Benefits and features

Benefits to you

• Automation of rental payments being deducted from tenants accounts further reduces administration time

• Collects rent efficiently – Tenants have a choice of payment methods

• 24/7 ability for tenants to pay their rent anywhere

• Reduces administration – Tenant payments are quickly and easily identified in a single file that is uploaded into your property management software

• Focus on growth – Allows your property management team time to focus on growing your rent roll and brand

• Reduces Arrears – stay on top of tenants in arrears increasing Landlord satisfaction and improving cash flow

Benefits to your customers

• Range of payment options – Direct Debit, BPAY, Visa, Mastercard & in person at AusPost

• 24/7 ability for tenants to pay their rent anywhere

• Schedule periodic payments– Tenant can have comfort knowing their rent is paid on time

• Friendly reminder SMS or Email ahead of rent day, and if their rent payment is running late an easy to use payment link will be sent to allow payment to be made from smart device.

• Tenants can easily manage and track their rent and utilities payments with their portal access. Including amending payment instructions

• Water and Bond payments can be also be scheduled via the portal

How does NAB Easy Rent work?

  • Day One - Tenants lodge their payment by one of the payment options available – Direct Debit, BPay, Pay in Person or Credit Card
  • Day Two – Tenants bank will transfer funds or advise if there are funds available.
  • Day Three – Tenants cleared funds are disbursed into the Agent’s trust account overnight.
  • Day Four – Cleared funds are in the Agent’s trust account. The tenant’s payment is fully reconciled for the Agent.

If there are any issues with payment the Agent will SMS the Tenant a payment link to progress the payment.

Rates and fees

Payment Method Pricing to tenant
Direct Debit $0.95 (GST inclusive)
BPAY (Cheque/Savings Only) $0.95 (GST inclusive)
Credit Card 1% (GST inclusive)
Pay in Person $3.50 (GST inclusive)

How to sign up

1. Give us a call to discuss your needs.

2. We’ll have a chat about your business to see if NAB Easy Rent is right for your needs.

3. You’ll work with one of our implementation officer to get you ready to accept tenant payments via NAB Easy Rent.

4. Depending on your business, you’ll be ready to start within a week.

Manage your nab easy rent

NAB Easy Rent online makes it easy for your tenants to pay their and for your office to manage incoming reoccurring rent payments.

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