This article covers personal (consumer) accounts only. Wallet's expanded bill coverage does not apply to Business accounts — business payments still work the way they always have.
Two ways to pay with Chexy
Chexy gives you two different ways to cover a bill, and which one you use depends on what you're paying:
Charge a credit card directly — the original Chexy model. You pick a bill, pick a credit card, and Chexy charges that card to pay your bill.
Pay from your Chexy Wallet balance — newer, and the only way to pay certain bill types. You load money into your Wallet first, then that balance is used to pay the bill via Pre-Authorized Debit (PAD), Bill Pay, or e-Transfer.
Both ways exist side by side — using Wallet for some bills doesn't change how you pay everything else by credit card.
What you can pay by credit card
This is the original, broader list — these bills can be charged directly to a credit card on file, no Wallet required:
Rent
Utilities
Insurance
Childcare & Education
Income, Property & Business Taxes
Household Expenses
Telecommunications
Transportation (car leases)
Gym & Wellness Memberships
Card network eligibility (Visa, Mastercard, Amex) varies by category — see "What types of bills can I pay with Chexy?" for the full breakdown. This list is unchanged by the Wallet launch.
What you can only pay from your Wallet
These bill types are new — they were not payable through Chexy at all before Wallet, and they're not chargeable to a credit card. They can only be paid from money sitting in your Wallet balance:
Credit card bills (paying off a Visa or Mastercard — not Amex)
Car loan & financing payments
Buy Now Pay Later providers, like Affirm
Other personal loans
Brokerage & investment account payments
You can't fund one of these payments by charging a credit card — the money has to come from your Wallet balance. Load your Wallet first via Visa Direct (debit) or your linked bank account, then pay from that balance using whichever delivery method fits the recipient — PAD, Bill Pay, or e-Transfer.
Side-by-side comparison
| Credit card payment | Wallet payment |
Funding source | A credit card on file | Your Wallet balance (loaded via Visa Direct or linked bank account) |
Example bills | Rent, utilities, insurance, taxes, childcare, household expenses, telecom, car lease, gym | Credit card bills, car loans, Affirm/BNPL, other loans, brokerage/investment accounts |
Card network rules | Varies by category — Visa/Mastercard/Amex, or Visa/Mastercard only for some | Visa / Mastercard credit card bills only — no Amex |
Delivery method | Credit card charge | PAD, Bill Pay, or e-Transfer — whichever the recipient accepts |
Account type | Personal and Business | Personal only — not available on Business accounts |
Payment limit | Varies by category | Up to $70,000 per payment, same as other PAD payments |
Full breakdown, by category
Category | Payment method | Cards accepted | What's accepted | What's NOT accepted |
Rent | Credit card | Visa / Mastercard / Amex | Valid rent paid to your landlord, individual or corporation; lease copy required | Short-term accommodation (cottage, hotel, short-stay); paying anyone for something that isn't rent |
Utilities | Credit card | Visa / Mastercard / Amex (Amex: eligible businesses via search bar only) | Utility provider or municipality for electricity, water, gas, waste | Phone, internet, streaming (e.g. Netflix); contractor HVAC repair |
Insurance | Credit card | Visa / Mastercard / Amex (Amex: eligible businesses via search bar only) | Insurance company for P&C, life, home, auto, pet | Professional membership/licensing fees (e.g. CPA) |
Childcare & Education | Credit card | Visa / Mastercard / Amex (Amex: eligible businesses only, not individuals) | Daycare, recognized school, or university (invoice required); individuals via Visa/Mastercard | Pet care; paying an individual for an unrelated purpose |
Income, Property & Business Taxes | Credit card | Visa / Mastercard / Amex (Amex: eligible recipients via search bar only) | CRA, Revenu Québec, or municipality | Accountant's fees to prepare/file taxes |
Household Expenses | Credit card | Visa / Mastercard only | House cleaner or landscaper | Expenses unrelated to home upkeep/improvement |
Telecommunications | Credit card | Visa / Mastercard only | Phone or internet provider | Anything unrelated, or not a phone/internet service |
Transportation (lease) | Credit card | Visa / Mastercard only | Car lease payments | Car loan/financing — see Wallet row below instead |
Gym & Wellness Memberships | Credit card | Visa / Mastercard only | Gym, fitness studio, wellness membership | Anything that isn't a gym/wellness membership |
Credit Card Bills | Wallet (PAD / Bill Pay / e-Transfer) | Visa / Mastercard only — no Amex | Paying off a Visa or Mastercard credit card balance | Paying off an Amex balance; funding the payment with a credit card instead of your Wallet balance |
Car Loan & Financing | Wallet (PAD / Bill Pay / e-Transfer) | N/A — not a card-network payment | Car loan / financing payments | Funding the payment with a credit card |
Buy Now Pay Later (e.g. Affirm) | Wallet (PAD / Bill Pay / e-Transfer) | N/A — not a card-network payment | BNPL provider repayments | Funding the payment with a credit card |
Other Personal Loans | Wallet (PAD / Bill Pay / e-Transfer) | N/A — not a card-network payment | Personal loan repayments | Funding the payment with a credit card |
Brokerage & Investment Accounts | Wallet (PAD / Bill Pay / e-Transfer) | N/A — not a card-network payment | Brokerage/investment account payments | Funding the payment with a credit card |
Why use Wallet instead of a credit card?
It's the only way to pay these bill types at all. Chexy doesn't let you charge a credit card to pay off another credit card, a car loan, or a brokerage account — so Wallet is the only path for these.
Interest while it waits. Any money sitting in your Wallet earns interest in the meantime.
Built-in protections. Wallet comes with NSF protection and withdrawal control, so you're not caught off guard by a payment you didn't expect.
This doesn't change anything about your existing credit-card-paid bills. Rent, utilities, and everything else you already pay by credit card keeps working exactly the same way — Wallet is additive, not a replacement.