Pay your rent online, earn miles!
 

For those who are eager to earn points/miles on paying your rent, here is the latest... For $29.95 a year, you can use your credit card to pay rent online via www.williampaid.com

Enjoy!

What's the catch?
 

So what prevents you from paying $5K/Month to your SO/brother/roommate for "rent" and get those points for $29?

Interesting. I wonder what verification if any is required of your "rental" arrangement - ie can I rent something from my friend/spouse/LLC for $10K per month and charge it?

Oops, looks like theguyver beat me to that comment...

On the flip side I have to wonder if "williampaid" is planning to abscond with your credit card info or simply your money (although the latter would be easy enough to resolve via chargeback). Unless I am missing something (do they charge you way in advance and make money on the float? are they charging your card as a cash advance?) or they have a killer deal on credit card processing, it seems like a total loser of a business model.

The fee for using a CC/DC is 2.45%

http://img839.imageshack.us/img839/2787/23408472.jpg

So $29 is just to sign up for the service? LAME

I guess that is the "something" I was missing.

aye, too good to be true. After the free sign-up you get the following message:

FlexPay - If you use a credit/debit card or multiple accounts, a 2.45% fee will be applied.

+1 on questions and Does your rental landlord have to participate in the program in order to be able to take advantage of this?

As I haven't used WilliamPaid, I can't comment on the reliability of service. I'm sure that it will come in handy for some FTers, if only a few.

Sounds just like a scam to me, or at least a terrible deal. I'd rather just use my checking account.

Helpful
 

i don't seeit the same way. its $29 a year to have rent paid and reported to my credit if i use a check, $1.75/mo w/out credit reporting. my landlord doesn't take credit cards, so i like that i can. they're not the landlord so, they charge a fee for cc if u need to use one. i think its much lower than others... westernUnion charges me $8 to send $50. may not be for everyone, but seems like a helpful service.

i googled and found a link that offered $25 restaurant.com gift cert for purchase of a year of rent pay.

not as cheap as
 

why not buy coins from the mint and go to walmart and get a cheap money order to pay your rent or mortgage...total cost is around $1 and the time it takes to turn coins into Money order. Might even float you a couple of weeks depending on when your cc statement is due.

This sounds so much like a shill post (albeit a bad one). First post?

Your credit card reports to the credit bureau regardless of whether you pay your rent with it or not. I don't see why you need to pay extra for anything extra. Who uses western union to pay their rent?

You also agree that some credit card issuers may treat certain charges as cash advances pursuant to a credit card issuer’s terms of use. You agree that you will be responsible for any charges or fees resulting therefrom. You are responsible for assuring compliance with any agreements, terms or conditions applicable to your credit card, debit

That could kill the entire miles thing :p

very true....i would stay away from this....