TL;DR — You can now earn cashback on rent in the UK. Ribbon Rewards gives you 1 point per £1 of rent paid (100 points = £1 in vouchers), redeemable at Amazon, Deliveroo, Nike, Nando’s, Eurostar, Avios and 24+ more brands. On a £1,200 monthly rent that’s £144 a year, plus £25 for every friend you refer (they get £25 too). It’s free, there are no credit checks, and your landlord doesn’t need to sign up.
What is rent cashback?
Rent cashback is exactly what it sounds like: earning a percentage of your rent back as rewards, every time you pay.
It works differently from card cashback because rent isn’t a card payment. Most UK landlords and letting agents take rent by bank transfer or standing order — they don’t accept cards, and the ones who do usually charge a fee to cover it.
So rent rewards programmes route the payment instead. With Ribbon, you get a dedicated bank account in your own name, you transfer your rent into it, and Ribbon forwards it to your landlord on your rent date. Points land the moment the payment goes through.
Your landlord sees a normal bank transfer from your named account. Nothing about their side changes.
How much is rent cashback actually worth?
Let’s do the maths properly, because “cashback on rent” sounds vague until you put numbers on it.
With Ribbon, you earn 1 point per £1 of rent, and 100 points = £1 in vouchers.
| Monthly rent | Per month | Per year |
|---|---|---|
| £800 | £8 | £96 |
| £1,200 | £12 | £144 |
| £1,500 | £15 | £180 |
| £2,000 | £20 | £240 |
| £2,500 | £25 | £300 |
And if you’re renting a Ribbon partner property, the rate goes up to 3 points per £1 — which on a £1,500 rent is up to £540 a year.
Is £144 life-changing? No. But it’s a weekly shop, four Deliveroo orders, or most of a Eurostar ticket — for doing something you were going to do anyway, on the day you were going to do it anyway.
Over a five-year tenancy at £1,200, that’s £720 you’d otherwise never have seen.
Where the money comes from
This is the part everyone wants answered, so let’s not bury it.
Ribbon is free. You never pay a fee. Your landlord never pays a fee. So who funds the rewards?
The brands do. When you redeem points for an Amazon voucher or a Deliveroo credit, that brand pays Ribbon a small commission for bringing them a customer. It’s the same economic model that sits behind credit card cashback and every cashback website you’ve ever used — the retailer pays for the introduction.
If you never redeem, Ribbon earns nothing. Our incentives and yours point the same direction.
Is my rent money safe?
Fair question — you’re routing your largest monthly payment through a company you’ve just heard of.
- Your account is in your name. Not a pooled client account, not Ribbon’s balance sheet. Yours.
- It’s held at a fully authorised UK bank, regulated by the Financial Conduct Authority and authorised by the Prudential Regulation Authority.
- Eligible deposits are protected up to £120,000 by the FSCS — the same scheme that protects money in your high-street current account.
- If Ribbon ceased operating tomorrow, your deposits would still be protected.
Your rent doesn’t sit in limbo. It arrives with your landlord as a normal Faster Payment, same day, from an account with your name on it.
What rent cashback is not
Worth being straight about the limits.
- It isn’t a discount on your rent. Your landlord still receives the full amount. You’re earning rewards on top, funded by retailers.
- It isn’t a credit product. No credit check, no borrowing, no impact on your credit score. You’re paying your own money on your own schedule.
- It isn’t rent-splitting or deferral. You fund the account, we forward it. If the money isn’t there, nothing is advanced to you.
If you want your rent to build your credit file rather than earn you rewards, that’s a different service — rent reporting — and we’ve written about how the two compare.
Who rent cashback works best for
- Anyone renting in London or another high-rent city. The value scales directly with your rent, so the more you pay, the more comes back.
- Renters paying by bank transfer or standing order. Which is most of the UK.
- People in flatshares — each tenant paying their own share can earn on their own share.
- Renters whose landlord will never accept a card. Which is, again, most of the UK. No landlord participation is needed.
How to start earning cashback on rent
- Sign up at ribbonrewards.io — takes about two minutes, no credit check.
- Verify your ID and enter your rent details. Fully digital.
- Get your dedicated account in your name at a fully regulated UK bank.
- Transfer your rent in. Ribbon forwards it to your landlord on rent day.
- Points land instantly. Redeem whenever you like.
What renters say
“If you’re renting it’s silly not to do it. I was skeptical at first but I’ve successfully cashed out a pile of points as Amazon vouchers.” — Joel W., Google Reviews
“I was sceptical at first, but Ribbon Rewards has been fast and easy to use for paying my rent. If you pay rent especially somewhere expensive like London, you should be using Ribbon.” — Cameron W., Google Reviews
Ribbon is rated 4.9 on Google Reviews.
Refer a friend, and you both get £25
The fastest way to increase your rent cashback isn’t a higher rent — it’s a flatmate.
When someone signs up through your referral and pays their first rent through Ribbon, you both get 2,500 points. That’s £25 each.
Not £25 split between you. £25 for them, £25 for you.
Put that back into the maths: on a £1,200 rent you’re earning £144 a year from rent alone. Refer three people over the year — a flatmate, a colleague, the friend who complains about London rent every time you see them — and you’ve added £75 on top. That’s £219 for the year.
There’s no cap on it, and your friend isn’t doing you a favour. They’re getting £25 and a programme they’d have wanted anyway.
The bottom line
Rent cashback in the UK is real, it’s free, and it doesn’t require anything from your landlord. The only genuine cost is two minutes of setup.
If you’re paying rent this month and getting nothing back, that’s money left on the table — and it will be again next month.
Start earning at ribbonrewards.io →
Not sure yet? See how it works or read the FAQ.
Ribbon Rewards is a product of Scraye Ltd, registered in England and Wales (company number 12424477). Ribbon Rewards Accounts are held at an authorised UK bank. Eligible deposits up to £120,000 per depositor are covered by the FSCS. Last updated: August 2026.