Most of your essential bills, whether for personal use or for your business, fall under our Essential Rate of 1.99%. A small set of business-specific categories like Supplier & Payroll payments fall under 2.4%. Both rates let you earn full credit card rewards on payments that normally earn nothing.
Your rate is determined by the category
When you add a receipient in Chexy, we assign it to a category. That category determines your rate. You'll always see the rate clearly before you confirm a payment — no surprises at checkout.
Which rate applies to me?
Essential: 1.99% (personal or business) | Supplier & Payroll: 2.4% (business only) |
Rent: residential only | Food & beverage suppliers |
Insurance: Personal or business | Construction & equipment suppliers |
Utilities: Home or office | Medical & healthcare suppliers |
Taxes: Personal or business | Other trade suppliers |
Telecom & internet | Payroll |
Wellness & gym memberships |
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Childcare & tuition |
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Not sure which category your recipient falls under? When you add a new recipient, Chexy will show you the assigned category and rate before your first payment goes through. You can also reach out to our Support team if something doesn't look right.