Paying Rent by Card Costs About 3% to Earn 2% – The Math Rarely Works

Money Crashers ·
Personal finance

Run the numbers on $2,000 of rent. A 2.9% card fee adds $58 to each payment, while 2% cash back on the rent earns $40, so the card loses you more than $200 a year. That fee is the price... Source

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