No surprises. Ever.

We believe in full transparency. Here's exactly what you pay as a renter, and exactly what you earn as a lender. No hidden fees.

How our fees work

5%
Renter service fee

Added on top of the listing price. This covers platform costs, secure payments, and customer support.

10%
Lender commission

Deducted from your payout. In return, we handle payments, messaging, booking management and support.

Free
Sales

When a buyer’s interested, you arrange payment directly via PayNow. Lendit doesn’t take a cut and doesn’t touch the money.

Real rental examples

S$45/day camera rental

Listing priceS$45.00
Renter service fee (+5%)+S$2.25
Renter pays totalS$47.25
Listing priceS$45.00
Platform commission (-10%)-S$4.50
Stripe fee (est.)-S$2.11
Lender receives≈S$40.50

S$100/day bike rental

Listing priceS$100.00
Renter service fee (+5%)+S$5.00
Renter pays totalS$105.00
Listing priceS$100.00
Platform commission (-10%)-S$10.00
Stripe fee (est.)-S$4.07
Lender receives≈S$90.00

Minimum listing prices

Daily rental
S$10/day
Minimum 1 day
Weekly rental
S$35/week
Minimum 7 days
Monthly rental
S$50/month
Minimum 30 days

About Stripe payment processing

All payments are processed securely by Stripe, the world's leading payment platform. Stripe charges 3.4% + S$0.50 per transaction for Singapore cards (3.9% + S$0.50 for international cards).

These Stripe fees are separate from Lendit's platform fees and are deducted before your payout. The "Lender receives" figures above are estimates after Stripe fees.

Common questions

When do I get paid as a lender?

Once a booking is completed, funds are released to your Stripe account within 2–3 business days. You can then transfer to your bank account (including Wise) directly from Stripe.

Is listing really free?

Yes — listing any item is completely free. You only pay the platform commission (10%) when a booking is made and completed.

What if I want to sell an item?

Selling is free. There's no commission and no processing fee. When someone wants to buy your item, message each other on Lendit to agree on payment via PayNow and meet-up. Lendit doesn't handle sale payments.

Can I list an item for both rent and sale?

Yes! You can set both a daily rental price and a sale price. Once someone buys the item, it's automatically removed from rental availability.

Is there a security deposit?

Security deposits are optional and set by the lender. If you collect a deposit, it is held securely and returned to the renter after the item is returned in good condition.

Ready to get started?

Listing is free. Start earning from items you already own.