The Rent Reward is TenantPay's monthly giveaway programme: every Canadian tenant who pays rent on time through TenantPay automatically earns an entry into a draw for a full month of rent reimbursed - up to [CONFIRM: prize amount] credited directly to their TenantPay account. No forms, no skill-testing questions, no complicated entry requirements. If you pay rent on time, you're in.
Rent is the single largest monthly expense for most Canadians - and historically, it has returned nothing. No credit score improvement, no rewards points, no equity. TenantPay was built to change that: your rent payments are reported to Equifax Canada, helping you build the credit history that unlocks better financial products. The Rent Reward adds a second layer - a real, recurring chance to have one month covered entirely. According to the Canada Mortgage and Housing Corporation (CMHC), the average Canadian renter spends more than 30% of their pre-tax income on housing - making even one month of relief genuinely significant.
Every qualifying rent payment made on time through TenantPay during the contest period earns one (1) entry into that month's draw. You can pay through Pre-Authorized Debit (PAD), debit card, Visa, Mastercard, or through your regular online banking bill payment portal - whichever method works best for you. If you use online banking, simply add TenantPay as a payee and use your unique 11-digit RNT account number provided by your property manager.
You can also earn bonus entries each month by completing any of the following:
Set up recurring automatic payments
Consistent habits deserve extra recognition. Tenants who automate their rent payments through the TenantPay app receive a bonus entry each month - and eliminate any risk of a missed payment entirely.
Enable credit reporting to Equifax Canada
Turning on rent reporting to Equifax Canada is one of the most impactful financial steps a renter can take. Doing so also earns you a bonus entry into the Rent Reward each month.
Refer a friend
When a friend you refer completes their first TenantPay rent payment, you receive a bonus entry. A platform is only as strong as its community.
Each monthly draw is independent. Entries do not carry over between months. On the [CONFIRM: draw date - e.g., 15th] of each month, one winner is selected at random from all eligible entries. Winners are notified by email within [CONFIRM: e.g., 3 - 5] business days.
The Rent Reward is open to Canadian residents aged 18 and older who:
- Hold a registered TenantPay tenant account
- Have made at least one qualifying rent payment during the contest period
- Reside in a property enrolled with TenantPay
Tenants in all provinces and territories are eligible, subject to provincial contest rules. Quebec residents should note that additional rules may apply under provincial law - see the Official Rules at tenantpay.com/rent-reward-rules for details.
If your landlord or property manager is not yet using TenantPay, onboarding takes minutes and costs tenants nothing. Share the TenantPay tenant page with them to get started. Employees of TenantPay and their immediate family members are not eligible.
Most Canadians understand that mortgage payments contribute to their financial future - each payment builds equity and appears on their credit file. Rent payments have historically offered neither. They leave no lasting financial mark, no matter how consistently or responsibly they are made.
TenantPay changes that. When you pay rent through TenantPay, those payments are reported to Equifax Canada. Over time, a track record of on-time rent payments helps establish or improve your credit score - the same score that lenders review when you apply for a car loan, a line of credit, or eventually a mortgage.
Why this matters now
According to the Canada Mortgage and Housing Corporation (CMHC), average rents in Canada's major cities have risen significantly over the past five years, making rent the dominant household expense for millions of Canadians. Yet the financial system has continued to treat rent as a transaction that happens and disappears - unlike savings, investments, or mortgage payments, which accumulate in ways that create future opportunity.
The Rent Reward adds a second layer to what TenantPay already does. You're building credit by paying rent through TenantPay. Now you're also earning entries into a monthly draw that could put one month's rent back in your pocket. Your biggest monthly expense is finally starting to work for you.
If you're not already paying rent through TenantPay, here's what to do:
- Create your free account - Visit tenantpay.com/tenants and sign up. It takes a few minutes and costs nothing.
- Ask your landlord to enroll - Your property must be registered with TenantPay. Landlord onboarding is free and straightforward; point them to the TenantPay landlord page.
- Make your first rent payment - Use online banking bill payment (add TenantPay as a payee, use your unique 11-digit RNT account number), or pay through the TenantPay app via Pre-Authorized Debit, debit card, Visa, or Mastercard.
- Turn on credit reporting - Enable Equifax Canada rent reporting to start building your credit history and earn a bonus Rent Reward entry each month.
- Set up recurring automatic payments - Never miss a due date, and earn an additional bonus entry every month.
From your next payment forward, you're building credit and earning entries in the Rent Reward.
The fine print
Odds of winning depend on the number of eligible entries received in each contest period. Entries reset monthly. The prize is a credit of up to [CONFIRM: prize amount] applied directly to the winner's TenantPay account - not a cheque or gift card. Tax treatment may vary; consult a tax professional for your specific situation.
[CONFIRM: Legal team to insert: no purchase necessary language, province-specific restrictions, and Official Rules reference.]
Full terms: tenantpay.com/rent-reward-rules.
What is the Rent Reward?
The Rent Reward is TenantPay's monthly giveaway programme. One eligible tenant wins a full month of rent reimbursed - up to [CONFIRM: prize amount] credited directly to their TenantPay account - each month. Every on-time rent payment made through TenantPay earns an entry automatically.
How do I enter the Rent Reward?
Every qualifying on-time rent payment made through TenantPay during the contest period earns one entry. You can earn bonus entries by setting up recurring automatic payments, enabling credit reporting to Equifax Canada, or referring a friend who completes their first TenantPay rent payment.
Who is eligible to enter?
The Rent Reward is open to Canadian residents aged 18 and older who hold a registered TenantPay tenant account and have made at least one qualifying rent payment during the contest period. Employees of TenantPay and their immediate family members are not eligible. Quebec residents should review the Official Rules for provincial requirements.
Do my entries carry over from month to month?
No. Each monthly draw is independent and entries reset at the beginning of each new contest period. Unused entries from one month do not carry over to the next.
How is the prize paid out?
The prize is a credit of up to [CONFIRM: prize amount] applied directly to the winner's TenantPay account - not a cheque, e-transfer, or gift card. Tax treatment may vary; consult a tax professional for your specific situation.
What if my landlord isn't using TenantPay yet?
Your property must be enrolled with TenantPay for you to pay rent through the platform and qualify for the draw. Landlord onboarding is free and takes only a few minutes. Share the TenantPay tenant page with your property manager to get started.