The Benefits of Renting With Debit: Why Use Chexy?
Jun 21, 2024
Written by
Written by
Diamond Noul (Chexy Staff)
Diamond Noul (Chexy Staff)
Table of contents
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Title
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If you are like most people, paying rent is your biggest monthly expense. While paying your monthly rent is a necessary part of life, it doesn't have to be a hassle. Which is why we now accept rent payments via debit. You can pay your rent with your debit card and enjoy a range of benefits that make rent payments stress-free and even more rewarding.
Here are some of the top reasons why you should consider using your debit card to pay rent through Chexy.
Automation and Convenience
One of the biggest advantages of using your debit card to pay rent with Chexy is convenience. With Chexy, rent payments are set on your due date and automated, meaning you don't have to remember to pay your landlord on a random Wednesday. Most landlords won't even notice a difference between getting an e-Transfer from your email and ours.
Tired of e-Transfer limits? Chexy allows you to set up an automated rent payment for up to $10,000, so you never have to worry about sending multiple transfers to your landlord.
By paying rent with a debit card, Canadian renters don't have to worry about paying off their credit card balance or figuring out what the best credit card is to pay their rent.
Earn Rewards
Unlike most credit cards, debit cards don't usually earn you rewards. However, there is an exception to that rule. If you bank with Scotiabank and use the Scene+ Visa debit card, you'll earn Scene+ points on every transaction, which you can trade in for free groceries, movie tickets, travel purchases, and more.
Split Rent With Roommates
If you live with roommates, paying rent can be a bit more complicated. With Chexy, however, you can easily split your rent with your roommates. This means that you can each pay your portion of the rent directly through Chexy, making it easy to ensure everyone pays their fair share on time.
Build Your Credit
No matter what payment method you use, any Chexy user can build credit on their largest expense. This can also help you prove that you've never missed a rent payment and make it easier to get approved for future credit, rentals, and a mortgage. It's a great way to build your credit history without taking on any additional debt. Not to mention, it's completely free and doesn't require your landlord's participation.
In conclusion, paying your rent with your debit card through Chexy is an excellent way to save time, money, and hassle, all while making your rent work for you. With features like automatic payments, earning rewards, and rent reporting, you can enjoy a stress-free rent payment experience while also building your credit.
Whether you're looking to simplify your rent payment process or want to earn some extra cashback that you can use to pay down your rent, paying with debit is a great option. So why not give it a try today and see how easy and rewarding rent payments can be?
Subscribe to our newsletter below for up-to-date credit card, travel, and rental content.
If you are like most people, paying rent is your biggest monthly expense. While paying your monthly rent is a necessary part of life, it doesn't have to be a hassle. Which is why we now accept rent payments via debit. You can pay your rent with your debit card and enjoy a range of benefits that make rent payments stress-free and even more rewarding.
Here are some of the top reasons why you should consider using your debit card to pay rent through Chexy.
Automation and Convenience
One of the biggest advantages of using your debit card to pay rent with Chexy is convenience. With Chexy, rent payments are set on your due date and automated, meaning you don't have to remember to pay your landlord on a random Wednesday. Most landlords won't even notice a difference between getting an e-Transfer from your email and ours.
Tired of e-Transfer limits? Chexy allows you to set up an automated rent payment for up to $10,000, so you never have to worry about sending multiple transfers to your landlord.
By paying rent with a debit card, Canadian renters don't have to worry about paying off their credit card balance or figuring out what the best credit card is to pay their rent.
Earn Rewards
Unlike most credit cards, debit cards don't usually earn you rewards. However, there is an exception to that rule. If you bank with Scotiabank and use the Scene+ Visa debit card, you'll earn Scene+ points on every transaction, which you can trade in for free groceries, movie tickets, travel purchases, and more.
Split Rent With Roommates
If you live with roommates, paying rent can be a bit more complicated. With Chexy, however, you can easily split your rent with your roommates. This means that you can each pay your portion of the rent directly through Chexy, making it easy to ensure everyone pays their fair share on time.
Build Your Credit
No matter what payment method you use, any Chexy user can build credit on their largest expense. This can also help you prove that you've never missed a rent payment and make it easier to get approved for future credit, rentals, and a mortgage. It's a great way to build your credit history without taking on any additional debt. Not to mention, it's completely free and doesn't require your landlord's participation.
In conclusion, paying your rent with your debit card through Chexy is an excellent way to save time, money, and hassle, all while making your rent work for you. With features like automatic payments, earning rewards, and rent reporting, you can enjoy a stress-free rent payment experience while also building your credit.
Whether you're looking to simplify your rent payment process or want to earn some extra cashback that you can use to pay down your rent, paying with debit is a great option. So why not give it a try today and see how easy and rewarding rent payments can be?
Subscribe to our newsletter below for up-to-date credit card, travel, and rental content.