Top 9 Plastiq Alternatives in Canada (2026)

Why Canadians Are Looking for Plastiq Alternatives in 2026

Plastiq is still technically live for Canadian users as of August 2026. The company exited Chapter 11 bankruptcy in August 2023 and now operates under Priority Technology Holdings, according to Capterra's Plastiq alternatives listing. Its updated Terms of Service, revised July 27, 2026, still permit US and Canadian residents to use the platform for personal payments. But the product itself has drifted away from renters.

The signs are easy to spot once you look. Plastiq's flagship content on paying rent with a credit card still dates back to 2018, and a promotional footnote referenced on that page expired in 2023. That is not the profile of a company actively courting Canadian tenants. Plastiq's roadmap and marketing now point squarely at business accounts payable, not consumer rent or bill payments.

The math has not gotten friendlier either. Plastiq charges 2.99% per card payment plus a separate delivery fee (roughly $0.99 for EFT/ACH transfers, $1.49 for cheque delivery), with no built-in cashback and no rent-reporting layer. If your landlord only accepts cheques, funds can take about eight days to arrive, which is uncomfortably close to a due date if your building charges late fees.

None of this makes Plastiq a bad product. It simply is not built for the person trying to earn cashback on rent payments, build credit history, or avoid a near-3% surcharge every month. This article compares nine Canadian alternatives on fees, rewards, rent reporting, and whether your landlord needs to sign up for anything.

Quick Answer: Best Plastiq Alternatives in Canada

If you only read one section, read this one. Neobanc is our top overall pick for renters because it pairs a lower credit card fee (1.50%) with stacked cashback on top of your existing card rewards, free rent reporting to Equifax, and zero landlord signup, since payments go out by Interac e-Transfer.

• Chexy is the strongest option if you want to pay a wide range of bills beyond rent, at a flat 1.75% fee as reported by Flytrippers.
• TenantPay wins on simplicity for pre-authorized debit users, charging a flat $4.99 fee instead of a percentage.
• PaySimply is the go-to if your actual goal is paying the CRA, a provincial tax authority, or municipal property tax, not rent, at a 2.50% fee according to Savvy New Canadians.
• Casa is worth a look if you carry a ScotiaGold Passport Visa, thanks to a promotional 0% rent-payment fee.

All fees, promotions, and dates in this article reflect August 2026 pricing and are subject to change without notice.

Plastiq Alternatives Compared

Before you commit to any single platform, it helps to see the fee structures side by side. The table below breaks down how each alternative charges for different funding methods, whether it offers native cashback on top of your card's own rewards, whether it reports rent to a credit bureau, and whether your landlord needs to create an account.

Notice how wide the fee spread is. Percentage-based card fees cluster between 1.50% and 2.99%, so the gap between the cheapest and most expensive option on this list is nearly two full percentage points on every rent payment. Native cashback, meaning cashback the platform itself adds on top of whatever your credit card already pays you, is rare. Most competitors simply let your existing card rewards flow through and stop there.

1. Neobanc: Best Overall Plastiq Alternative for Renters

Neobanc was built specifically for Canadians who pay rent, bills, and mortgages and want that spending to work harder. Unlike Plastiq's business-first product, Neobanc's entire model centers on the person writing the rent cheque, not the business managing accounts payable.

How Neobanc's Fees and Cashback Work

Funding a payment by Interac e-Transfer costs nothing. If you would rather pay by credit card to trigger rewards, Neobanc offers two tiers:

• A 1.50% fee tier that earns 1% monthly cashback.
• A 2.25% fee tier that earns 2% cashback on a six-month rolling unlock (a tier you choose at setup).

Because Neobanc's cashback stacks on top of whatever your card already pays, a card offering 4% on recurring bills combined with Neobanc's 2% tier can produce roughly 6% total cashback before the fee is deducted. There is no maximum rent cap, and Neobanc accepts Visa, Mastercard, and American Express, along with Apple Pay and Google Pay.

Rent Reporting and Landlord Setup

Neobanc reports rent payments to Equifax at no cost, and for $2 a month you can back-fill up to 24 months of past rent history, which matters if you have been paying reliably for years without any credit benefit to show for it. This pairs naturally with strategies covered in our guides on whether rent affects your credit score and what credit score you need to rent an apartment.

Your landlord never needs to sign up for anything. Payments go out as a standard Interac e-Transfer on the due date, and rent payments are insured up to $10,000 through Neobanc's reLease protection. You do need to fund your wallet at least four business days before the due date, so this is not an instant, last-minute solution.

Worked Example: $2,000 Monthly Rent

The comparison is easiest to see in dollars. Here is what happens on a $2,000 monthly rent payment across three platforms, assuming you use a 2% cashback credit card where applicable.

