What is Rent Now, Pay Later?

Rent now pay later services are financial products that allow renters to defer or split their rent payments. Typically, these services pay the landlord upfront on behalf of the tenant, who then repays the service provider over time, often with added fees or interest. This can offer short-term flexibility for renters facing cash flow challenges but may also lead to additional costs and debt.

How Does Brick Rewards Work?

Brick Rewards is a UK rewards app designed for renters who pay their rent on time. Unlike rent now pay later services, Brick does not handle rent payments or offer financing. Instead, it uses secure open banking technology to detect when rent is paid from your bank account. When your on-time rent payment is verified, Brick automatically awards you points that you can redeem for rewards like gift cards, local partner offers, and even monthly rent giveaways.

Additionally, Brick Rewards can help you build your credit score by reporting your on-time rent payments to Experian, provided you opt in. This positive payment data may help demonstrate your reliability to lenders over time.

Why Brick Rewards is Different from Rent Now, Pay Later Services

  • No Debt or Loans: Brick Rewards does not offer rent deferral or financing, so you won’t incur fees or interest.
  • No Change to How You Pay: You continue to pay your rent exactly as normal—Brick simply recognises your on-time payments.
  • Earn Rewards: Get points for paying rent on time and spending with partner businesses, turning your rent into valuable perks.
  • Credit Building: Reporting rent payments to credit agencies can help improve your credit profile, unlike rent now pay later services which may not report positively.

Benefits of Earning Rewards for On-Time Rent Payments

By using Brick Rewards, you get recognised for something you already do—paying rent on time. This means you can:

  • Earn points automatically without extra effort
  • Redeem points for local rewards, gift cards, and exclusive offers
  • Enter monthly rent giveaways to win your rent back
  • Access partner benefits across food, fitness, and more

Building Your Credit Score with Brick Rewards

Rent payments are a significant monthly expense, but they often go unreported to credit agencies. Brick Rewards helps change that by reporting your on-time rent payments to Experian if you choose to opt in. Over time, this positive data may help improve your credit score, which can be valuable when applying for loans, credit cards, or even a mortgage.

Is Rent Now, Pay Later Right for You?

Rent now pay later services might offer short-term relief if you need to delay rent payments, but they can come with fees and the risk of debt. If you’re looking for a way to get more value from your rent payments without taking on financial risk, Brick Rewards offers a safer alternative by rewarding you for paying on time and helping you build credit.

How to Get Started with Brick Rewards

Getting started is simple:

  1. Download the Brick Rewards app for free on iOS or Android.
  2. Connect your bank account securely via open banking (read-only access).
  3. Pay your rent as usual—Brick will detect your on-time payments automatically.
  4. Start earning points and enjoy rewards tailored to your local area.
  5. Opt in to rent reporting if you want to build your credit score.

Discover a no-debt way to make your rent work harder for you. Download Brick Rewards for free today and start earning rewards for paying your rent on time.