Scotia visa 4% is gone
Rogers MC cash back is gone.
Amex is restricting rent payments.
The wealth-simple and tangerine card do not seem worth the effort for 0.25% rewards.
Is anyone willing to share what they are using?

I have Scotia momentum which is now down to 1% for recurring bills. While I was looking for options, I see only Roger’s and TD. I don’t get benefit out of Roger’s because I don’t have Roger’s or Fido bill. My cellular plans elsewhere are solid cheap. Now, I am left with TD cashback visa infinite.
Perks of TD:
Recurring-payment reward: 3%
Annual cap: CA$15,000
Annual fee: waived for first year, will reevaluate later
My rent goes up to 24k annual, 15k may not be sufficient enough.
—-
What are other options for me ? Pls suggest, Much thanks! 🙏

Like many of us, I also use the Scotiabank Momentum for that sweet 4% cash back. But this year I started to dig thru some alternative foreign cards that would give me an additional cash back percentage.

We know that foreign cards have a 2.5% processing fee, so unless there is a card that gives a higher percentage, then using them may not be worth it.

I know everyone's opinion about crypto cards, etc, etc. Alas, I have been experimenting with a crypto card brand named Tria.

I have also tested this card in Chexy a couple of times, and it worked just well, I expect my next rent payment to use this same Tria card.

https://preview.redd.it/2f8fcyg0z9kh1.png?width=638&format=png&auto=webp&s=97b6bcc0c174895e8fb48d47939ca1fa1782f570

https://preview.redd.it/uw18zlf41akh1.png?width=379&format=png&auto=webp&s=b8a8fbbf544bcaddf195aab61b1d285a0b92e1a1

How much cash back does Tria offer?

I currently have the paid highest Tier, which was around 200 dollars when I bought it. There are some lower tiers but you want to get the premium version.

2.5% Chexy fee, plus 1.5% Tria processing fee, combined 4% in fees. At a 6% cashback monthly, that leaves the card with a sweet 2% cash back surplus.

There is a monthly cap of 2,000 USD per month to get 6% cash back, then 1% after that.

At $2000 per month, 2% cash back is $40 per month and $480 yearly, minus the card fee is approx $250 per year in surplus.

Keep in mind the yearly fee is sometimes lowered, there is welcome bonuses and referrals that help lowering the cost.

https://preview.redd.it/rgrdjs1e0akh1.png?width=461&format=png&auto=webp&s=3c7b6e70bf230290a5484cfe83f6782bb208cdbb

There is a monthly cap of 2,000 USD per month to get 6% cash back, then 1% after that.

https://preview.redd.it/fz54af5w0akh1.png?width=461&format=png&auto=webp&s=278b25d24781564a00e39d31182a2a911b0901ab

So far with Tria I have earned back the annual fee, they provide cash back and their own token. Again risks of crypto, but at the end of the day any surplus is welcomed.

Please be aware of risks of owning a crypto card, this is for experimenting. DM me if you have any questions.

If you spend $350 on things other than rent using the ScotiaGold Passport, you get 1.75% waived on your rent and stuff. So assuming you would otherwise get 2% cash back on the $350 spending that now has to go on the ScotiaGold, you lose 1% because the ScotiaGold only gives 1 scene point which is equivalent to 1% cash back easily. So you ‘spend’ $3.5 a month by diverting $350 in expenses to the ScotiaGold and then you’d get the 1.75% on rent and other stuff waived. And there’d be no limit so all your rent and everything else could make 1% equivalent cash back.

What am I missing?

Day by day things are changing. What will be the best card now for rent?

Removal of 1.5x Rewards Redemption Value for Eligible Rogers Purchases
Effective as of November 18, 2026, all cash back rewards will be valued at a regular redemption rate of 1 point per
$0.01 when you redeem for any Eligible Purchase (even if the purchase qualifies as an Eligible Rogers Purchase).
The regular redemption rate will apply even if the transaction you redeem against is posted to your Account before
November 18,2026.

I urge Chexy to consider reducing fees to keep customers in light of devastating changes that Scotiabank Visa announced.

So far we enjoyed 4% on rent, minus big fee 1.75% leaving us with comfortable 2.25% cashback reward on Rent.

Starting October 22 Scotiabank Visa will only allow 1% reward on rent which renders their cashback program useless (I am cancelling my card).

I will continue to use my Wealthsimple Visa card with 2% cashback with no cap. However, Chexy's 1.75% fee (or 1.5% fee with $200 annual price tag) makes no sense.

I say, drop your fees from 1.75% down to 0.5% with any additional price tags. This way we can continue using your service, cover the fee and get reduced 1.5% cashback on rent.

Otherwise I am cancelling Chexy, too.

Just curious, why is the Amex Cobalt never mentioned as a go-to card to use for Chexy payments? With the changes to SB Momentum and Rogers, options seem to be dwindling.

Only reason I got it was because I could get a few bucks in cash back with my rent, they should feel it too. Rest of my recurring payments will not get me cash back to pay the annual fee.

For complaints, questions, comments, etc. That is all.

Sorry, but I need to rant a little.

I changed my rent payment from one card to another several days before the charge last month, but Chexy still charged the old card. I contacted support and they fixed it the same day, so I assumed the issue was actually fixed.

Nope. It happened again this month!!

I messaged support multiple times and got no response. I was worried that once the charge went through, they’d refuse to reverse it. Eventually I emailed the same support address from last month and got this response:

“Due to high volumes, reaching out to support cannot guarantee voids. Unfortunately, we are not able to reverse this charge at this time.”

Like… this isn’t even a void request. You charged the wrong card after I had already changed it days in advance.

I’ve been using Chexy since 2024, but their support has always been hit or miss. This time, I’m honestly pretty frustrated!

I only see $100 from GCR, any other options people seeing?

From what i've seen it's just the lowest tier. Unless there is something in the fine print where it says all mastercards are affected? I know this sounds like cope, because it is, but are we 100% sure?

Hi,

I know you all are trying to figure out the next path forward and would need some time to make some business decisions and we still have some time until October but I would really appreciate if Chexy Team can provide an update in near future on what the future will look like. I think after this ScotiaBank decision you will also revisit Chexy Plus subscription model because it no longer makes sense. Just a straight communication because we are a small group of users I believe around 250K and if Chexy provides a good option for its users then many of us will continue to stay.

Credit cards usually make their money when customers pay the minimum, carry a balance, and generously donate interest to the bank every month.

Then Chexy came along and sent Scotiabank a bunch of customers who were apparently financially responsible psychopaths. 😂

Chexy helped Scotia attract new credit-card customers, while many customers avoided the annual fee and even opened premium accounts. Some people apparently parked $6,000 just to save themselves a few bucks in fees. So Scotia was happily collecting deposits and enjoying all this lovely new customer traffic.

But then Scotia discovered the horrifying truth: these Chexy customers actually paid their credit cards in full every month.

No revolving balances.
No interest payments.
No “minimum payment” nonsense.
Just people paying their bills on time like some kind of financial extremists.

At that point Scotia probably looked at the numbers and said, “Wait a minute… these people are using our credit cards but they aren't paying us interest?! What kind of business model is this?”

And just like that, the party was over. Scotia pulled the plug.

Chexy basically delivered an army of customers to the bank and accidentally delivered an army of people who refuse to make the bank rich.

Ladies and gentlemen, take a bow! We came, we spent, we paid in full. Chexy customers 1 - Scotiabank 0. 😂