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WSJ Your Money Briefing

Rents Are Rising, But Cash Rewards Can Ease the Sting for Tenants

WSJ Your Money Briefing

The Wall Street Journal

News, Business News

3.81.6K Ratings

🗓️ 27 August 2024

⏱️ 7 minutes

🧾️ Download transcript

Summary

More landlords are offering credit card-style incentives to tenants for making timely payments and signing or renewing leases. Wall Street Journal personal finance reporter Katherine Hamilton joins host J.R. Whalen to discuss companies and retailers that have partnered with landlords to offer rewards. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:06.0

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0:11.0

Take a free test drive of OCI at oracle.com

0:14.4

slash Wall Street.

0:17.0

Here's your money briefing for Tuesday August 27th. I'm J.R. Wayland for the Wall Street Journal.

0:27.0

Earning rewards like miles or cash back from shopping has been around for years.

0:32.0

Now many landlords are allowing their tenants

0:34.2

to get in on the action, just for making their monthly payments on time.

0:38.2

If it's a points-based rewards company,

0:40.8

a lot of times they partner with companies like Amazon or Home Goods that you can

0:46.5

cash your points in and get an Amazon gift card.

0:48.9

And then also a lot of people are paying their rent online now, so those online platforms are also contributing.

0:54.4

We'll talk to Wall Street Journal Personal Finance reporter Catherine Hamilton.

0:58.0

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1:14.8

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1:19.9

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1:26.0

AI needs.

1:27.3

Do more and spend less like Uber, 8 by 8 and Databrics Mosaic.

1:32.1

Take a free test drive of OCI at Oracle.com.

1:35.0

Wall Street.

1:36.0

Oracle.com slash Wall Street. For many tenants a rewards program can take some of the sting out of paying rent.

1:52.0

Wall Street Journal Personal Finance reporter Catherine Hamilton joins me.

...

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