Does ClearNow Cost $14.95 for Every Tenant?

No.  ClearNow fees are based on the debit day and are only charged when landlords attempt to debit a tenant.  Fees are paid by the landlord/property manager.  The choice of debit days include:

  • For monthly debits on the 1st, 5th, 15th, or 25th: $14.95/month for one debit. Each additional debit is just $2/month.
  • For semimonthly debits (twice a month on the 3rd & 17th): $4/debit.
  • For biweekly debits on every other Tuesday: $4/debit.

For example, the fee for five tenants for a monthly debit would be $22.95/month ($2 x 4 tenants + $14.95).  The semimonthly fee for five tenants would be $40/month ($4 x 2 x 5 tenants).

 

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