With Plastiq's 2.99% card fee and no native cashback, a $2,000 rent payment costs roughly $59.80 in fees alone, plus the delivery fee. With Chexy's 1.75% fee and a 2% cashback card, the net gain works out to about 0.285% after fees, or roughly $5.70, based on the calculation method described by Milesopedia's Chexy guide. With Neobanc's 1.50% fee tier stacked on a 2% cashback card (1% Neobanc cashback plus 2% card cashback equals 3% total), you earn $60 in combined cashback against a $30 fee, netting roughly $30 in your pocket instead of a cost. For anyone deciding between Neobanc versus Chexy specifically, this fee-versus-cashback gap is the deciding factor most people care about.

2. Chexy: Best for Paying Multiple Bills, Not Just Rent

Chexy is a Toronto-based fintech used by more than 70,000 Canadians, according to Flytrippers' Chexy guide. It launched in 2023 and has grown into one of the more recognized bill-payment platforms in the country, covering rent, utilities, condo fees, tuition, and property taxes.

Chexy's Pricing Structure

Chexy charges a flat 1.75% fee on domestic Visa, Mastercard, and American Express payments, and 2.5% on international cards, based on details from Milesopedia's Chexy breakdown. As of August 2026, Chexy has introduced paid memberships: Essential at $9.99 a month or $90 a year, and Plus at $20 a month or $200 a year. Paying annually lowers the card fee further, to 1.65% on Essential and 1.50% on Plus.

One notable shift: Chexy's rent-reporting feature, which reports to both Equifax and TransUnion, became a Plus-plan-only benefit as of June 19, 2026, though users who signed up earlier are grandfathered in for free.

Pros, Cons, and Who Chexy Is Best For

• Pros: Broadest bill coverage on this list, dual-bureau reporting available on Plus, periodic Aeroplan bonuses (latest published offer now closed).
• Cons: No native cashback beyond your card's own rewards, and dual-bureau reporting now requires a paid tier.
• Best for: Renters who also want to run property tax, tuition, or utility payments through one platform. Chexy's approach to Toronto property tax, for example, offers a meaningfully lower fee than the city's own former MyToronto Pay system, which charged 2.35% plus an additional 1.5% collection fee before shutting down in June 2025, per Chexy's property tax guide.

3. PaySimply: Best for CRA and Property Tax Payments

If your actual goal is paying the Canada Revenue Agency, Alberta's Tax and Revenue Administration, Revenu Québec, or your municipal property tax bill by credit card, PaySimply is a more direct fit than Plastiq or any rent-focused app on this list.

What PaySimply Covers

PaySimply is operated by Payment Source, a Toronto-based company founded in 2014 and recognized as one of Canada's Best Managed Companies for three consecutive years, according to Savvy New Canadians' PaySimply review. It supports credit cards (Visa, Mastercard, Amex, and UnionPay), Interac e-Transfer, and cash or debit at roughly 6,000 Canada Post outlets, which is a broader payment menu than Plastiq's card-only approach.

Fees run 2.49% to 2.50% for credit card payments, versus Plastiq's higher 2.99% standard card fee. Interac e-Transfer costs just 1.0%, and Canada Post cash or debit payments run $3.95 to $7.95 depending on the biller.

Where PaySimply Falls Short for Renters

PaySimply does not support rent payments at all. It only works with registered billers, so unless your landlord happens to already be registered as a biller (which is uncommon for individual landlords), this is not a rent solution. Treat it as a tax and municipal bill tool, not a Plastiq replacement for your monthly rent.

4. Casa: Best for ScotiaGold Passport Visa Holders

Casa, operated by The Casa Company Inc. out of Toronto, focuses exclusively on rent and condo fee payments. Its standout feature in 2026 is a partnership with Scotiabank.

The ScotiaGold Passport Visa Promotion

As of a March 2, 2026 announcement, Casa offers a 0% fee for rent payments made with the ScotiaGold Passport Visa, a genuine standout compared to the 1.75% to 2.99% fees charged elsewhere on this list. Cardholders can also earn Scene+ points at a rate of one point per dollar on housing payments if they spend at least $350 elsewhere in a given month, plus a bonus of up to 10,000 Scene+ points. Outside that promotion, standard Canadian Visa and Mastercard credit payments cost 1.75%, and debit payments cost 1.00%. American Express is not accepted.

Pros, Cons, and Who Casa Is Best For

• Pros: The 0% ScotiaGold Passport Visa promotion is currently the cheapest way to pay rent by credit card in Canada.
• Cons: No native cashback, no Amex support, and no published rent-reporting feature, so it will not directly help you build credit in Canada the way Equifax-reporting competitors do.
• Best for: Anyone who already carries a ScotiaGold Passport Visa and wants the lowest possible fee on rent specifically. See our Neobanc versus Casa comparison for a full breakdown of when each makes more sense.

