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Detailed comparison · Canada

Chexy vs Neobanc: which Canadian rent platform actually wins?

Both let you pay rent with a credit card in Canada and report to credit bureaus. The differences sit in fees, card networks and what you're optimizing for. Here's the full breakdown.

Verdict: for most Canadian renters with a rewards credit card, Chexy offers the best value.

Prefer cashback, $0 fees via Interac, or broader bill payments? Neobanc is the better choice.

CChexy
vs
NNeobanc

Fast answer

  • Cheapest option

    Neobanc (Interac, $0)

  • Best for rewards

    Chexy (Aeroplan)

  • Best overall

    Neobanc

For lowest fees and cashback, choose Neobanc. To maximize travel points on a premium card, Chexy wins.

C

Best for credit card rewards in Canada

Chexy

4.6/5

The most polished, established Canadian rent-on-credit platform. Strong Aeroplan partnership and broad card support — the easiest pick if you're optimizing for travel points.

Fee

~1.75% (credit card · mortgage)

Bureaus

Equifax

Get started with Chexy
N

Best for cashback and flexibility

Neobanc

4.4/5

The newer challenger with the highest upside: up to 1–2% cashback on rent and bills (with a card or free Interac), plus 0.5% cashback on mortgage payments routed via Interac e-Transfer (mortgages can't be charged to a credit card directly in Canada).

Fee

0% (Interac) · 1.5% (monthly plan) · 2.25% (6-month rolling plan)

Bureaus

Equifax + TransUnion

Get started with Neobanc
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By use case

Who wins what

Best for Aeroplan & travel points

CChexy

Direct Aeroplan partnership stacks on top of your card's earn rate. Best user interface and mobile experience of the three.

Best for Aeroplan points on a mortgage

CChexy

Chexy now pays residential mortgages at any Canadian lender, earning 1 Aeroplan point per eligible dollar. The payment is pulled from your chequing account, so no credit card rewards apply — but the points are earned directly from Chexy.

Best for cashback

NNeobanc

Up to 1–2% cashback on rent and bills, plus 0.5% on mortgage. And $0 fees when you pay via Interac e-Transfer.

Best for credit building

NNeobanc

Reports to both Equifax and TransUnion. Chexy is Equifax-only; Casa doesn't report at all.

Best for 0% fees

NNeobanc

Free via Interac e-Transfer for anyone. Casa hits 0% too but only with a Scotiabank Passport Visa.

Side by side

Every spec, in one table

C

Chexy

Best for rewards
Transaction fee
~1.75% (credit card · mortgage)
Rewards
Aeroplan partnership + your full credit card rewards
Credit reporting
Equifax
What you can pay
Rent · Bills · Mortgage

Top strengths

  • Most polished and reliable of the three
  • Aeroplan partnership stacks on top of card rewards
  • Higher 2.5% fee on foreign cards
Get started with Chexy
N

Neobanc

Lowest fees · Best overall
Transaction fee
0% (Interac) · 1.5% (monthly plan) · 2.25% (6-month rolling plan)
Rewards
Up to 1–2% cashback on rent and bills (1% monthly plan, 2% 6-month rolling plan), 0.5% on mortgage
Credit reporting
Equifax + TransUnion
What you can pay
Rent · Bills · CC bills · Mortgage

Top strengths

  • 0% fees with Interac e-Transfer
  • Up to 1–2% cashback on rent
  • Newer product — still maturing
Get started with Neobanc
C

Chexy

Pros

  • Most polished and reliable of the three
  • Aeroplan partnership stacks on top of card rewards
  • Pays mortgages to any Canadian lender — 1 Aeroplan point per eligible dollar
  • Broadest card support — Amex, Visa, MC + PAD
  • Established product with the largest user base
  • Supports pre-authorized debit (set-and-forget payments)

Cons

  • Higher 2.5% fee on foreign cards
  • Only reports to Equifax (single bureau)
  • Mortgage payments are chequing-funded — no credit card rewards on them
  • No credit card bill payments
  • Not CDIC insured
Read full Chexy review
N

Neobanc

Pros

  • 0% fees with Interac e-Transfer
  • Up to 1–2% cashback on rent
  • Pays mortgage via Interac (0.5% cashback) — credit cards & loans too
  • Reports to BOTH Equifax and TransUnion
  • CDIC insured
  • Up to $100 sign-up bonus

Cons

  • Newer product — still maturing
  • Website experience is less polished than competitors
  • No pre-authorized debit option
Read full Neobanc review

Question

Can you pay rent with a credit card in Canada?

Yes — both Chexy and Neobanc let Canadian renters pay rent with a credit card. Chexy is a Canadian rent payment platform that charges a flat 1.75% fee and accepts Visa, Mastercard, and Amex. Neobanc is a Canadian fintech platform that supports both Interac e-Transfer ($0 fee) and credit card payments, and reaches well beyond rent into bills, mortgage, and credit card payments. Chexy covers rent and bills by card and, since August 2026, also pays mortgages from your chequing account for Aeroplan points. See our full guide on how to pay rent with a credit card in Canada for the mechanics, fees and platforms.

