Toronto fintech startup Casa is partnering with one of Canada’s biggest banks.
“We’re on a mission to make rent more rewarding,” explains Brandon Koffler, chief executive officer of Casa, a platform for payments and rewards through renting.
Koffler says ScotiaGold Passport Visa cardholders can use the card to make rent or condo fee payments through the Casa platform with no transaction fees.
“Together with Scotiabank, we’re … introducing a new way to make housing payments with no transaction fees and helping Canadians unlock meaningful value from one of their largest monthly expenses,” Koffler stated.
Cardholders earn 1 Scene+ point on every dollar spent on everyday purchases, and those who spend a minimum of $350 per month also earn 1 Scene+ point on every dollar spent on their housing payments made through Casa.
Scene+ is one of Canada’s leading and largest loyalty programs, offering its over 15 million members the opportunity to earn and redeem points in a wide variety of ways.
Aris Bogdaneris, Group Head of Canadian Banking at Scotiabank, says the partnership represents “a truly differentiated offering to our clients.”
“The ScotiaGold Passport Visa Card is the first credit card in Canada to offer no transaction fees on rent and housing payments when made via the Casa platform, helping Canadians earn rewards and get more from their everyday spending,” he remarked.
“This collaboration reflects our focus on creating meaningful solutions that reward and support our clients in the moments that matter most,” Bogdaneris stated.
Renters aren’t the only ones to benefit, Koffler notes. Through the Casa platform, residential owners and property managers can simplify rent and condo fee collection, streamline reconciliation, and reduce their administrative workflow.
“Rent, condo fees, housing payments … although paying those expenses isn’t optional, earning rewards on them should be,” the company posits in its mission statement.
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