5. TenantPay: Best Flat-Fee Option for Pre-Authorized Debit

TenantPay has been operating in Canada since 2006, making it one of the longer-running rent-payment services on this list. Its pricing model differs from every other platform here because it offers a flat fee rather than a pure percentage for its core payment method.

TenantPay's Fee Structure

Pre-authorized debit (PAD) costs a flat $4.99 regardless of your rent amount, which can beat percentage-based fees once your rent climbs past roughly $250 to $300 a month. Visa debit costs 0.99%, Visa credit costs 1.75%, Mastercard credit costs 2.75%, and American Express support is listed as "coming soon" as of August 2026.

Rewards and Rent Reporting

TenantPay awards its own points, redeemable for gift cards across more than 115 brands or applied toward rent savings. The company also runs a monthly rent draw (TRSP) available to members who pay between the 7th and 28th of the month, and it advertises up to 6% total return on rent when combining points with card rewards. Rent reporting to Equifax happens within 30 days at no cost, and landlords are paid by direct deposit within one to three business days without needing to join the platform. For a side-by-side breakdown, see our Neobanc versus TenantPay comparison.

6. Zenbase: Best for Rent Splitting and Partnered Buildings

Zenbase, based in Calgary, takes a different approach entirely. Rather than acting as a general credit card payment gateway, its CustomRent product splits a single rent payment into two installments for a fee of $9.90 a month plus 0.75% of your rent.

Important Limitations

CustomRent is only available at partnered landlords and buildings, so you cannot simply sign up and use it at any address the way you can with Neobanc, Chexy, or Casa. Payments are made by bank account or debit card at a 0.6% fee, and credit cards are not accepted at all, which rules Zenbase out if your goal is to earn card rewards on rent.

Where Zenbase Does Compete

Zenbase's CreditBuilder rent-reporting product is open to anyone, starting at $3 a month ($25.20 a year), and reports to Equifax alone, or to both Equifax and TransUnion if your building is a Zenbase partner. A one-time RentHistory backfill covering 24 months costs $19.90. Zenbase also offers a bill advance of up to $100. If your main goal is credit building rather than card rewards, this is worth comparing against Neobanc's own reporting fee, discussed in our guide to credit builder options in Canada.

7. Letus (formerly RentMoola): Best If Your Landlord Uses a Property Manager Platform

RentMoola no longer exists as an independent brand. As of 2026, rentmoola.com redirects directly to Letus, which absorbed the RentMoola product.

How Letus Works Differently

Letus operates as a property-manager-side platform rather than a tenant-first app. That means you can only use it if your landlord or property manager is already enrolled on Letus. Where they are, tenants can pay by Visa, Mastercard, American Express, Discover, or bank transfer. Service fees vary by property manager and are not officially published in a single table, though card fees generally fall in the 1.99% to 3.99% range.

Who Should Consider Letus

If you previously used RentMoola and your building's management company migrated to Letus, you may not have a choice, since the platform requires landlord enrollment. No cashback is offered natively, and rent-reporting details are not published. If your landlord is not already on a property-manager platform, options like Neobanc, Chexy, or TenantPay that require zero landlord signup will generally be more practical, and our guide to the best rent apps in Canada covers this distinction in more depth.

8. Borrowell Rent Advantage: Best Reporting-Only Option

Not every Plastiq alternative needs to move your money. Borrowell Rent Advantage does not process rent payments at all. Instead, it connects to the bank account or card you already use to pay rent and reports that history to Equifax Canada.

Pricing and What You Get

The standard price is $10 a month, or $8 a month if bundled with other Borrowell products. A one-time backdate option covers up to 24 months of rent history for $99 ($69 bundled). Landlord approval is not required since Borrowell simply monitors your existing payment activity rather than routing funds through a new system.

How It Compares to Neobanc's Reporting

Borrowell's $10-a-month fee is considerably higher than Neobanc's free base reporting with an optional $2-a-month backfill, and Borrowell offers no cashback whatsoever, since it is not a payment platform. If your rent is already being paid reliably through your bank and your only goal is credit reporting, this is a legitimate option, but it is worth comparing costs against combined payment-and-reporting platforms first. Our guide on how to improve your credit score in Canada covers where rent reporting fits into a broader credit strategy.

9. FrontLobby: Best If Your Landlord Is Willing to Participate

FrontLobby takes yet another approach to rent reporting, one that depends on landlord cooperation rather than tenant-side account connections.

