Casa and Scotiabank Team Up to Offer the First Credit Card in Canada with No Transaction Fees Superscript 1 on Rent Payments

Executive Summary

• Casa and Scotiabank announced a collaboration introducing the first Canadian credit card (ScotiaGold Passport® Visa) that waives transaction fees on rent and condo‑fee payments made through the Casa platform.
• Cardholders earn 1 Scene+ point per dollar on everyday purchases and, after $350 monthly spend, an additional 1 Scene+ point per dollar on housing payments processed via Casa.
• The partnership expands Casa’s reach to over 500,000 residential units and opens the platform to all Canadian households (excluding Quebec), providing rewards for renters and operational efficiencies for property managers.

Key Details

• Product: ScotiaGold Passport® Visa card – no transaction fees on rent/condo‑fee payments when used on the Casa platform.
• Rewards Structure: 1 Scene+ point per $1 on everyday purchases; after $350 monthly spend, an extra 1 Scene+ point per $1 on housing payments made through Casa.
• Network Reach: Casa Community includes >500,000 apartment and condominium units across Canada; platform now open to all Canadian households (excluding Quebec).
• Partner Ecosystem: Collaboration involves major residential owners/operators such as FirstService Residential, Westdale Properties, Signet Group, Deveraux Apartment Communities, Fengate, etc.
• Additional Card Acceptance: Casa also accepts other Visa and Mastercard credit/debit cards; standard transaction fees apply to those non‑ScotiaGold cards.
• Strategic Benefits for Scotiabank: First Canadian credit card offering fee‑free rent payments, enhancing the ScotiaGold Passport® product differentiation and driving usage among renters.
• Strategic Benefits for Casa: Increased adoption of its payment platform, broader consumer base, and added value proposition through rewards integration with Scene+.

Notable Quotes

“We're on a mission to make rent more rewarding,” said Brandon Koffler, CEO of Casa. “Together with Scotiabank, we're bringing that vision to life – 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.”

“Scotiabank is proud to work with Casa to introduce 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,” said Aris Bogdaneris, Group Head, Canadian Banking at Scotiabank.