Flex rent payment services are offered for a monthly membership fee of $14.99, which includes access to a Flex Rent line of credit from Lead Bank or Column N.A., Member FDIC
In addition to the membership, all payments made through Flex include a 1% bill payment fee. This fee helps us continuously improve our product and services. Card processing fees may also apply, depending on your chosen payment method:
- When you use a debit card, a 1% fee will be applied for bill payment, with no additional fee for card processing.
- When you use a credit card, a total 3.5% fee will be applied, which covers both the bill payment and card processing.
Learn more about how bill payment and card processing fees are calculated.
Let's break down an example using a $1500 rent payment:
Payment method |
Fee description |
Payment |
With $600 Flex Rent line of credit |
|---|---|---|---|
| Debit card | 1% bill payment fee only (no card processing fee) | 1st payment | $909.00 |
| 2nd payment | $606.00 | ||
| Membership fee | $14.99 | ||
| Credit card | 3.5% in total fees; (1% bill payment + 2.5% card processing fee) | 1st payment | $931.50 |
| 2nd payment | $621.00 | ||
| Membership fee | $14.99 |
Flex Rent credit line amounts vary per user based on eligibility. Graphic is illustrative only.
*Some users may be subject to an additional $3 property passthrough fee for each month they use Flex Rent, depending on their property.
**Pricing and fees may vary. If you have questions about your Flex Rent pricing, feel free to contact us.