How and when do lenders get paid?

As a lender, you'll receive your earnings after the rental is successfully completed.

Payment Timeline

1. Renter pays - When you approve a rental request, the renter is charged
2. Funds held - We hold the payment securely until the rental is complete
3. Rental completes - Once both parties confirm the return, funds are released
4. Payout sent - Request a payout and receive your money via bank transfer

Our Fee

WhyRent takes a 15% commission on each rental. You keep 85% of the rental price.

Minimum Payout

The minimum payout amount is £10. You can accumulate earnings and request payouts when ready.