National Student Loans Service Centre
Pay your federal student loan by credit card.
Put your Canada Student Loan payments on your credit card for 1.75%. Chexy pays the National Student Loans Service Centre by bank bill payment with your loan number, and you collect your card’s rewards.
$2B+
bills processed
200K
Canadians on Chexy
$40M
rewards earned
How to
How to pay your federal student loan by credit card
1
Sign up for Chexy
Create your account and verify your identity. It takes a few minutes.
2
Add the NSLSC
Search for the National Student Loans Service Centre and enter your loan number as the 7-digit account number.
3
Enter the amount and pick your card
Enter your monthly payment or an extra amount. You see the fee before you confirm.
4
Chexy pays the NSLSC
The NSLSC gets an ordinary bank payment and you collect your card’s rewards.
What you can pay
What you can pay
Your Canada Student Loan
The NSLSC takes online banking payments with your loan number as the account number.
- Your monthly payment. Due on the last day of the month once you’re in repayment, unless you changed your terms.
- Extra payments. Extra payments can be made at any time to pay off or reduce your balance.
1.75% per payment on Canadian-issued cards, 2.5% on international cards. Shown before you confirm.
Timing
When the National Student Loans Service Centre gets paid
- Last day of the month
- When monthly payments are due by default.
- 4 business days before it’s due
- Chexy charges your card.
- By the due date
- Chexy sends the payment to the National Student Loans Service Centre by bank payment.
Example
What paying your federal student loan by card can earn
A $300 payment
On a 3% cashback card you earn
$9.00
Chexy’s 1.75% fee is $5.25, so your card is charged $305.25.
Illustrative estimate. Assumes the selected reward rate applies to all included payments. Before card annual fees and interest. Card eligibility and earning caps apply.
Paying your federal student loan by credit card: questions
Can I pay my federal student loan with a credit card?
Yes, through Chexy. Chexy charges your card and pays the National Student Loans Service Centre by bank bill payment with your loan number, for 1.75% on Canadian cards.
Which payee and number do I use?
The National Student Loans Service Centre as the payee, and your loan number as the 7-digit account number.
When are payments due?
Monthly, on the last day of the month, unless you changed your repayment terms.
Can I pay extra?
Yes. The NSLSC says extra payments can be made at any time to pay off or reduce your balance.
Is there still interest on my loan?
Not on Canada Student Loans since April 1, 2023. You still owe any interest that built up before that date.
The fine print
- The Government of Canada permanently stopped interest on Canada Student Loans from April 1, 2023. Interest that built up before then is still owed.
- In repayment, payments go to any outstanding interest first, then to principal. Payments made in school or during the six-month non-repayment period go to principal.
- Repayment starts after a six-month non-repayment period following your study end date, and you can pay during that time too.
- If you’re on pre-authorized debit with the NSLSC, banking changes must be made four business days before your next due date.
- Rewards are set by your card issuer, not by Chexy.
- Chexy accepts Visa, Mastercard and American Express credit cards in your name. Prepaid cards aren’t supported. Some categories (mobile, internet, gym and car leases) need Visa or Mastercard, and for utilities and taxes American Express works with eligible billers only. Logos show accepted networks, not an endorsement.
Sources: Canada.ca: make additional payments · NSLSC: payment method options · NSLSC: frequently asked questions · How much does Chexy cost? · Supported cards. National Student Loans Service Centre is not affiliated with Chexy.
Also: Pay the CBSA by credit card · Pay the SAAQ by credit card · Pay your 407 ETR bill by credit card · Pay the Family Responsibility Office by credit card · All payees
Put your federal student loan on your card.
1.75% per payment on Canadian-issued cards, 2.5% on international cards