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How Does a Renter Setup Their Account to Pay Rent on TurboTenant?
How Does a Renter Setup Their Account to Pay Rent on TurboTenant?

As a TurboTenant renter, you can easily pay your rent and other charges using your debit/credit card or bank account!

Melissa avatar
Written by Melissa
Updated over a month ago

Pay Rent Online Using TurboTenant

Eliminate the hassle of mailing checks or making in-person payments by paying available charges in your account with your secure, online TurboTenant account!


Getting Set Up

When your landlord requests a payment, you will be notified via email. Click the "Make Payment" button in the email to log in with your TurboTenant account. You will be prompted to create a password if you don’t have a TurboTenant account yet.

Forgot your password? You can reset it here. Want to set up Autopay on your account so you can put your payments on autopilot? Learn about that process here.


Next, you can view and select the charge(s) you want to pay.

When you make your first payment, you will need to add a payment method. You have the option to connect your Debit Card, Credit Card or Bank Account. You can also manually enter your bank account information by clicking the option beneath the most common methods.

Debit Card and Credit Cards process instantly and incur a 3.49% Convenience Fee

Bank Account (ACH), takes 3-5 business days to process, and there is a $2 convenience fee.

The $2 Bank Account Convenience Fee is waived if your landlord is subscribed to our paid plans.


Linking your bank account

You can manually enter your bank details or connect to your online banking. By clicking "ADD BANK", you will be prompted to choose your bank and input your online banking login credentials via Plaid.

When connecting your bank account through Plaid, your payment information is encrypted and not viewable by TurboTenant or your landlord.

If your bank is not listed among our affiliated financial institutions, there's no need to worry. You will simply need to select the "Enter bank information manually" option on the page. Then, follow the prompts to enter your account and routing numbers in order to connect your account manually.

*If you decide to manually add your bank account, you will be required to verify your account using a micro-deposit that contains a 3-letter short code used for verification. This typically takes 1-2 business days to be deposited into your bank account. You'll be able to read more about this process here. Do not submit the manual verification process more than 1 time in a 72-hour window, this will cancel your first request for a micro deposit.


Making a Payment

You will be notified that a charge is ready for you to pay 7 days before its due date. To make a payment, select the charge(s) you want to pay and click "Make Payment."

Your landlord is notified when you submit a payment. The money will be taken out of your account in 3 to 5 business days, and your landlord can expect to receive the funds within 5 to 7 business days.

Note: To prevent payment failures, you'll want to make sure the funds are available in your account for at least 3 business days.

We will notify you when a new charge is ready for you to pay. Payments will never be taken out of your account automatically (unless, of course, you have turned on Autopay).


FAQs

Q: Can other renters on my lease make a payment?

Anyone on your lease can pay the charge. If your landlord has partial payments enabled on your lease, you and your housemates can easily pay their share of the charge while leaving the remaining amount for others on the lease.

A: How do I know my payment is received successfully?

Once you have paid a charge, the status will update from "Unpaid" or "Past Due" to "Paid". You can view Payment Details to see if the transfer is still processing or has been deposited into your landlord’s account.

Q: Can I set up my account to make payments automatically?

A: Yes, you can set up autopay to make automatic payments each month. Learn more about how to set up automatic payments in this article. Please note that your landlord must have this feature enabled in order for you to use it.

Q: How do I change my payment information?

A: You can connect a new bank account or credit/debit card at any time in the "Rent Payments" tab of your Account Settings.

Q: What is a past-due charge?

A: If a payment is late (or past their due date) on rent or any other charges your landlord creates, those charges will display as past due. It is advised to clear any past due charges before making payments towards current charges.

Q: What if my payment fails?

A: If your payment fails, you will receive an email from TurboTenant prompting you to log into your account and retry the payment.

Q: What is Stripe?

A: Stripe is the payment processor we use at TurboTenant to accept and transfer payments. Stripe is designed with security in mind. It handles sensitive payment information like credit card numbers and bank account numbers and ensures compliance with industry-standard security protocols to protect both businesses and customers. Stripe verifies the availability of funds directly with your bank account to process payments.

Q: What is Plaid?

A: Plaid is the software we use to connect and facilitate interactions between financial institutions and applications or services used by consumers and businesses, such as connecting your bank account to TurboTenant to make rent payments. Plaid is what you will use to add your card for rent payments or log in to your bank account for rent payments. They will also be the ones sending the verification code to manually connect your bank account.

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