I think this may be all Canada as am in BC and have received the email. Yoo may wish to amend post headingIshfaqueR4678 wrote: ↑ You can pay your rent with credit cards in QC now. Free for RBC credit cardholders. Charges apply for others.
I think people renting a home for more than $66k a year is a relatively rare occurrence (e.i. less than 0.1% of Canadian rental homes). Hitting the maximum would be 990 WSD a year reward on the RBC WS WE MC, which would be an awesome bonus. It would be enough WSD for four round trip flights anywhere in Canada.
Many 2-4BR condos or houses (2000 sqft+) are charging 6-10k/m in the 'better parts' of Vancouver area, more if any mountain or water view, despite the empty homes tax + BC speculation vacancy tax discouraging empty homes. After all, the housing of those condos/houses are around 3-4M+, and the landlords need to make a return on their mortgages, and sometimes second / third private mortgages / loan sharks.jtfrogger wrote: ↑ I think people renting a home for more than $66k a year is a relatively rare occurrence (e.i. less than 0.1% of Canadian rental homes). Hitting the maximum would be 990 WSD a year reward on the RBC WS WE MC, which would be an awesome bonus. It would be enough WSD for four round trip flights anywhere in Canada.
If our family was paying that much for rent, I'd be looking to maximize that. Maybe split the rent in two, and have two adults pay through their own account. I don't know if getdigs allows that, but it would be one way to double your limit. And if that doesn't work, I'd look to make a deal with the landlord to pay the max through getdigs and another method for the rest.
I personally can't think of any. You have listed the pros and cons nicely.Kingouille wrote: ↑ There is a couple of pros and cons with this
Pros:
- you can set up a recurring payment - nice
- you get cashback or whatever on your card faster since that huge rent amount gets charged on your card
Cons:
- you get the amount placed on your card on the 25th
- they get to use your money for 5 days (imagine that pile of cash that they will be investing from the 25th to the 30st...sick)
- Landlord might get confused
any other thoughts before I enroll?
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