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Chexy: Complete Guide to a Platform for Paying Your Bills by Credit Card

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Chexy: Complete Guide to a Platform for Paying Your Bills by Credit Card
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Chexy allows users to pay their bills, rent, and taxes, as well as make Interac e-Transfers with their credit card, unlocking valuable rewards.

What is Chexy?

Chexy is a Toronto-based Canadian startup founded in 2023.

Chexy quickly stood out by allowing users to pay their rent with a credit card. Since then, Chexy has partnered with Aeroplan and expanded its range of payment services.

Chexy makes bill payments exciting, turning something mundane into something rewarding! How? By changing the way you manage your biggest recurring expenses, Chexy turns them into a stream of points and cash back.

Chexy: Complete Guide to a Platform for Paying Your Bills by Credit Card - Chexy

Chexy: More Than Just Rent Payments

The Chexy platform allows you to use your credit card to make the following payments:

  • Rent
  • Taxes in Canada and Quebec
  • Municipal and school taxes
  • Utilities (Hydro-Quebec, Toronto Hydro, BC Hydro, etc.)
  • Childcare and education (such as daycare, private school or university tuition )
  • Insurance (car, home, life)
  • Car payment (Ford Credit Canada, Toyota Credit Canada, etc.)
  • Transportation
  • Telecommunications (Videotron, Bell, Fido, etc.)
  • Wellness (gym memberships and clubs)

Then, you can pay them using a Visa or American Express credit card, Interac e-Transfer, pre-authorized debit, or bill payment.

There’s even a Chexy version for small businesses, for paying suppliers.

What Are Chexy’s Fees?

Chexy has the lowest transaction fees for this type of service in Canada:

  • 1.75% for Canadian Visa and American Express credit cards
  • 2.5% for international credit cards (Visa, Mastercard and American Express)

So, if you pay a bill for $100, the total charged to your Canadian credit card will be $101.75.

Using Chexy is a great way to earn points and cash back, with a credit card that offsets the 1.75% fee.

The best credit card for paying recurring bills on Chexy is the Scotiabank Momentum Visa Infinite +* Card. It earns 4% on recurring payments and subscriptions. As a result, you will make a net profit of 2.25% on each payment (4% – 1.75%).

We can think of these everyday credit cards that offer:

With these, you get a net gain of 0.25% (2% – 1.75%).

Our credit card selection
Credit cardAnnual feeWelcome offer
Scotia Momentum® Visa Infinite +* Card
Apply Now
Annual fee$120 $0Welcome offer
Up to $300Ends Nov 1, 2026
Apply Now
SimplyCash® Preferred Card from American Express
Apply Now
Annual fee$119.88Welcome offer
Up to $250
Apply Now
Scotiabank®* Platinum American Express® Card
Apply Now
Annual fee$399Welcome offer
Up to 100,000 pointsEnds Nov 1, 2026
Apply Now
Wealthsimple Visa Infinite Card
Apply Now
Annual fee$240Welcome offer
No welcome offer
Apply Now

A welcome bonus or sign-up offer is a reward provided by credit card issuers to encourage new customers to apply for their cards

These offers usually require you to reach a minimum spending threshold in the first few months after opening the card. For example, you’ll see in the welcome offer details « earn 60,000 points after spending $3,000 in the first three months. »

So, Chexy is a smart ally for earning these valuable welcome bonuses, without making extra purchases to meet the minimum spend requirement.

So, yes, it’s worth paying a $50 fee with Chexy to get $600 in points.

Here are some examples of credit cards with excellent welcome offers at the moment:

Our credit card selection
Credit cardAnnual feeWelcome offer
ExclusiveNational Bank World Elite® Mastercard®
Apply Now
Annual fee$150 $0Welcome offer
No welcome offerEnds Nov 4, 2026
Apply Now
SponsoredScotiabank Gold American Express® Card
Apply Now
Annual fee$120Welcome offer
Up to 50,000 pointsEnds Nov 1, 2026
Apply Now
BMO eclipse Visa Infinite* Card
Apply Now
Annual fee$120 $0Welcome offer
Up to 70,000 points
Apply Now

Our Review of Chexy

Chexy is a great way to optimize your payments and collect a ton of points in the process!

However, Chexy is only beneficial under two key conditions:

  • If the points earned or cash back rewards significantly outweigh Chexy’s transaction fees;
  • If you pay your monthly balance in full, so you don’t incur any interest charges.

