Chexy Review: Fees, Best Credit Cards and Is It Worth It

Chexy allows users to pay their bills, rent, and taxes, as well as make Interac e-Transfers with their credit card, unlocking valuable rewards.

As of October 2026, Chexy charges 1.75% per payment on Visa, Mastercard and American Express credit cards issued in Canada, and 2.5% on cards issued abroad, according to Chexy’s website. The service pays off when your rewards exceed that fee, or when it helps you reach the minimum spend for a welcome bonus, for example in Aeroplan points.

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, Mastercard 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 charges the following transaction fees, according to its website as of October 2026:

1.75% for Canadian Visa, Mastercard 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 depends on how your issuer codes the transaction. Several issuers exclude rent and tax payments from their boosted recurring payment category: the spend then earns the regular purchase rate, which can wipe out the gain once fees are deducted.

We can think of these everyday credit cards that offer:

Scotiabank Platinum American Express^® Card 2 Scene+ points on all (2%)
SimplyCash^® Preferred Card from American Express: 2% cash back on everything (2%)
Wealthsimple Visa Infinite+ Card: 2% cash back on everything

With these, you get a net gain of 0.285%. Chexy’s fee is added to the amount charged to your card, so your rewards are also earned on that higher amount: (2% × 1.0175) – 1.75% = 0.285%.

Our credit card selection
Credit card	Annual fee	Welcome offer
Scotia Momentum^® Visa Infinite +* Card Apply NowCompare	Annual feeFirst Year Annual Fee Rebate$120 $0First Year Annual Fee Rebate	Welcome offerAfter $2,000 in 3 months Up to $300 Cash BackEnds Nov 1, 2026 After $2,000 in 3 months	Apply NowCompare
SimplyCash^® Preferred Card from American Express Apply NowCompare	Annual fee$119.88	Welcome offerAfter $2,000 in 3 months Up to $250 cash back After $2,000 in 3 months	Apply NowCompare
Scotiabank^®* Platinum American Express^® Card Apply NowCompare	Annual fee$399	Welcome offerAfter $10,000 in 6 months Up to 100,000 pointsEnds Nov 1, 2026 After $10,000 in 6 months	Apply NowCompare
ExclusiveWealthsimple Visa Infinite+* Card Apply NowCompare	Annual fee$240	Welcome offerInvitation-only offer (new Wealthsimple clients): extra 3% cash back (5% total) on the first $10,000 in net purchases during the 35 days after approval. The card must stay open for 180 days after the boosted period. Up to $500 cash back Invitation-only offer (new Wealthsimple clients): extra 3% cash back (5% total) on the first $10,000 in net purchases during the 35 days after approval. The card must stay open for 180 days after the boosted period.	Apply NowCompare

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 card	Annual fee	Welcome offer
ExclusiveNational Bank World Elite^® Mastercard^® Apply NowCompare	Annual feeFirst Year Annual Fee Rebate$150 $0First Year Annual Fee Rebate	Welcome offer$150 annual fee rebated First Year Annual Fee RebateEnds Nov 4, 2026 $150 annual fee rebated	Apply NowCompare
Scotiabank Gold American Express^® Card Apply NowCompare	Annual fee$120	Welcome offerAfter $7,500 in 12 months Up to 50,000 pointsEnds Nov 1, 2026 After $7,500 in 12 months	Apply NowCompare
BMO eclipse Visa Infinite* Card Apply NowCompare	Annual feeFirst Year Annual Fee Rebate$120 $0First Year Annual Fee Rebate	Welcome offerAfter $12,000 in 12 months Up to 70,000 points After $12,000 in 12 months	Apply NowCompare

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 card offering 3% cash back, your card is charged $24,420 over the year, fees included. You earn $732.60 in rewards for $420 in fees, a net gain of $312.60, or 1.30% of the rent. Fees are added to the amount charged to your card, so your rewards are earned on them too. Check the rate actually applied, though: several issuers exclude rent and taxes from their boosted recurring payment category, and Scotiabank moves them to the regular purchase rate on October 22, 2026.

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 reflect the strength of its security measures.

What are Chexy’s fees?

According to Chexy’s website, as of October 2026, each payment costs 1.75% with a Visa, Mastercard or American Express credit card issued in Canada, and 2.5% with a card issued abroad. The fee is added to the amount charged to your card, so a $100 bill paid with a Canadian card costs you $101.75.

Does Chexy accept Mastercard?

Yes. As of October 2026, Chexy accepts Visa, Mastercard and American Express cards issued in Canada, all at the same 1.75% per payment. Cards issued abroad, on any network, are charged 2.5%. Still check how your issuer codes the transaction before choosing which card to use.

What is the best credit card for Chexy?

Pick a card that earns more than the 1.75% fee on this type of payment. A card earning 2% on everything gives a net gain of about 0.285%, since rewards are also earned on the fee. Several issuers exclude rent and taxes from their boosted categories, though: Scotiabank does so on its Momentum cards on October 22, 2026.

Is it worth paying rent with Chexy?

