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Update: On August 24, 2016, RadPad ended its promotion for free rent payments via Android Pay on the RadPad app. There is now a 2.99% fee for rent payments with a credit card.
Via Reddit, RadPad now charges ~$5 per month to use a debit card to pay your rent. That’s unfortunate, because paying with a debit card used to be free!
But most folks can still come out ahead if you use the PayPal Business Debit Card, because you’ll get 1% back in your PayPal account.
I’ll explain what this new fee means for you. And mention other ways to save money and earn miles & points for paying rent!
What’s the Deal?
Using a debit card to pay your rent with RadPad used to be free. But now they’re charging ~$5 per month to use a debit card!
After RadPad’s ~$5 monthly fee, you’ll still earn ~$5 every time you pay rent ($10 back – ~$5 fee).
It’s not a lot, but it all adds up! Especially if you pay a lot in rent.
More Ways to Pay
RadPad also added a new way to pay rent directly from your bank account. And it’s free! But you won’t earn points, miles, or cash back for your payments. 🙁
Or consider using Plastiq, another way to pay rent, loans, utilities, & more with a credit card.
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