Build your RentPay buffer

Do you pay your rent with RentPay? Use your RentPay Buffer and stash away extra funds to cover the rent, just in case you hit a bump in the road.

Life might be going swimmingly right now. You could have a great apartment, regular income and some money left over for nights out. But no matter how good things are, there’s a chance something could go wrong.

Car troubles, a medical issue or even needing to replace your phone could break your careful budget, but the Buffer feature in RentPay is here to help.

Build up a Buffer with RentPay

A savings buffer is a feature of RentPay where you can add a little extra rent into your wallet.

When you set up your RentPay direct debit details, you can let us know if you’d like RentPay to debit a little extra each time. These extra funds will sit in your wallet until you need them. You may let your buffer build up to a full rent payment, in which case RentPay will ask you if you want to skip a direct debit. Or if you’re a little short one week, you can use your savings buffer to pay some of the rent and you can top up the rest.

Building a Buffer in your RentPay wallet is the simplest way to not only avoid missing a rental payment, helping you maintain a clean payment history on your rental ledger, but to really take control of your future cashflow.

Build a buffer on RentPay

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Plan for the future

Your Buffer is the perfect way to hold onto a little extra cash and save up reserves to cover you when you need it. Consider your Buffer like rainy-day emergency savings.

Whether you’re studying, working or retired, your cash flow can fluctuate week to week. One of the most significant responsibilities as a tenant is paying your rent on time. Staying on top of your budget isn’t easy, and it’s easy to feel unprepared when the rent is due.

Missing rental payments can also affect your tenancy and rental history. Occasional missed rent payments can quickly turn into a bigger and more expensive problem down the track. Having a Buffer is a great way to avoid unnecessary delays in paying your rent and help you keep your agent or landlord on side.

Putting money into your Buffer is a little like having a separate account, making you less tempted to dip into it for everyday expenses. RentPay will help you automate these savings. You can set up an automatic transfer to your RentPay wallet, then set and forget, knowing your Buffer is growing.

How much should I buffer from my RentPay account?

The size of the Buffer you want to set aside will vary depending on what you pay in rent and your income. Even if you can only save a little, it’s a good idea to make a start and keep saving. The more you can save, the better.

For example, if you put $30 a week into your Buffer, you’d have $1,560 set aside by the end of the year. That’s a decent amount of savings to give you some financial breathing space.

How do I change my Buffer amount?

To change the amount you wish to Buffer, open the RentPay app, go to Settings > Emergency savings buffer. Move the slider to the amount you want to set.

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RentPay Technology Pty Ltd ACN 636 254 709 is an Authorised Representative of Flexewallet Pty Ltd – Australian Financial Services Licence number: 448066.

We are also the authorised representative of One Card Credit Pty Ltd – Australian Credit License Number: 390376. For more details on the product, please refer to the Product Disclosure Statement (PDS), User Agreement and FAQs. About the author


RentPay is a digital wallet developed to give Australia's 7 million renters more control, flexibility and choice in how they pay rent. Founded in 2021, RentPay was designed by, Australia's largest pro-renter site serving hundreds of thousands of renters each month. RentPay is the only payment app in Australia that helps renters take control of their rental payments while also helping improve their cash flow and build their financial future.