Do Chexy Payments Qualify as "Recurring" for Credit Card Rewards?
Short answer: Usually, yes.
If a payment is processed through Chexy, it is typically categorized as a recurring bill payment at the card network level — even if you set it up as a one-time payment.
This commonly qualifies for recurring bonus categories offered by cards such as:
Scotiabank (e.g., Momentum Visa Infinite)
TD
Other Canadian issuers with recurring bill payment rewards
Does It Matter If It's One-Time or Recurring?
No. From the card network's perspective:
Chexy payments are generally coded as recurring bill payments
Reward eligibility depends on how the transaction is coded by your issuer
Even a one-time Chexy payment is typically treated as a recurring bill payment for rewards purposes.
Example
If your credit card offers 4% cashback on recurring bill payments, then a Chexy payment (such as rent or property tax) would typically qualify under that category. The same applies to similar recurring bonus structures from other issuers.
Important Disclaimer
Chexy does not guarantee reward qualification. Some cards may code transactions differently, exclude certain merchant categories, or change reward rules at any time. Final reward eligibility is determined solely by your card issuer.
Want to be 100% sure? Make a small test payment first, wait for the transaction to post, and check how it appears in your credit card rewards summary. This is the most reliable way to confirm eligibility.
Scotia Momentum Visa Infinite: $25,000 Cashback Limit
If you're using your Scotiabank Momentum Visa Infinite Card with Chexy, here's how the cashback offer works:
10% cashback on your first $2,000 in purchases (within the first 3 months) — from Scotiabank
4% cashback on every Chexy payment (ongoing, on up to $25,000 per year in eligible spend) — from Scotiabank
What happens when you hit the $25,000 cap?
Once you reach the $25,000 annual limit, your cashback rate will drop from 4% to 1% on any additional eligible spending.
(Please note this is a Scotiabank offer and not a Chexy offer)
What should you do next?
For example, at a monthly spend of $3,000, you could hit the cap in under 9 months.
At that point, it may be worth considering switching to a different credit card that offers a higher return, because:
Chexy credit card fees start at 1.75%
A 1% cashback rate may no longer offset those fees effectively
What we recommend
To maximize your rewards:
Use your Scotiabank Momentum Visa Infinite Card up to the $25,000 limit
After that, consider using a card that provides stronger rewards or better value beyond 1% cashback
This way, you continue to get the most value from your payments through Chexy.