Best Credit Cards to Pay Rent

Do you look for the best credit cards to pay rent to get best rewards? Paying rent by credit card has been one of the quickest ways to reach spend waivers and earn rewards. Unfortunately due to misuse, many banks have capped rewards on rent payment transactions. But, there are still many cards that offer good rewards on rent payment transactions.

Below are the cards that offer the best rewards

Standard Chartered Ultimate Credit Card

The Standard Chartered Ultimate is a great option to get 2% rewards on rent payments. For the Ultimate card, we get 1 RP = Rs 1 for GV redemption. The Ultimate credit card does not have any cap on the reward points.

Rewards on rent payment: 2%
Cap on rent payment rewards: None
Processing fee on rent payments: 1%+GST

Axis Bank Magnus Credit Card

The Axis Bank Magnus credit card has a base reward 4.8% for airmiles. It does not make sense to use Magnus for rent payment. But, this is still an option for paying rent to earn airmiles.

Rewards on rent payment: 1.2% (voucher redemption) to 4.8% (points transfer)
Cap on rent payment rewards: Only for rent payments up to Rs 50000 per month
Processing fee on rent payments: 1%+GST

Club Vistara SBI Card Prime

Pay rent on the card and hit the milestone, and you get the complimentary ticket.

Rewards on rent payment: 4 CV points/Rs 200
Cap on rent payment rewards: None
Processing fee on rent payments: Rs 199 plus GST

Axis Bank Reserve Credit Card

Do not get the Reserve credit card to make rent payments but this is a good option if you already have it.

Rewards on rent payment: 1.5% (voucher redemption) to 6%(points transfer)
Cap on rent payment rewards: Only for rent payments up to Rs 1 Lakh per month
Processing fee on rent payments: 1%+GST

Standard Chartered Smart Credit Card

Almost all cashback credit cards have now stopped cashback for rent payment. But, the SC Smart credit card still gives us 2% cashback for rent payments.