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Convenience Fees for Rent Payments

convenience fee for card, convenience fee for rent, who pays the convenience fee

Written by Riz

When tenants make payments through RentRedi, a convenience fee is charged based on the payment method they select.

By default, convenience fees are charged to the tenant:

  • $1.00 for ACH or bank account payments (recommended)

  • 3.1% + $0.30 per transaction for credit and debit card payments

Note: Debit cards are considered a credit card and charged the same rate

What Tenants See

Before submitting a payment, tenants can see the convenience fee for their selected payment method so they know the total amount they’ll be charged.

The Pay button shows the total amount, including the convenience fee.

Accept ACH-Only Payments

Landlords can disable card payments and accept ACH-only payments from tenants.

What Tenants will see (ACH-Only)

Cover Convenience Fees for Your Tenants

Landlords can choose to cover the convenience fees from the Settings page. You can cover the $1 ACH convenience fee, the 3.1% + $0.30 card convenience fee, or both. See How to Pay the Fee for Your Tenants.

Note: When you choose to cover the convenience fee, the fee is deducted from the tenant's payment. For example, if a tenant pays $100 using their bank account, the $1 ACH convenience fee is deducted from the payment. You’ll receive $99 for that payment.


Need Help? 💬

Contact us! RentRedi Chat Support is available 24/7. You can reach us through the chat bubble in the bottom right corner of the RentRedi dashboard.

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