To find out more about Chexy’s services and strategies for maximizing your points and cash back, see our guides:

Is Chexy worth it?

The value of Chexy largely depends on your rewards goals. For credit card holders with high reward rates or those who need to meet a minimum spend to earn a points bonus, Chexy can be an excellent investment.

For example, if you use Chexy to pay a monthly rent of $2,000 with a credit card offering 4% cash back, you would earn $960 in rewards annually, which more than covers Chexy’s fees ($420).

Is Chexy safe?

Yes, Chexy is considered a secure, standards-compliant platform, in compliance with Canadian financial laws. Chexy’s growing reputation and partnerships with recognized institutions are testament to the strength of its security measures.

Scotia Momentum® Visa Infinite +* Card

ScotiabankCash BackFirst-Year Annual Fee Rebate
Annual fee
$0 $120
No annual fee the first year
Our valuation
$420
Milesopedia first-year estimateFirst-year valueWelcome bonus$300Annual fee rebated$120Total$420Rewards on your spending are not included. The calculator that adds them from your own profile is on the card's page.
Welcome offer
Up to $300
+ First Year Annual Fee Rebate
Ends Nov 1, 2026
Apply Now

on Scotiabank's website

The Scotia Momentum® VISA Infinite*+ card is recognized, year after year, as one of the best cash back credit cards in Canada. Milesopedia has even named it best cash back credit card in 2026.

Currently, thanks to this promotional offer, the Scotia Momentum Visa Infinite+ Card has no annual fee for the first year, including on additional cards. And you can get 15% cash back on all your purchases for the first three months (up to $2,000 in total purchases).

It also includes a new convenient benefit for travellers: enjoy 10 GB of free GigSky global mobile data for 15 days, as well as access to Travel Essentials to use essential apps like messaging, maps, and email while on the go. Cardholders also continue to receive 1 GB of free GigSky mobile data per year, plus a 20% discount on future GigSky purchases.

With the Scotia Momentum® VISA Infinite+ card, you get:

  • 4% cash back on grocery purchases and recurring payments
  • 2% cash back on gas purchases, public transit, carpooling, and food delivery
  • 1% cash back on all other purchases

For example, if you spend $1,000 per month on grocery purchases and/or recurring payments, you will get $40 cash back per month, or $480 per year, with this card, for this purchase category. And that’s not counting the other purchases you make with this card and the benefits it offers (including its excellent insurance coverage).

Also note that you can use your cash back at any time (the cash back balance must be at least $25).

Legal

1 Offer Terms and Description: The 15% cash back, 0% introductory balance transfer rate, and first-year annual fee waiver offer (the “Offer”) applies only to new Scotia Momentum Visa Infinite+ credit card accounts (the “Accounts”) opened, and any additional cards issued, between July 2, 2026, and November 1, 2026 (regardless of the date you apply for the Account), subject to the terms and conditions set out below. We will waive the initial annual fees, for the first year only, for the primary card and for each additional card. The Offer may be changed, cancelled, or extended at any time, without notice, and cannot be combined with any other offer.

Description and Terms of the 15% Cash Back Offer: You will receive 15% cash back on the first $2,000 in eligible purchases charged to your new Account during the three months following its opening date (the “Promotional Period”). Eligible purchases mean purchases, minus refunds, returns, and any similar credits, and exclude payments, cash advances (including balance transfers and quasi-cash transactions), interest charges, and card and other fees. After the Promotional Period, you will earn the usual cash back on your purchases, at the regular rate (the “Program Cash Back Rate”) described in the Scotia Momentum Visa Infinite+ cash back program terms (the “Program Terms”). The 15% cash back rate for each category is the sum of the regular cash back rate (which varies by category) and the bonus cash back rate that varies during the Program Cash Back Rate (the “cash back rate”).

The cash back earned under this offer will be credited to your Account, provided it is open and in good standing on the cash back payment date.
1. Bonus Cash Back Rate: Cash back earned at the Bonus Cash Back Rate may be credited to your Account approximately 5 months following its opening date, or otherwise, in accordance with the Program Terms.
2. Regular Cash Back Rate: Cash back earned at the Program Regular Cash Back Rate may be used as described in the Program cash back.

