Rent Surcharge Calculator
Calculate hidden convenience fees, gateway charges, and GST on credit card rent payments via CRED, Paytm, or NoBroker.
Total Kharcha (Audit)
Rent Surcharge Penalty Active
You are absorbing a ₹738 net loss on processing fees and GST. Restructure your payments through cards where reward yield supersedes transaction costs.
The True Cost of Paying Rent via Credit Card
Paying rent via credit card used to be a lucrative way to hit milestones and earn rewards. Today, it is heavily penalized by both platforms and issuing banks. Before executing a rent transaction, calculate the dual-layered fees against your expected reward yield.
- apps1. The Platform Routing FeeThird-party apps (like Cred, Paytm, Housing.com) charge a convenience fee ranging from 1% to 2% + GST just to process the transaction.
- account_balance2. The Bank Surcharge (MCC 6513)Issuers detect rent payments via MCC 6513 and apply their own surcharge (often a flat ₹199 or 1% fee + GST) directly to your credit card statement.
- block3. Reward & Milestone ExclusionsEven after paying both fees, many banks no longer award base reward points for rent, nor do they count it towards annual fee waiver milestones.
Frequently Asked Questions
Why did my bank charge an extra fee for my rent payment?expand_more
Do rent payments count towards annual fee waiver milestones?expand_more
Which platform is cheapest for paying rent via credit card?expand_more
Are you paying rent via card just for points? You might be losing money.
With a 1% platform fee + 1% bank surcharge + 18% GST, you need a minimum 2.36% net reward yield to break even:
Most banks have quietly excluded rental MCC 6513 from spend-based annual fee waivers.
Time your rent payment 2 days after statement generation to maximize 48-50 days of liquid interest float.
Putting large rent spends on cards with <₹1.5L limit pushes utilization past 30%, suppressing your CIBIL.
Don't fall for '5X Points'. If 1 point = ₹0.20, your 5X reward is just 1% — less than the rent surcharge.