this post was submitted on 11 Feb 2026
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People using CC to pay rent isn't reassuring, it's more alarming. Paying for housing on short-term, high-interest credit is financial insanity and implies profound dysfunction if not desperation.
Well if you don’t pay they can evict you very fast. So if you need the money yesterday you have to accept 12%pa
12%? Chances are if you have to pay rent with your CC, your creditscore is around 400 and you pay more like 25-40% p.a.
Hence the implied desperation
I think the intention was to get the points. But, I'm sure some are not as diligent as they should be.
You get charged a 3% transaction fee for using a credit card, which more than wipes out the value of any points you might earn.
Tap for spoiler
(Excluding the Bilt card, which used to let you earn 1% on rent and they processed it like an ACH/bank debit, so no credit card fee. But they recently restructured their rewards and it’s not nearly as easy to profit now.)Not every card gets charged a 3% mine for example doesn't. I get 3% back on rent, housing and insurance on my card. There's no fees involved. So it's just a flat 3% discount.
Pay rent with card in the first, pay it off on the second when it posts.
Well, don't leave us hanging, which card is that?
X1 used to give 3 points and my buddy's rental house charged a 2 and change percent fee. He could only get full point values certain places so he'd save up all the points and that was his Christmas fund. He'd bank $600/yr ( about $500 real dollars from paying the transaction fee plus the extra hundred-ish bucks in points he'd get for free). They recently went to a 1.5 point model but kept the restrictions on where you could spend to get the full point value. Guess what card of his never gets used now.
I was thinking about that Bilt card.
You mean to say a very quick and hard market crash, like we haven't seen in a century or so.