Chexy membership is an optional paid subscription that unlocks lower fees and extra features on your Chexy account. There are two memberships — Essential and Plus — each available on monthly or annual billing. This article explains what you get, what it costs, who can join, and how to sign up or cancel.
Good to know: Membership is available to personal (consumer) Chexy accounts only — not business accounts or accounts used for business payments. Benefits apply only while your membership is active and your account is in good standing.
Included with every membership
Essential and Plus both give you:
Free debit payments — no processing fee when you pay by debit.
Any consumer credit card accepted, including Visa Infinite Privilege and Mastercard World Elite.
Earn Aeroplan points on your bill payments.
Reject any unwanted pre-authorized bill payment.
Payment processing fees
Processing fees depend on how you're billed, not just which membership you're on. Annual billing lowers your per-payment rate — monthly members (and accounts with no membership) pay the standard rate.
Card type | No membership | Essential — monthly | Essential — annual | Plus — monthly | Plus — annual |
Debit | Free | Free | Free | Free | Free |
Domestic credit card | 1.75% | 1.75% | 1.6% | 1.75% | 1.5% |
International credit card | 2.5% | 2.5% | 2.5% | 2.5% | 2.25% |
How the discount works: The reduced rates apply only to eligible payments made while your annual membership is active. They aren't retroactive, and they don't apply if you're billed monthly.
Free vs. Essential vs. Plus
Feature | No membership (Free) | Essential | Plus |
Interest on cash | 2% | 2.5% | 3% |
Rush payments | $4.99+ per payment | 1 free per month | Unlimited, free |
Linked credit cards | 2 | 5 | 10 |
Card splitting | — | — | Included |
Custom charge date | — | — | Included |
Chexy Cover | 2 days | 7 days | 14 days |
Withdrawal control | 2 days | 7 days | 14 days |
Credit building | — | Included | Included |
Pay any bills | Included | Included | Included |
Early access to new features | — | — | Included |
How much does membership cost?
Membership | Monthly | Annual | How you're billed |
Essential | $10 CAD / month | $100 CAD / year ($8.33/mo, save ~17%) | Charged in advance each month, or once every 12 months |
Plus | $20 CAD / month | $200 CAD / year ($16.67/mo) | Charged in advance each month, or once every 12 months |
Before you enroll, Chexy shows you the total amount payable for your membership.
Annual billing also lowers your processing fees — see the processing fee table above.
Discounts don't stack: referral tier discounts can't be combined with the membership fee discount. If you qualify for both, only one discount applies to your membership fee.
Membership fee vs. payment processing fee
These are two separate charges:
Membership fee — the recurring subscription for Essential or Plus.
Payment processing fee — a per-transaction fee charged on each eligible payment you make through Chexy. This is separate from and in addition to your membership fee, and is shown to you before you confirm each payment.
Who can join?
To enroll in a membership you must:
Hold a Chexy account in good standing
Be a resident of Canada and have reached the age of majority in your province or territory
Have a valid payment method on file
Use a personal (consumer) account — membership isn't available to business customers, or to anyone who uses Chexy for business payments, even if you also make personal payments
Your membership is tied to your account and is personal to you — it can't be transferred, shared, or resold.
How to sign up or switch memberships
Open the Chexy app.
Go to Settings → Plan.
Choose Essential or Plus, then pick Monthly or Annual billing.
Review the membership fee and confirm to authorize the recurring charge.
Once you enroll, your benefits are active right away and your membership renews automatically until you cancel.
How to cancel
You can cancel anytime:
In the Chexy app, under Settings → Plan, or
By contacting the support team via the in-app chat.
What happens when you cancel:
Cancellation stops future renewals.
It takes effect at the end of your current billing period — so you keep your benefits until then.
Monthly: you keep benefits through the end of the current month and aren't charged again.
Annual: you keep benefits through the end of your current 12-month (or renewed) term.
After that, your membership benefits stop and standard fees apply to your payments.
Automatic renewal
Both memberships renew automatically unless you cancel before the renewal date. You'll be charged the membership fee that applies at the time of each renewal.
Monthly renews month-to-month.
Annual runs for an initial 12-month term, then renews on an open-ended basis (billed every 12 months in advance).
Refunds
Membership fees are non-refundable, including for any unused portion after cancellation. When you cancel, you keep your benefits until the end of your current billing period.
A few things to know
If your account becomes a business account, or your membership ends or is suspended, membership benefits stop and standard fees apply going forward.