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September is fast approaching, and with it, tuition bills!
If you’re a parent or relative of a CEGEP or university student, here’s how to turn this expense into an opportunity to maximize your credit card rewards.
Are you about to pay tuition fees for your child’s university or college education?
Before paying by bank transfer via Omnivox or with a financial institution, have you considered Chexy? This secure platform lets you pay tuition fees by credit card, even when your educational institution doesn’t accept this method of payment directly.
On the Chexy website, you can use your credit card to pay your rent, various bills, taxes and any other services where credit cards are not accepted. You can use it for Interac transfers, pre-authorized debits and bill payments.
I’ve been using it for a few months now, and Chexy also allows me to pay for college, CEGEP and university fees. Here are some examples:
First, register with Chexy to confirm that your school is included in the list, which you’ll find under Set Up a One-Time Payment / Add a New Payee, then under Childcare and Education.
Right now, to maximize my earnings, I would opt for the Platinum CardMD from American Express, which offers the following benefits and a total of 80,000 points:
Another option is the TD® Aeroplan® Visa Infinite* Card, which lets you quickly earn 35,000 Aeroplan points with no annual fee for the first year thanks to its welcome offer:
Back in the Childcare and Education section, it’s time to set up your payment!
I recommend making your payment a few days before the deadline, as there is a three-business-day delay between when you complete your transaction and when the school receives the funds.
Enter the requested information, for example:
After confirmation, Chexy will immediately charge the credit card and three days later send the payment to the school.
Aeroplan has recently teamed up with Chexy, and from now until September 15, 2025, you can take advantage of an introductory offer giving you up to 10,000 bonus points. Read our article for all the details.
Now it’s time to put those easily earned points to good use!
Membership Rewards points can be transferred to Aeroplan points. Read our step-by-step article on how to transfer American Express Membership Rewards points.
We estimate one Aeroplan point at 2 cents. So those 80,000 Aeroplan points represent a value of $1,600. This more than offsets Chexy’s service fee and the annual fee for the Platinum CardMD from American Express.
Have fun discovering the world with these destination ideas, thanks to the payment of your tuition fees. Depending on your dates and destination, these 80,000 Aeroplan points can get you..:
With the American Express Platinum® Card, you’ll be able to relax in VIP airport lounges during your trip, use your annual travel credits to save on travel costs, and enjoy elite status benefits for a better hotel experience.
You’re going to pay tuition anyway. Whether you choose a bank transfer, cheque, or credit card, that $10,000 will come out of your account.
The difference is your payment method!
With a traditional bank transfer, you pay $10,000 … and that’s it. With Chexy and a credit card that offers rewards, you pay $10,175 (including the 1.75% fee), but you get showered with Aeroplan points that are worth much more.
Interested in paying your rent with Chexy? Discover a similar strategy with Chexy to earn Aeroplan points.
Chexy accepts Visa and American Express credit cards in Canada.
Visa, Mastercard and American Express credit cards issued outside Canada are charged 2.5% when used by Chexy.
The fee is 1.75% of the transaction amount. For maximum rewards and benefits, the trick is to use a credit card that:
Savings are here (if you don’t see the sign-up form, please click here):
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