Pay rent by credit card only in an emergency
Any default on your credit card bill payment will only add to the cost substantially and also affect your credit score and the interest rates on credit cards can go up to 30% per annum
House rent is one of the biggest spends that’s non-discretionary in nature. Usually, you pay rent either through post-dated cheques or cash, but what if you could pay it by credit card? While such a big-ticket regular expense on your credit card could help you earn substantial reward points, it could also land you in debt if you are not careful.
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