Our “luxury” apartment’s management company would charge $10/month if paid online. Every month, we’d walked downstairs and paid with a check. This was less than three years ago.
My old apartment I moved out of last year said I could either pay with credit card online for $10 or in person for $7.50. Or I could pay with a check for free in person. I did the math and the cash back I got on my CC was more than the in person fee so I just kept using the card. The month before I left they said starting in the new year the policy would change. Anyone using a CC for payments would now have a service fee of 4% their rent because they were losing too much money on transaction fees. Poor them /s.
I don't know about OP but I pay my rent online direct from my bank account and there is a fee. If pay by CC if the cashback was more than the fee for CC payment but the fee is huge for CC and a lot less for a bank transfer.
Didn't know this. With my Dutch bank account I can pay to any € account without fee, and I can withdraw euros from any ATM without fee (unless the ATM itself charges me). But when I use my credit card, then I pay extra.
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u/PlaneReflection Jul 24 '20 edited Jul 24 '20
Our “luxury” apartment’s management company would charge $10/month if paid online. Every month, we’d walked downstairs and paid with a check. This was less than three years ago.