Methodology · Last reviewed 2026-06-01

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.

The short answer

PaySmarter uses Chexy 1.75%, Neobanc 0% platform fee plus 1% Neobanc cashback, and Casa 0% (Scotia Visa Infinite only) as the baseline rates for rent-rewards math. We re-verify these monthly against each platform's public pricing page.

Current platform fee assumptions

Chexy: 1.75% on Visa, Mastercard and Amex. No monthly subscription required for the standard tier.
Neobanc: 0% platform fee + 1% Neobanc cashback when paying via Interac e-Transfer with a Visa or Mastercard.
Casa: 0% for Scotiabank Visa Infinite cardholders within the Scotia ecosystem.

Why we re-check monthly

Platform fees are the single biggest variable in rent-payment math. A 0.25% change in Chexy's fee swings $60/year on a $24,000 rent. We monitor each platform's pricing page and update card calculations the same week any change ships.

Where to verify yourself

Before applying for a card primarily for rent rewards, double-check the current fee on the platform's pricing page — promotional pricing may have changed.

FAQ

Common questions

What if a platform changes its fee mid-year?+

We re-verify monthly and update card calculations immediately on material changes. Each card review shows the date it was last verified at the bottom of the page.

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