Flex rent payment services are offered for a monthly membership fee of $14.99, which gives residents access to a Flex line of credit from Lead Bank at 0% APR.
All payments made through Flex also include a bill payment fee, which enables us to continuously improve our product and service.
- When using a debit card, a 1% fee will be applied for bill payment with no additional fee for card processing.
- When using a credit card, a total 3.5% fee will be applied for bill payment and card processing. Learn more about how bill and card processing fees are calculated by accessing the linked article.
Let's break down an example using a $1500 rent payment:
| Payment Method | Fee Description | Payment |
With $600 Flex Line of Credit |
| Debit Card | Includes bill payment fee and no card processing fee; total 1% fee. | 1st payment | $909.00 |
| 2nd payment | $606.00 | ||
| Membership fee | $14.99 | ||
| Credit Card | Includes bill payment fee and card processing fee; total 3.5% fee. | 1st payment | $931.50 |
| 2nd payment | $621.00 | ||
| Membership fee | $14.99 |
Flex credit line amounts vary per user based on eligibility. Graphic is illustrative only.