When trying to pay rent via the RentRedi tenant app, if you are unable to find locate your bank within the Plaid system, you will see an option to allow you to connect your bank account using micro-deposits.
Plaid will send 2 micro-deposits ($.99 or less) into the account you confirmed in the next few days. Then, Plaid will *withdraw* what they deposited. To avoid bank fees, make sure you have at least $2.00 in your bank account.
(Note: You do NOT need to download the Plaid app. You will just need to update your payment method & verify using the Plaid integration within the RentRedi tenant app.)
Watch the video below to see how it's done!
Or, follow the instructions below!
Open your RentRedi tenant app
Tap the charge to pay
Select "New bank account"
Tap "Link with Account numbers"
Input the bank account number you'd like to connect
Authorize the micro-deposits ($.99 or less for each deposit - ensure you have at least $2.00 in your bank account for the subsequent withdrawal)
Plaid will make 2 micro-deposits within 2 days.
When this happens, return to the RentRedi app and verify the amounts deposited
Done! Your bank account will be verified! 🎉
DO NOT GUESS AMOUNTS: Please wait until the deposits show up in your bank account and then verify. Do not attempt to guess the amounts or you will be unable to verify your account.
SAVE YOUR PAYMENT METHOD: Be sure to save this payment method after verification so you do not have to verify the amount again.