It depends on the rate your card actually pays. For $2,000 in monthly rent and a card earning 3%, your card is charged $24,420 over the year. You earn $732.60 in rewards for $420 in fees, a net gain of $312.60. Chexy is also useful to reach the minimum spend of a welcome bonus.

Compare

Scotia Momentum^® Visa Infinite +* Card

Scotiabank Cash BackFirst-Year Annual Fee Rebate

Annual feeNo annual fee the first year: $0 $120
Our valuationMilesopedia first-year estimate First-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.: $420
Welcome offerAfter $2,000 in 3 months: Up to $300 Cash Back; Ends Nov 1, 2026

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.

Savings at Shell

Cardholders with a Scene+ membership who link their Scotia Momentum^® Visa Infinite +* Card and their Scene+ account to a Shell Go+ Account can get up to 7 cents per litre in instant fuel discounts, cash back, and Scene+ points value when they purchase eligible fuel with their linked credit card:

Instant 3 cents per Litre Discount on Fuel Purchases (All Grades): Receive an instant 3 cents per litre discount on purchases of fuel (all grades) (“Fuel Purchases (All Grades)”) at participating Shell locations in Canada when you use any eligible Scotiabank debit card or credit card linked to a Shell Go+ Account, up to a maximum of 1,000 litres per month per Scotiabank debit card and per Scotiabank credit card account. This total limit resets at the start of each new month per payment card account. This discount is subject to the Scotiabank Fuel Benefit Terms and Conditions.
Earn 2 cents per Litre in cash back: When you use your Scotia Momentum^® Visa Infinite +* Card on Fuel Purchases (All Grades) you will earn 2% cash back on eligible Net Purchases (up to an annual spend limit of $25,000) at Gas Stations (Merchant Category Codes (“MCC”): 5541, 5542). Assumes an average fuel price of at least $1.00/L. “Net Purchases” means eligible new purchases charged and posted on the Account during a statement period less, returns (including credit vouchers), refunds or other credits. Balance Transfers, Cash Advances, Cash-Like Transactions, interest charges, fees, and insurance premiums posted to your Credit Card Account are not eligible to earn cash back. This benefit is subject to the Scotia Momentum^® Visa Infinite +* Card cash back Program Terms and Conditions.
Scene+ Members earn up to 2 cents per Litre in Scene+ points Value: Scene+ Members earn 1 Scene+ point for each litre in Fuel Purchases (All Grades) when they present or make available their Scene+ account number or Scene+ membership card at the time of purchase. Plus, Scene+ Members who link their Scene+ account to the Shell Go+ app will automatically earn 1 Scene+ point for each litre of V-Power^® gasoline or V-Power^® diesel purchased (“Premium Fuel Purchases”). Scene+ points value is based on an average redemption value of $10 for every 1000 Scene+ points redeemed on fuel purchases. Actual value may be lower depending on how you choose to redeem your Scene+ points. Earn and redemption limits may apply. See the Scene+ Program Terms and Conditions available at sceneplus.ca/terms-and-conditions for full details including redemption options and additional terms.

Note: Highest value of 7 cents per litre assumes a Premium Fuel Purchase (minimum price of $1.00 per litre) made with your Scotia Momentum^® Visa Infinite +* Card linked to a Shell Go+ Account and with your Scene+ account also linked to the Shell Go+ account. Actual value will vary depending on whether or not the credit card is linked, fuel grade purchased, cost of fuel at time of purchase, whether or not you are a Scene+ member, and how you choose to redeem your Scene+ points.

Additional 3¢/L at Shell (limited time)

Additional 3¢/L Fuel Discount Offer: Offer valid from October 5, 2026 to December 31, 2026 (“Promotional Period”), eligible Scotiabank credit and debit cardholders enrolled in the Shell Fuel Benefits Program who have linked an eligible Scotiabank payment card (an “Eligible Card”) to their Shell Go+ account will receive an additional instant fuel discount of 3 cents per litre on eligible fuel purchases at participating Shell-branded retail locations in Ontario, British Columbia, Alberta, Saskatchewan, Manitoba, and the Northwest Territories (the “Eligible Provinces”) excluding Shell Flying J locations. Fuel purchases made outside the Eligible Provinces are not eligible for this offer.

To receive the additional fuel discount, customers must pay with their linked Eligible Card at the time of purchase.

The additional fuel discount is in addition to the fuel savings available through the Shell Fuel Benefits Program and may be combined with other eligible fuel discounts, rewards programs, and promotional fuel offers unless otherwise stated in the applicable offer terms and conditions.

The additional fuel discount is available on up to 1,000 litres of eligible fuel purchases per calendar month for each Eligible Card. The 1,000-litre limit resets at the beginning of each calendar month.

The additional fuel discount is non-transferable, is not redeemable for cash, and cannot be substituted or exchanged.

Participation in the Shell Fuel Benefits Program is subject to the applicable program terms and conditions available at Scotiabank Fuel Benefit Terms and Conditions.

Shell Canada reserves the right to make changes to this offer and to terminate the offer at any time, for any reason and without notice.

All other applicable terms and conditions of the Shell Fuel Benefits Program, Shell Go+ and Scotiabank continue to apply.

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
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 CancellationUp to $1,500

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