Doctor of Credit

Thought some of you guys might find this new site helpful. It's called RadPad and let's you pay your rent using a debit / credit card. They have fees:

• Credit card – 2.99%. (Visa, Mastercard, Discover, Amex, Apple Pay.)
• Debit card – No fee anymore

First month is free on the debit card. Somebody on my blog confirmed the PP debit card does earn 1% cash back, I assume the delta card will also earn 1 mile/$1 and code as a debit card.

Doesn't really make much sense to use the credit card option (can already unloaded with google wallet for 3%), but the debit card option makes a lot of sense.

This post contains a link to my personal blog, I've added all the necessary information so you don't need to visit it.

MSerforfun

Can we use multiple prepaid cards to pay say a $2,000 rent payment?

Doctor of Credit

They aren't charging any fees for debit cards now.

windowandaisleseatonly

I wonder if they are going to issue 1099s for "landlords" at the end of the year. that would suck to have $ charged thru there and then have it reported as income

thetobster12345

does anybody have a prepaid visa that they want to try doing this with?

mrmandel

MB VGC from Staples worked.

sedubby

What's stopping anyone from just saying their relative or friend is their "landlord"?

commdiver

I love this FAQ:


Do I get credit card points for paying my rent on RadPad?

Absolutely! And for most renters using airline credit cards, you'll earn enough points every year for a free airline ticket.

Doctor of Credit

They do a verification check, although it's pretty easy to pass. Main concern is being liable for tax. I'm hoping to do an interview with somebody on their team soon, so if anybody has any questions PM me.

Linda368

I tried using Serve card and it worked. It hasn't actually made the payment yet, it scheduled the payment, but it did not deny the card and it did not charge me. EDIT: They sent me an email saying they had to verify details.

gnomontime

What details? Please keep us updated on whether the payment goes through successfully! I would LOVE to be able to use this service via my Serve account.

Justtony

You'll only really know if it works when they pull the money on that date of payment they tell you. I've tried one prepaid before and has been declined (>$5000 rent) probably because of the per transaction limit.

But since serve has a higher per transaction limit it may work.

Linda368

Here is the email:

We are reviewing your payment information.

FEBRUARY 1 $XXXX.00
XXXX (business name)
XXXX (Address)

Hi (Me),

Thanks for setting up your rent payment on RadPad! Our team is working behind the scenes to verify your payment details. If we’re unable to verify your details on our own we may reach out to you to help us complete this process.

It should take us less than 48 hours to approve your payment details to ensure your February 1, 2015 rent payment.

We'll check back with you shortly!
Team RadPad

*******************

I have also received after that a "welcome to Radpad" email. My payment appears to be ready to post on the 28th. Like the previous poster said, I guess I won't know until the end of the month.

msnut1

I'll give it a try. I've been using my Suntrust Delta debit card to buy a MO @ Walmart to pay rent. But if this works, it'll be easier and free (I see they've removed the $4.95 fee for debit card use).

They've verified my account, so we'll see what happens at the end of the month.

Mamibear

For ID verification, did they ask for state ID or lease agreement uploaded to a secure link? If not, how do they verify identity?