How FrontLobby's Plus Plan Works

FrontLobby Plus costs $4 a month when billed annually and reports to both Equifax and the Landlord Credit Bureau. The catch is that your landlord must sign up and approve the reporting, which is a meaningfully different model than Neobanc, TenantPay, or Zenbase, all of which report tenant-initiated payment activity without requiring landlord buy-in.

A Note on KOHO's Rent Reporting Discontinuation

Worth flagging here: KOHO's rent-reporting feature is being discontinued as of August 2026. According to KOHO's own help center notice dated August 11, 2026, no new subscriptions are being accepted, and existing members can keep using the feature only until September 30, 2026, after which tradelines will be closed in good standing. KOHO also does not support paying rent by credit card at all. Anyone currently relying on KOHO for rent reporting should start comparing replacements now; Neobanc's free Equifax reporting is the most direct replacement, and Zenbase's CreditBuilder (from $3/month) or FrontLobby (if your landlord will enrol) also work.

How to Choose the Right Plastiq Alternative

With nine platforms on the table, the right pick depends less on which one is "best" in the abstract and more on what you are actually optimizing for.

If You Want the Lowest Possible Fee

Casa's 0% ScotiaGold Passport Visa promotion is unbeaten if you already carry that card. TenantPay's flat $4.99 PAD fee wins for renters paying above roughly $300 a month who are comfortable with debit-style funding rather than credit. For everyone else, Neobanc's 1.50% credit card tier undercuts Chexy, Casa's standard rate, and Plastiq's 2.99% by a wide margin.

If You Want Cashback That Stacks

Most competitors on this list simply let your card's own rewards pass through untouched. Neobanc is the only platform here that adds its own cashback layer on top, which is why the best credit card to pay rent in Canada paired with Neobanc's stacking can outperform the same card used through Chexy or Plastiq.

If You Want Rent Reporting Without a Landlord's Involvement

Neobanc, TenantPay, and Zenbase's CreditBuilder all report based on tenant-initiated activity, no landlord signup required. FrontLobby depends on landlord participation, which limits its usefulness if your landlord is unlikely to cooperate.

If You're a Landlord, Self-Employed Renter, or Managing Related Finances

Renters juggling other financial questions, like whether they are classified correctly as a contractor versus an employee for tax purposes, tracking capital gains tax rules in Canada on a secondary property, or comparing the cost of living across provinces before a move, will find that a rent platform with strong reporting and low fees does double duty as part of a broader financial picture. It is also worth pairing rent strategy with a budgeting app to track the net effect of fees and cashback over a full year.

Frequently Asked Questions

Is Plastiq still available to Canadians in 2026?

Yes. Plastiq remains live and its July 27, 2026 Terms of Service permit both US and Canadian residents to use it for personal payments. However, the company's product focus and marketing have shifted toward business accounts payable, and its rent-specific content has not been meaningfully updated since 2018.

What does Plastiq charge to pay rent with a credit card?

Plastiq charges 2.99% per card payment plus a separate delivery fee, roughly $0.99 for EFT/ACH transfer or $1.49 for a cheque, based on details from Capterra's alternatives listing. There is no built-in cashback or rent-reporting feature.

Which Plastiq alternative is cheapest for paying rent by credit card?

Casa's 0% promotional fee for ScotiaGold Passport Visa holders is the cheapest option currently available, followed by Neobanc's 1.50% tier and Chexy's 1.75% flat fee.

Do any of these platforms report rent payments to build credit for free?

Neobanc and TenantPay both report to Equifax at no cost. Zenbase's CreditBuilder starts at $3 a month, Chexy's dual-bureau reporting is now limited to its paid Plus plan, and Borrowell Rent Advantage charges $10 a month since it is a reporting-only service. Our guide on getting your first credit card in Canada covers how rent reporting fits alongside other early credit-building steps.

Can I pay rent with a credit card if my landlord doesn't use any of these apps?

Yes, with Neobanc, Chexy, Casa, and TenantPay, since none of them require the landlord to create an account. Payments go out as e-Transfer or direct deposit on your behalf. Letus and FrontLobby are the exceptions on this list, since both require the landlord or property manager to already be enrolled on their respective platforms.

What happens to KOHO users who relied on rent reporting?

KOHO is discontinuing its rent-reporting feature as of August 2026. No new subscriptions are accepted, existing members retain access only until September 30, 2026, and tradelines will then be closed in good standing according to KOHO's own help center. Affected users should move to an alternative like Neobanc, TenantPay, or FrontLobby before that date to avoid a gap in their reporting history.

Are international students affected by these fee structures the same way?

Generally yes, though international students often face additional considerations around credit history and landlord requirements. Our guide to renting in Canada as an international student covers those specifics in more detail, including which platforms tend to work best without an established Canadian credit file.