EXAMPLE: If the Program Regular Cash Back Rate for grocery purchases and recurring payments is 4%, the Bonus Cash Back Rate will then be 11% for that purchase category, so that all eligible everyday purchases in this category will qualify for a total cash back of 15% during the Promotional Period, on the first $2,000 in purchases. If you make eligible everyday purchases at grocery stores and recurring payments totalling $2,000, the cash back credited to your Account for this category will be calculated as follows:
(1) a Bonus Cash Back of $220 (11% x $2,000), credited as an adjustment on your statement, and (2) the Regular Cash Back of $80 (4% x $2,000), which will appear on your monthly statements as it is earned.

All other program terms continue to apply during the Offer period.

Description and Terms of the 0% Introductory Balance Transfer Offer: The 0% introductory interest rate offer on balance transfers (the “Rate Offer”) applies only to eligible cash advances (including balance transfers and quasi-cash transactions, collectively referred to as “cash advances”), subject to the conditions below. This introductory rate applies for 12 months from this date (the “Promotional Period”). After the Promotional Period, the interest rate on cash advances covered by the 0% promotional rate (including any outstanding balance of such cash advances at the end of the Promotional Period) will revert to the preferred interest rate applicable to cash advances (currently 22.99%). A fee corresponding to 2% of the amount of any cash advance made during the Promotional Period applies (minimum fee of $5.00).

The Offer is subject to any cash advance limit on your Account. This Offer is also based on your approved credit limit on the date of this Offer. This means that if the sum of transferred balances exceeds the approved credit limit, balance transfers may not be processed. This Offer cannot be used to transfer a balance from another Scotiabank account, nor to make a payment or deposit to another Scotiabank account.

Cancellation of the promotional rate: If we do not receive your minimum payment by its due date shown on your statement twice in a row, you will lose the benefits of this special rate offer and your interest rates will revert to the annual rates normally applicable to your Account (currently 25.99% for purchases and 27.99% for cash advances).

Application of Payments: For residents of Quebec: In general, if one or more interest rates apply to your Account, we apply payments according to the interest rate(s) applicable to the transactions posted to your Account (from highest to lowest rate). For residents outside Quebec: In general, if you make a payment greater than the minimum amount shown on your statement, the difference is applied proportionally to the different groups of charges billed to your Account. Charges are grouped based on the interest rate applicable to them. Your payment cannot be applied to the balance of your choice. Consult your credit card agreement for more information on how payments are applied to your Account.

Description and Terms of the Annual Fee Waiver Offer: We will waive the annual fees, for the first year only, for the primary card and for each additional card issued between July 2, 2026, and November 1, 2026.

Eligibility and Exclusions: You are not eligible for this Offer if you are currently a primary or secondary holder of a Scotiabank personal credit card or have been within the last two years, including if you transfer your balance from a Scotiabank personal credit card account and if you are a Scotiabank employee. Subject to the exclusions mentioned above, holders of a Scotiabank small business credit card are eligible for this Offer. By accepting this Offer, you confirm that you meet all eligibility requirements. We reserve the right to revoke this Offer at any time if we determine that you do not meet the eligibility requirements, including after its acceptance or the opening of the Account.

Rates and Fees: The current annual fees are $120 for the primary card and $50 for each additional card (including those issued for co-account holders and additional cardholders). The current preferred annual interest rates applicable to the Account are: 20.99% on purchases and 22.99% on cash advances. Rates, fees, features, and benefits, which are described in the application disclosure, may be changed.

Annual fee

Primary card$120
Additional card$50

Annual income required

Individual$60,000
Household$100,000

Conversion fees

2.5%

Earning rate

  • 4xGroceries
  • 4xBills & recurring payments
  • 4xTelecom
  • 2xGas & EV
  • 2xTransit
  • 2xStreaming
  • 1xAll spending

Value

1st Year Value$1,212
2nd Year Value$408

Card benefits

Concierge service24/7

Travel insurance

Travel medical (under 55)Up to $1,000,000 / 15 days
Travel medical (55-64)Up to $1,000,000 / 15 days
Trip InterruptionUp to $2,000
Delayed BaggageUp to $500
Lost BaggageUp to $500
Flight DelayUp to $500
Travel AccidentUp to $500,000

Purchase protection

Purchase ProtectionIncluded
Extended Warranty+1 years
Mobile DeviceUp to $1,000 / 1 years
Auto Rental CollisionUp to $65,000 / 48 days

