From $0 to $1,000+: Start Earning Rewards on Rent

Jun 18, 2024

Photo of a Visa credit card with high-rise apartments on it and a bubble that says "up to 4%"
Photo of a Visa credit card with high-rise apartments on it and a bubble that says "up to 4%"

From $0 to $1,000+: Start Earning Rewards On Rent

“Living in Canada is expensive." Tell us about it, especially with the rising rent costs and increasing household expenses. If you are tired of constantly feeling pinned up against a wall, it's time for you to consider Chexy, where you could earn over $500 a year by just paying rent.

The Power of Your Credit Card

We all have recurring bills—from rent to utilities and subscriptions. What if we told you that paying these bills could actually earn you money? No, this isn't a joke. It's the power of your credit card and Chexy, of course. By using credit cards that offer significant cash back or the ability to earn rewards on recurring expenses, you can turn your shoebox in the sky, your house in the suburbs, and everything in between into savings!

Choosing the Right Card for Your Savings

Not all credit cards are created equal, especially when it comes to earning rewards on rent. Some credit cards offer basic rewards, while others skyrocket your earnings with up to 4% cash back value on recurring payments and things like grocery purchases.

Although points credit cards can return a lucrative amount in terms of flight savings or luxury upgrades, if you are a simple cash lover and want to get the most from your rent, these are the cards you should consider. Most of them include a generous welcome bonus:

  1. Scotiabank Momentum Visa Infinite - 4% cash back on recurring bills

  2. TD Cash Back Visa Infinite Card - 3% cash back on recurring bills

  3. Tangerine World Mastercard - 2% cash back on recurring bills

  4. CIBC Dividend Visa Infinite Card - 2% cash back on recurring bills

  5. Amex Simply Cash Preferred - 2% cash back on everything

  6. Scotiabank Momentum Visa Card - 2% cash back on recurring bills

  7. BMO CashBack World Elite Mastercard - 2% cash back on recurring bills

Crunching the Numbers: Your Potential Savings

You're probably churning the numbers yourself, but let's look at a real-life example of how you might take advantage of this:

Best Cash Back Credit Card: Scotiabank Momentum Visa Infinite

A full breakdown of how much cash back you can earn from Chexy, using the Scotiabank Momentum Visa Infinite credit card

By far, the best credit card to select here is the Scotiabank Momentum Visa Infinite, which offers 4% cash back on recurring bills. If your monthly rent is $2000, the average across Canada, you can earn $80/month just by paying rent with this card. Taking the Chexy fees out of it ($35) leaves you with $45/month in clean savings.

Over the course of a year, that adds up to a whopping $540 – All from paying rent through Chexy, which you wouldn’t have received otherwise! When you factor in cash back on other household expenses, you could easily surpass the $1,000 mark in annual cash back earnings.

That’s your next vacation or 3 months of groceries paid just by putting your rent and other daily expenses on this great cash back credit card.

Start Now

What are you waiting for? At a time when every dollar matters, maximizing your savings on your largest monthly expense - rent - is your key to a better financial future.

With Chexy, you have the power to earn over $500 in cash back annually just by paying your rent with the right credit card. Don't settle for less – settle for the best with Chexy.

Get started by clicking the button below or apply for the best credit cards via our links above and get your first-month processing fee waived, allowing you to keep all your cashback earnings that month.

CLICK TO GET STARTED WITH CHEXY

To find out more about how rewards credit cards work and which are the best for you, subscribe to The Chexy Rundown for exclusive deals and rewards you don't want to miss.

From $0 to $1,000+: Start Earning Rewards On Rent

“Living in Canada is expensive." Tell us about it, especially with the rising rent costs and increasing household expenses. If you are tired of constantly feeling pinned up against a wall, it's time for you to consider Chexy, where you could earn over $500 a year by just paying rent.

The Power of Your Credit Card

We all have recurring bills—from rent to utilities and subscriptions. What if we told you that paying these bills could actually earn you money? No, this isn't a joke. It's the power of your credit card and Chexy, of course. By using credit cards that offer significant cash back or the ability to earn rewards on recurring expenses, you can turn your shoebox in the sky, your house in the suburbs, and everything in between into savings!

Choosing the Right Card for Your Savings

Not all credit cards are created equal, especially when it comes to earning rewards on rent. Some credit cards offer basic rewards, while others skyrocket your earnings with up to 4% cash back value on recurring payments and things like grocery purchases.

Although points credit cards can return a lucrative amount in terms of flight savings or luxury upgrades, if you are a simple cash lover and want to get the most from your rent, these are the cards you should consider. Most of them include a generous welcome bonus:

  1. Scotiabank Momentum Visa Infinite - 4% cash back on recurring bills

  2. TD Cash Back Visa Infinite Card - 3% cash back on recurring bills

  3. Tangerine World Mastercard - 2% cash back on recurring bills

  4. CIBC Dividend Visa Infinite Card - 2% cash back on recurring bills

  5. Amex Simply Cash Preferred - 2% cash back on everything

  6. Scotiabank Momentum Visa Card - 2% cash back on recurring bills

  7. BMO CashBack World Elite Mastercard - 2% cash back on recurring bills

Crunching the Numbers: Your Potential Savings

You're probably churning the numbers yourself, but let's look at a real-life example of how you might take advantage of this:

Best Cash Back Credit Card: Scotiabank Momentum Visa Infinite

A full breakdown of how much cash back you can earn from Chexy, using the Scotiabank Momentum Visa Infinite credit card

By far, the best credit card to select here is the Scotiabank Momentum Visa Infinite, which offers 4% cash back on recurring bills. If your monthly rent is $2000, the average across Canada, you can earn $80/month just by paying rent with this card. Taking the Chexy fees out of it ($35) leaves you with $45/month in clean savings.

Over the course of a year, that adds up to a whopping $540 – All from paying rent through Chexy, which you wouldn’t have received otherwise! When you factor in cash back on other household expenses, you could easily surpass the $1,000 mark in annual cash back earnings.

That’s your next vacation or 3 months of groceries paid just by putting your rent and other daily expenses on this great cash back credit card.

Start Now

What are you waiting for? At a time when every dollar matters, maximizing your savings on your largest monthly expense - rent - is your key to a better financial future.

With Chexy, you have the power to earn over $500 in cash back annually just by paying your rent with the right credit card. Don't settle for less – settle for the best with Chexy.

Get started by clicking the button below or apply for the best credit cards via our links above and get your first-month processing fee waived, allowing you to keep all your cashback earnings that month.

CLICK TO GET STARTED WITH CHEXY

To find out more about how rewards credit cards work and which are the best for you, subscribe to The Chexy Rundown for exclusive deals and rewards you don't want to miss.