Setting up a recurring payment with Chexy Wallet is quick and easy. Follow these steps to get started:
Click "New Recurring Payment"
On your Dashboard, select "New Recurring Payment" to begin the setup process.
Select Your Payout Method
Choose how your payee will receive the payment:
Pre-Authorized Debit (PAD) – Your payee withdraws funds from your Chexy Wallet like a bank account.
Interac e-Transfer – We send payment to your payee’s email through Interac e-transfer.
Bill Pay – Payment is sent to a registered payee, just like through your banking app.
Not sure which payout method to choose? Check with your payee to see which options they accept.
Enter Payment Details
Provide the following information:
Payee details – The landlord, service provider, or biller you are paying.
Payment amount – The fixed amount that will be paid each month.
Payment date – The day each month when Chexy should pay the bill on your behalf (reminder: we'll always charge your credit card 3 business days before this date).
First-Time Setup Requirements
If you haven’t already:
Verify your identity – Chexy requires identity verification through Plaid due to Federal KYC regulations.
Add your preferred credit card – The one you want to earn rewards on. This card will be charged 3 business days before the due date to ensure funds settle in time for payment.
Payment Frequency
Chexy only supports monthly payments at this time. Weekly, bi-weekly, or quarterly payments are not available, but additional payment frequencies may be introduced in the future.
Once set up, your payments will run automatically each month, ensuring your bills are paid on time while you continue earning rewards on your preferred credit card.
Ready to start? Set up your first recurring payment today.