How to Pay Rent or Education Fees Using a Credit Card

What if I say you can turn your monthly rent and education payment into reward points and cashback? EaseMyDeal, where you can pay with a 1% fee, lowest in the industry, and can make your 10K transfer free for new user till a limited period.
Whether it’s paying your tuition fee or pay rent using credit card, is pretty flexible and convenient. Say bye to those days when we need to pay with a cheque and cash, why not use a more flexible option, pay in minutes and easy. 
Wants to know how? Use a coupon EMDFREE at the EaseMyDeal coupon code section for making first transaction free. 

Step-by-Step Credit Card to Bank Transfer Process

• Download the EaseMyDealApp
• Then go to the home screen and tap on ‘pay via credit card’
• Do the KYC and enter the bank details
• Enter the beneficiary and account details
• Then choose from education or rent fee
• Enter the amount you want to transfer, 
• Apply promo code EMDFREE for cashback
• Then tap to proceed, enter the OTP on your mobile number for authentication
• The fund will be transferred as per your choice of service: quick, slow or lazy.

What are the benefits of an Instant credit card over a bank transfer?

Instant credit card is much more useful as it makes faster transitions as compared to banks. You can only do a bank transfer when you have sufficient funds and larger transactions, but an instant credit card allows a credit within minutes of approval. You can convert large payments into EMI’s and if you do timely payments, it increases your credit card score. Also offering 45–50 days of interest-free credit.

EaseMyDeal offers 3 transfer modes such as:

1. Slow transfer - 48 hours will take a 1% fee
2. Lazy transfer - 24 hours will take a 1.2% fee
3. Quick transfer - 3 hours will take a 1.5% fee

It allows you to transfer the money at your convenience, and the platform's fee depends on mode you select. You can also get cashback by using the coupon code while paying for the education or rent fee.

 

 

How do credit cards help in money saving?

Many of you are thinking Why do we need a credit card? You can earn rewards, cashback, and credit score improvement. And converting a large fee into the EMI is a game-changer that saves you from financial strain. Being a student, paying tuition fees and rent can be pretty difficult, and not being able to save money is extra stress. Opting for a credit card says bye to late payments, do transactions in minutes, earn rewards with safe and confidential transactions, and receive an instant confirmation of making the payment. 

Conclusion

Why do you want to pay more when you can pay smartly? Whether it is a rent or education fees, use your credit card to transfer funds directly to your landlord or school’s bank account. it is more than just a card, it offers a reward, convenience, flexibility, and financial ease. You can increase your credit score every time you pay. So, when the next rent payment notification comes, just Swipe it, Split it, Save more.
It is not just a transaction–it’s an upgrade to your payment and a boost to your savings.
For more information about the credit card, you can check our latest blog post. "Best Credit Card For Small Business Owners".

FAQ’s : Pay Rent or Education Fees Using Credit Card

What is the credit card to bank account transfer?
It is the way so you can transfer money from your credit card to other people’s accounts by using a third-party app.

How can I pay my rent with credit card?
You can pay it through apps like EaseMyDeal, Paytm, and other apps as well.

will it affect my CIBIL score?
No, it will not affect your Cibil score at all.

Is there a limit on how much rent I can pay using my credit card?
The limit of your credit card is the available balance on your credit card.

How do I ensure my transaction is secure?
Use verified apps and authenticate payments with OTPs and PINs.

Will I be charged interest immediately after making a credit card payment?
No, you will get an interest-free period of 40-50 days.

Are there any charges for paying rent via a credit card?
Yes, there is a charge of around 1% only at EaseMyDeal.

What are the benefits of using a credit card for tuition fees?
You can pay your tuition fee at lowest rate. With timely payments can also increase your credit score.

What is the quick, lazy, and slow transfer?

• Quick transfer is that you can pay your rent in 3 hours, but it will charge a 1.5% fee.
• Lazy transfer is that it will take one business day for the transfer and gonna charge a 1.2% fee.
• Slow transfer will take two business days for the amount to transfer, and gonna charge a 1% fee lowest in the industry.

How do I check the rewards and cashback I’ve earned for paying rent with my credit card?
Log in to your credit card app account, check for cashback and rewards section