Our featured card

Featured

Marriott Bonvoy® American Express®* Card

American ExpressMarriott Bonvoy
Annual fee
$120
Our valuation
$990
Milesopedia first-year estimateFirst-year valueWelcome bonus$990Total$990Rewards on your spending are not included. The calculator that adds them from your own profile is on the card's page.
Welcome offer
Up to 110,000 points
Ends Sep 22, 2026
Apply Now

on American Express's website

Apply with confidence — no impact on your credit scoreApply with confidenceCheck whether your application will be approved before you submit it, with no impact on your credit score*When you apply for a personal American Express Credit Card, we will tell you whether you are eligible without affecting your credit score. So you can apply with confidence.*Instant decisions are only available for consumer Card applications (also called “personal Cards”).

The Marriott Bonvoy® American Express®* Card is the best credit card in Canada for free hotel nights.

New Cardmembers can earn up to 110,000 Marriott Bonvoy® points with the current offer:

  • Earn 80,000 points after you spend $6,000 on your Card in your first 6 months of Cardmembership.
  • Plus, earn 30,000 points by making a purchase during your 15th month of Cardmembership.

This offer ends on September 22, 2026. The annual fee is $120, and there is no annual fee on Additional Cards, so you can add a partner or a family member at no extra cost.

Every year after your first Card anniversary, you receive an Annual Free Night Award good for a redemption of up to 35,000 points at eligible hotels and resorts worldwide. At a valuation of 0.9 cents per Marriott Bonvoy point, that certificate is worth roughly $315, which on its own more than covers the $120 annual fee. That is the main reason to keep this Card year after year instead of cancelling it.

To get the most out of the certificate, aim it at a night that would otherwise price close to the 35,000 point ceiling.

The Card also gives you 15 Elite Night Credits each calendar year and automatic Marriott Bonvoy Silver Elite status. Those credits count toward the next Elite tier, so you begin every year 15 nights ahead of where you would otherwise start.

You move up to Gold Elite status automatically when you reach $30,000 in purchases on the Card in a year, or when you combine 10 qualifying paid nights within one calendar year with the 15 Elite Night Credits from your Card.

Marriott Bonvoy points are generally valued at 0.9 cents each. On that basis, the 110,000 point welcome offer is worth about $990, and an Annual Free Night Award used at its full 35,000 point ceiling is worth about $315.

Marriott Bonvoy points pull their weight on free nights rather than on gift cards or merchandise, which is why this Card should be judged on the hotel stays it produces.

You earn 5 points per dollar on eligible purchases at participating Marriott Bonvoy hotels and 2 points per dollar on all other purchases. Points can be redeemed for free nights with no blackout dates at more than 7,000 hotels around the world.

The Card carries a solid package of coverages: $500,000 travel accident insurance, flight delay, baggage delay, lost or stolen baggage and hotel or motel burglary at $500 each, car rental theft and damage up to $85,000 for rentals of up to 48 days, Purchase Protection for 90 days and a one year Extended Warranty.

Two things to plan around: the 2.5% foreign transaction fee on purchases made in a foreign currency, and the 21.99% purchase interest rate, which makes this a Card to pay in full every month. Like all American Express Canada Cards, no minimum income is published for this Card, and you can see whether you would be approved before you apply, with no impact on your credit score.

Legal

American Express is not responsible for maintaining or monitoring the accuracy of information on this website. For full details and current product information, click the Apply Now link. If you apply and get approved for an American Express Card, we may receive compensation from American Express, which can be in the form of monetary payment.

Annual fee

Primary card$120
Additional card$0

Annual income required

Individual$0
Household$0

Conversion fees

2.5%

Earning rate

  • 5xMarriott Bonvoy hotels
  • 2xAll spending

Value

1st Year Value$1,437
2nd Year Value$312

Travel insurance

Delayed BaggageUp to $500
Lost BaggageUp to $500
Flight DelayUp to $500
Hotel BurglaryUp to $500
Travel AccidentUp to $500,000

Purchase protection

Purchase ProtectionIncluded
Extended Warranty+1 years
Auto Rental Collision (primary)Up to $85,000 / 48 days

Our editorial integrity

Our reviews and rankings are based on an objective assessment. Advertisers do not influence our content. We may receive compensation through some links; our analysis and opinions remain independent.