can keep the cash in your hand for up to 45 days (depending on your credit card bank statement) while paying your rent on time. This means that if an emergency occurred, you will have more cash in hand to work around it.

Enjoy the Credit Card Reward Points

Rent is one of the biggest monthly expenses we spent on. So, when you pay rent with credit card, you are basically turning one of your biggest monthly expenses into a substantial amount of reward points or air miles. After a year of doing so, you will be surprised at what you can get with the points accumulated. You can read more about reward points here.

Alternative to Cash Advance

Have you ever missed a payment or worst, had to go for a cash advance in order to make your rent payment? When you pay through jomSETTLE, you can avoid the high-interest rate charged on cash advance and still maintain a good credit card score. Both ways let you pay your rent with credit card but jomSETTLE charges a lower rate without impacting your credit score.

How to Pay Rent with a Credit Card through jomSETTLE?

Here are the steps on how to pay rent with a credit card through jomSETTLE:

  1. Sign up for your jomSETTLE™ account here or log in.
  2. Complete a one-time eKYC process.
  3. Once approved, choose rent payment type under make payment.
  4. You will need to include documents such as your tenancy agreement or the monthly rent payment slip.
  5. Choose your preferred credit card and pay. All local credit cards are accepted.
  6. We will make a bank transfer to the recipient within 3 working days.

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Get updates on our latest articles

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October 14, 2022
  • April 14, 2022
  • All, Make Payment

How to Pay Rent with a Credit Card

Many of you may have wondered whether it’s possible to pay rent with a credit card. As someone who rents a place myself, I understand rent payment is not cheap. Be it renting a room, a house, or even an office lot, the monthly rent payment took a big chunk of our cash income. When going through a cash flow issue, we either have to reap our cash savings or ought to take out a cash advance on our credit card.

But that’s all in the past. Through jomSETTLE make payment, you can now pay rent with credit card. This way, you can reserve your cash in hand longer and enjoy the benefits that come along with your credit card.

Pay Rent with Credit Card

The process to pay your rent with credit card through jomSETTLE is simple and the account registration is free. You can pay your rent with any of your Visa or Mastercard, from any local issuer. Once your payment is made, we will make a bank transfer to your landlord’s bank account.

If you are looking to make a payment for your mortgage through credit card, you can check our blog here.

Benefits of Paying Rent with Credit Cards

More Flexibility in Managing Cash Flow

The thing about paying your rent with a credit card is that it gives you the flexibility to manage your cash flow better. You can keep the cash in your hand for up to 45 days (depending on your credit card bank statement) while paying your rent on time. This means that if an emergency occurred, you will have more cash in hand to work around it.

Enjoy the Credit Card Reward Points

Rent is one of the biggest monthly expenses we spent on. So, when you pay rent with credit card, you are basically turning one of your biggest monthly expenses into a substantial amount of reward points or air miles. After a year of doing so, you will be surprised at what you can get with the points accumulated. You can read more about reward points here.

Alternative to Cash Advance

Have you ever missed a payment or worst, had to go for a cash advance in order to make your rent payment? When you pay through jomSETTLE, you can avoid the high-interest rate charged on cash advance and still maintain a good credit card score. Both ways let you pay your rent with credit card but jomSETTLE charges a lower rate without impacting your credit score.

How to Pay Rent with a Credit Card through jomSETTLE?

Here are the steps on how to pay rent with a credit card through jomSETTLE:

  1. Sign up for your jomSETTLE™ account here or log in.

  2. Complete a one-time eKYC process.

  3. Once approved, choose rent payment type under make payment.

  4. You will need to include documents such as your tenancy agreement or the monthly rent payment slip.

  5. Choose your preferred credit card and pay. All local credit cards are accepted.

  6. We will make a bank transfer to the recipient within 3 working days.

Let's Stay in Touch

Get updates on our latest article.

You May Also Like

2023: The Advantages of Accepting Credit Card Payment as a Business

Read More »
February 3, 2023

2023: Why You Should Start Paying Your Business Expenses with Credit Card

Read More »
January 16, 2023

What is a Credit Score and How Does it Affect You?

Read More »
October 14, 2022

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MAZER FINTECH SDN. BHD. (1332779-U)

A1-13A-2, Arcoris Business Suites, Block A1, No 10, Jalan Kiara, Mont Kiara 50480, Kuala Lumpur, Malaysia.

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