Paying rent has become easier and more rewarding with digital payment platforms like MobiKwik. If you’re someone who prefers using a credit card to manage monthly expenses or wants to earn cashback and reward points, MobiKwik offers a seamless way to transfer rent using your credit card.
In this guide, we’ll explain how to pay rent via credit card on MobiKwik, the steps involved, and the benefits of using this method.
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Why Use a Credit Card to Pay Rent?
Before diving into the process, let’s quickly look at why paying rent with a credit card can be a smart move:
- Earn rewards or cashback from your credit card issuer.
- Manage cash flow by getting an interest-free credit period (usually up to 50 days).
- Build credit history if you repay your dues on time.
- Avoid late payments by scheduling your rent on time, every month.
Benefits of Paying Rent via MobiKwik
MobiKwik is one of the few platforms in India that allows rent payment via credit card. Here’s why it stands out:
- Simple and quick rent payment process.
- Exclusive cashback offers (up to ₹250 or more).
- Multiple payment options (credit/debit card, UPI, wallet).
- Rent reminders and notifications.
- Helps track rent payment history easily.
How to Pay Rent Using a Credit Card on MobiKwik
Follow these steps to transfer rent through MobiKwik using your credit card:
Step 1: Download and Open MobiKwik App
Install the MobiKwik app from the Google Play Store or Apple App Store. Open the app and log in or sign up using your mobile number.
Step 2: Select the ‘Pay Rent’ Option
From the homepage, tap on ‘Pay Rent’. If you don’t see it right away, use the search bar to find the option.
Step 3: Enter Landlord’s Details
You will need to enter your landlord’s bank account number & IFSC code, or you can simply pay via their UPI ID.
Tip: You may also be required to provide the landlord’s PAN card number for KYC compliance.
Step 4: Enter the Rent Amount
Type the exact amount of rent you want to pay. Make sure to check any available offers or promo codes before proceeding.
Step 5: Choose Credit Card as Payment Mode
Select ‘Credit Card’ as your preferred mode of payment. Enter your card details and proceed securely.
Step 6: Confirm and Complete Payment
Review the payment details and tap on ‘Pay Now’. Once done, you’ll receive a confirmation message.
Things to Keep in Mind
- A small processing fee (1.5–2.5%) may apply for credit card transactions.
- The minimum rent amount to use this service is usually ₹5,000.
- Make sure to repay your credit card bill on time to avoid interest charges.
- Always verify the landlord’s bank or UPI details to avoid payment errors.
MobiKwik frequently runs cashback or SuperCash offers on rent payments via credit cards. Keep an eye on the “Offers” section before making a transaction—you might end up saving a few hundred rupees each month!
Final Thoughts
Using MobiKwik to transfer rent using a credit card is a convenient and rewarding option. It helps you manage your cash flow, earn rewards, and pay your rent on time—all through a user-friendly app.
If you’re someone looking for flexibility in monthly expenses or trying to build your credit score, this method is worth considering. Just be sure to repay your dues before the due date to avoid interest or penalties.