The Best Credit Card for Rent in India is Here
- Knewspaper
- Sep 8
- 4 min read
Paying rent every month is a major expense for millions of Indians, and traditionally, rent payments through credit cards either come with high transaction fees or offer little to no rewards. But that scenario is changing dramatically with the arrival of the Grid Card (Best Credit Card for Rent), India's premier FD-backed RuPay credit card specifically designed to make rent payments rewarding and affordable.
If the goal is to find the best credit card for rent in India in 2025, the Grid Card stands out as a smart, secure, and rewarding option. This innovative product lets tenants earn hefty cashback in the form of Grid Coins on rent payments with no transaction fees or hidden charges. Moreover, the Grid Card eliminates conventional credit card barriers with no credit score checks and an easy fixed deposit-based approval system. This article unpacks why the Grid Card is the best choice for rent payments and daily spends while comparing it with other popular credit cards available in India today.
What is the Grid Card?
The Grid Card is a unique credit card issued in partnership with RuPay, backed by a fixed deposit (FD) with Grid, a trusted fintech brand focused on tenant financial products. Unlike traditional cards that rely heavily on credit scores and lengthy approval processes, the Grid Card requires you to create an FD first. This FD acts as a security deposit for your credit limit, providing peace of mind for both you and the issuer.
Key Features of the Grid Card:
10% Grid Coins Cashback on Rent Payments: Tenants earn rewards equivalent to 10% cashback every month when paying rent through the Grid Card, a standout benefit unmatched by most Indian credit cards.
Zero Rent Transaction Fees: Not only do you earn rewards, but you also save money by avoiding the 1-3% transaction fees that mainstream credit cards typically charge on rent payments.
Lifetime Free Credit Card: The Grid Card charges no joining fees and no annual maintenance fees, making it cost-effective to hold and use long term.
Simple Approval Without Credit Checks: No CIBIL or credit history is required for approval—just create a qualifying FD to unlock your card instantly.
High FD Interest: Earn up to 24% return on your fixed deposit while enjoying credit card usability, combining savings growth with spending flexibility.
Versatile Rewards Redemption: Redeem Grid Coins for flights, hotels, dining, popular online platforms like Swiggy, Blinkit, Flipkart, and more.
Daily Use Cashback: Beyond rent, get cashback-like rewards on shopping, travel, and dining transactions, turning everyday expenses into value.
These features make the Grid Card a revolutionary financial product for renters and first-time credit card users looking to maximize benefits with minimal hassle.
How Does the Grid Card Compare to Other Credit Cards for Rent Payments?
Many popular credit cards in India restrict rent rewards or impose significant surcharges:
Standard Chartered Smart Credit Card offers rewards but charges a 1%+ GST fee on rent payments, reducing net benefit.
Club Vistara SBI Card and Marriott Bonvoy HDFC provide milestone-based rewards but no direct cashback on rent and carry annual fees.
Cards from major banks like HDFC, Axis, and ICICI often require excellent credit scores and income proof, making access difficult for many tenants.
Most credit cards provide limited or no rent payment rewards and mainly focus on travel or shopping categories.
Credit Card Name | Rent Reward Rate | Rent Transaction Fee | Annual Fee (₹) | Approval Requirements | Lifetime Free |
Grid Card | 10% Grid Coins (Cashback) | 0 | 0 | FD-backed, no CIBIL check | Yes |
Standard Chartered Smart | Up to 2%-3.3% | 1% + GST | 5,000+ GST | Good CIBIL, income criteria | No |
Club Vistara SBI Card | Milestone-based rewards | Up to 1.5% | 3,000+ GST | Credit score and income | No |
Marriott Bonvoy HDFC | Milestone-based rewards | 1% + GST | 3,000+ GST | Credit history | No |
The Grid Card’s ability to offer 10% cashback on rent without any fees or credit checks is unparalleled in the Indian credit card market, especially for daily wage earners, young professionals, startup employees, and first-time users.
Why Rent Payments Through Credit Cards Matter
Rent constitutes one of the largest monthly expenses for Indians, especially in metro cities. Credit cards can offer benefits like rewards, cashback, or flexible payments. However, a significant deterrent is the additional surcharge that landlords or payment portals pass on to tenants during rent payment.
The Grid Card removes this barrier by eliminating all surcharge fees, enabling residents to pay rent via credit card effortlessly and profitably. It also supports all RuPay-enabled merchants and UPI payments, making it flexible for various rent collection platforms.
How to Get the Grid Card in 3 Simple Steps
The Grid Card application and activation process is designed for ease and speed:
Create a Fixed Deposit (FD): Open a fixed deposit with Grid as per the minimum deposit requirement (varies by tier).
Apply Instantly: With no credit checks and minimal paperwork, the card is approved quickly based on the FD.
Start Earning Rewards: Once you receive your RuPay Grid Card, pay monthly rent and get 10% Grid Coins plus cashback on other spends.
This frictionless process positions Grid Card as a highly accessible credit card for a wide demographic.
Additional Benefits Beyond Rent
The Grid Card isn’t just a rent credit card — it’s a complete credit solution:
Lifetime Free Card: Say goodbye to annual fees or joining charges.
Use Everywhere: Accepted on RuPay networks, UPI apps, and major online/offline merchants.
Redeem Rewards Easily: Flexible redemption options extend high value across travel, dining, and shopping.
Earn on Daily Spending: Rewards aren’t limited to rent — earn coins on groceries, fuel, utilities, and entertainment.
FD-Backed Security: Earn attractive interest on your FD, making your money work harder while you enjoy a credit line.
Conclusion: Grid Card is the Future of Rent Payments in India
The Grid Card uniquely addresses long-standing pain points in the rent payment landscape — from high fees to lack of rewards and credit access challenges. By blending FD-backed security with generous cashback and simple approval criteria, it empowers tenants to gain financially from an otherwise costly monthly expense.
For renters in India seeking the best credit card to pay rent in 2025, the Grid Card delivers unbeatable value, sufficiency, and convenience. Its pioneering benefits promise to redefine the way rent is paid in India, making it the smartest rent credit card available.
Start paying rent with the Grid Card today — earn rewards, save money, and enjoy credit card benefits without the usual costs or credit barriers.
