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Cancellation service #1 in Canada
Zenbase is a Canadian financial services app that helps renters manage and split rent payments, build credit by reporting rent to credit bureaus, and access related products such as a secured line of credit and deposit-splitting services. It offers subscription products (CreditBuilder, CreditBoost, RentHistory add-on) and a membership/product suite called CustomRent for split rent payments and related fees.
When your cancellation is processed you may continue to use the paid subscription until the end of your current billing term; the service will not renew after that term. Zenbase will stop future billing for the cancelled product once processed. Account data and historical reporting (for example, rent reporting already sent to Equifax or TransUnion) may remain according to Zenbase’s data retention and reporting policies - request details from support if you need specific data removed or exported.
CreditBuilder subscriptions are explicitly non-refundable: cancellation does not trigger any refund. Zenbase’s published terms do not describe a 14-day cooling-off refund right for these services. For CustomRent, the stated policy is that it can be cancelled at any time with no penalty; however, Zenbase does not describe routine refunds of previously charged membership fees. If you believe you are owed a refund (for billing error or other exceptional circumstance), contact support and include documentation; Zenbase will review such requests under its customer service procedures.
| Plan | Price | Period | Features |
|---|---|---|---|
| CreditBuilder (monthly) | C$2.90 | Monthly | Automated rent reporting to Equifax & TransUnion |
| CreditBuilder (annual) | C$24.40 | Annual | Automated rent reporting to Equifax & TransUnion |
| CustomRent (membership) | C$9.90 | Monthly membership fee | Allows split-rent payments; landlord must be partnered |
| CustomRent variable fee | 0.75% of rent amount | Per payment | Additional fee on rent amount for split payments |
| CustomRent debit card payment fee | 0.6% of payment amount | Per payment | Optional fee when paying both splits with Visa Debit or Debit Mastercard |
| CreditBoost | C$9.90 | Monthly | Zenbase Secured Line of Credit reported to Equifax to accelerate credit-building |
| RentHistory add-on | C$19.90 | One-time at signup | Reports up to 24 months of past rent payments |
| CustomDeposit split-deposit fee | 1% of total deposit | One-time | Fee when splitting move-in deposit into two payments |
| CustomDeposit full payment | C$0.00 | One-time | Free if paying deposit in full via e-Transfer |
Canadian consumer protection laws vary by province, but many provide a right to cancel certain in-person, off-premises, or distance contracts within a short cooling-off period. However, Zenbase’s published terms for CreditBuilder and related services state that fees are non-refundable and do not reference a 14-day cooling-off period. Practically, you should cancel before renewal to avoid future charges and, if you believe statutory cancellation rights apply in your province, raise that point when you contact Zenbase and, if required, consult your provincial consumer protection office for next steps.
User feedback is mixed. Some customers report that Zenbase helped reduce rent-day stress and improved cash flow by allowing split payments and on-time reporting, calling the service helpful during tight financial periods; see Zenbase marketing and community posts for positive anecdotes. Other users have reported problems such as payments being sent to landlords without their expected consent or added costs that reduced the perceived value - some reviewers note monthly costs and added fees that they found significant compared with rent amounts. When evaluating cancellation or continued use, consider both the cost profile and how the product has actually performed for you.
Common mistakes include cancelling after a renewal has already occurred (which stops future billing but does not refund the recent charge), failing to get or retain written confirmation of cancellation, and assuming a statutory refund right that Zenbase’s terms do not provide. For example, a customer who cancelled but did not keep a confirmation email later found their membership still active and continued billing until they produced proof of the original cancellation request.
| Method | Refund | Difficulty |
|---|---|---|
| Website / App account settings | No refund for CreditBuilder; cancellation prevents future billing | Easy |
| Email to support ([email protected]) | No refund for CreditBuilder; support can confirm cancellation and effective date | Easy |
| Registered mail to company address | No refund for CreditBuilder; provides strongest paper trail if dispute arises | Medium (slower, requires proof of mailing) |
After you cancel, watch for a written confirmation email or message from Zenbase and check your next billing statement to confirm charges have stopped. If you do not receive confirmation within the processing window (up to 3 business days), follow up with support and provide your cancellation documentation. For terms and conditions or to review exact cancellation clauses refer to the CreditBuilder terms and the Zenbase help pages: CreditBuilder terms and Zenbase Help. If you need to escalate a billing dispute, keep all correspondence, receipts, and proof of cancellation, and consider contacting your bank or card issuer if unauthorised charges continue.
Zenbase Inc., 1201 Glenmore Trail SW #400, Calgary, Alberta T2V 4Y8, Canada
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Written by Mia Walker
Postclic editor · 4 years experience
Editor at Postclic for 4 years, I turn complex registered electronic mail procedures into clear, actionable English.