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Ribbon Rewards for Rent Payments

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Comments

  • FreeBear
    FreeBear Posts: 18,869 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic

    Use a cashback credit card to pay your rent ?

    Credit cards are great as long as you pay the balance off in full each month. If you struggle with repaying in full each month, then a credit card is not for you.

    Any language construct that forces such insanity in this case should be abandoned without regrets. –
    Erik Aronesty, 2014

    Treasure the moments that you have. Savour them for as long as you can for they will never come back again.
  • horsewithnoname
    horsewithnoname Posts: 1,142 Forumite
    1,000 Posts Fourth Anniversary Name Dropper
    https://forums.moneysavingexpert.com/discussion/comment/82111846#Comment_82111846

    really people who work for them. Probably the OP?

  • saajan_12
    saajan_12 Posts: 5,909 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    https://forums.moneysavingexpert.com/discussion/6669770/ribbon-rewards-for-rent-payments

    Well depending on the scale of cashback vs the rent amounts, there might still be ways they make money (eg the vouchers may cost them £0 because you're now encouraged to buy from whatever company the voucher is for, advertising to tenant & landlord, fees if you don't meet the normal schedule, etc).

    However the RISK is far higher than other cashback scenarios:

    a) here you're actually paying the cashback provider, whereas with Quidco you're only ever paying direct to the original seller.

    b) The amounts are higher, if something went wrong you presumably don't have another rent payment in your pocket while it gets sorted out.

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