Worth it?

Is it worth paying rent with a credit card?

With Chexy at 1.75%, you need a card earning more than 1.75% in rewards — most premium travel and Aeroplan cards qualify easily. With Neobanc and Interac e-Transfer, the fee drops to $0, so cashback is pure profit regardless of card. We walk through the full math in our breakdown of when paying rent with a credit card actually pays off.

Best way

Best way to pay rent in Canada

For Aeroplan and travel points, Chexy is the most polished option among Canadian rent payment platforms — and it now extends that Aeroplan earning to mortgage payments. For cashback, $0 fees via Interac, or paying credit card balances, Neobanc wins. The right answer depends on your card and goals — see our calculator for best credit cards for rent in Canada. Paying tuition or running a business? The shortlist changes — compare the best tuition credit cards or the top business rewards cards for large spend.

Final verdict

Final verdict: which should you choose?

Choose Chexy if

You're chasing Aeroplan or premium travel points and want the most polished experience for paying rent with a credit card in Canada.

Choose Neobanc if

You want cashback (up to 2%), $0 fees via Interac e-Transfer, or also need to pay credit card balances — the one thing Chexy can't do. Neobanc is also the cashback route for mortgage payments — via Interac e-Transfer, with 0.5% cashback (mortgages can't be charged to a credit card directly in Canada, on either platform).

Methodology

How we evaluated Chexy and Neobanc — updated for 2026

We compared both platforms on fees, rewards (cashback and points net of fees), ease of use (signup, scheduling, support), and payment flexibility (card networks, Interac, mortgage and bills). Both were tested on real Canadian rent payments.

Reality check

Who should NOT use these platforms

  • • You don't earn meaningful rewards on your card.
  • • Your fee outweighs your benefit (e.g., 1% cashback vs 1.75% Chexy fee).
  • • You prefer direct EFT or cheque payments to your landlord.
  • • You want zero added complexity in your monthly bills.

FAQ

Chexy vs Neobanc — common questions

Neobanc is cheaper when you pay by Interac e-Transfer at $0 fees, while Chexy charges a flat 1.75% on every credit card. By credit card, Neobanc lands between 1.5% and 2.25% depending on cashback tier — see if paying rent with a credit card is worth it at your spend.

Chexy wins for premium travel and Aeroplan cards because it accepts Visa, Mastercard and Amex at a flat 1.75%. Neobanc adds platform cashback on top of your card rewards but doesn't yet accept Amex on rent.

Yes. Neobanc supports both credit card and Interac e-Transfer in Canada and pays rent, bills, mortgage and credit card balances — learn how to pay rent with a credit card in Canada across each platform. Chexy is credit card only for rent and bills, and as of August 2026 also pays mortgages — though those are funded from your chequing account for 1 Aeroplan point per dollar, not charged to a card.

Both support recurring schedules and report on-time payments to credit bureaus — Chexy to Equifax, Neobanc to Equifax and TransUnion. Pick Chexy for the most polished rent flow and Aeroplan earning (including on mortgage payments), or Neobanc to automate bills, mortgage and credit card balances from one place with cashback. Once you've chosen, review the current Chexy promotion or the latest Neobanc offer so you sign up through the best available bonus.

Related guides

Keep exploring

Pay rent with a credit card in Canada

The complete pillar guide — fees, legality, math.

Chexy vs Neobanc vs Casa

Add Casa into the mix for the full 3-way view.

Best credit cards for rent in Canada

Calculate which card actually beats the fees.

Pay mortgage with a credit card in Canada

Mortgages can't be charged to a credit card — Neobanc pays 0.5% cashback via Interac, Chexy pays 1 Aeroplan point per dollar.

Strategy & methodology

Methodology

How rent rewards work in Canada

Landlords don't accept credit cards directly. Three Canadian platforms bridge the gap. Here's how each one earns you rewards on rent — and where the math breaks.

Read guide

Methodology

How we estimate payment-platform fees

Every estimated rent-rewards figure on PaySmarter starts with a platform-fee assumption. Here are the exact rates we use and when we update them.

Read guide

Strategy

How to maximize rent rewards in Canada

Rent is the largest predictable spend in most Canadian budgets. Optimizing it well is worth $400–$1,200/year. Here's exactly how.

Read guide

Related resources

Related Resources

Chexy Review

Our hands-on Chexy review — fees, Amex support, credit reporting and who it suits.

Read the review

Neobanc Review

Our Neobanc review — cashback plan, rent reporting, fees and who it suits.

Read the review

Chexy Offer & Referral Bonus

Current Chexy referral code, signup bonus and Aeroplan promotion for Canadians.

See the offer

Neobanc Offer & Referral Bonus

Current Neobanc referral code, cashback offer and signup bonus for Canadians.

See the offer

Best Credit Cards for Rent

The cards that earn the most net value on rent after platform fees.

Compare cards

Chexy vs Neobanc vs Casa

The full three-way comparison of Canada's main rent payment platforms.

Compare all three
Compare Platforms