Paying rent with a credit card - is this a big red flag?

Tom161992

Hi All,
I pay my rent monthly via a portal with the estate agent, which allows me to pay by card without any fees (credit or debit). 
It's just occurred to me that maybe I should be paying this via a credit card to get rewards as it's over £1,000 pcm. 
Would there be any repercussions for this? In particular, negative impact on credit score etc. 
Thanks

bradders1983

The items you buy on your credit card have no impact whatsoever on your credit score. 

Lenders report the balance and the payment history and any defaults. Not what you are buying.

Kauto5

This is good to know. I've sometimes paid my rent through a company called allpay.com and noticed that they also handle payments for things like magistrates court fines, arrears and suchlike. I was worried this would look bad as a payment on my credit or debit card. 

Malkytheheed

Allpay charge you handsomely to be able to use a credit card as a debit card. As this far outweighs and potential benefits of using a credit card I think you should be honest with yourself about your position. You should not be paying rent on credit. If you don't have enough money for rent then post an SOA in the deft free wannabe board. 

bradders1983

Malkytheheed said:

Allpay charge you handsomely to be able to use a credit card as a debit card. As this far outweighs and potential benefits of using a credit card I think you should be honest with yourself about your position. You should not be paying rent on credit. If you don't have enough money for rent then post an SOA in the deft free wannabe board. 

Have you read the opening post properly? Its quite clear why he is considering using a credit card and one assumes he would pay it off straight afterwards. I would do the same tbh.

Malkytheheed

bradders1983 said:

Malkytheheed said:

Allpay charge you handsomely to be able to use a credit card as a debit card. As this far outweighs and potential benefits of using a credit card I think you should be honest with yourself about your position. You should not be paying rent on credit. If you don't have enough money for rent then post an SOA in the deft free wannabe board. 

Have you read the opening post properly? Its quite clear why he is considering using a credit card and one assumes he would pay it off straight afterwards. I would do the same tbh.

Yes I did read it. Then I read about the OP using allpay in the past and I am quite capable of putting 2 and 2 together. I've been reading this forum long enough to spot things. 

bradders1983

I didnt trawl through their history before replying, like most people clearly do 🙄

Polarpenguin

Malkytheheed said:

bradders1983 said:

Malkytheheed said:

Allpay charge you handsomely to be able to use a credit card as a debit card. As this far outweighs and potential benefits of using a credit card I think you should be honest with yourself about your position. You should not be paying rent on credit. If you don't have enough money for rent then post an SOA in the deft free wannabe board. 

Have you read the opening post properly? Its quite clear why he is considering using a credit card and one assumes he would pay it off straight afterwards. I would do the same tbh.

Yes I did read it. Then I read about the OP using allpay in the past and I am quite capable of putting 2 and 2 together. I've been reading this forum long enough to spot things. 

Kauto5 who mentions using allpay is not the OP. 

planteria

Agree with the above. No problem at all paying rent with a credit card. I pay weekly, and clear my Barclaycard Cashback in full each month by direct debit. 

hermante

The only way it could possibly affect your credit history is if you used your credit card to withdraw cash and pay rent that way.
However in the medium term future, some of these payment portals may be recoded as "cash-like" transactions and these may start to be reported on credit reports, and you may get charged interest or even cash advance fees by some credit cards. If they don't currently charge any cash advance fees or interest then it would be safe to say there is no effect on credit reports at the moment.