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Quick answer:
Cambridge property tax instalments are due on the first working days of March and May for the interim bill, and July and September for the final bill. For electronic transfers, the City counts the date the bank sends the payment, regardless of when the money arrives. The math on this page uses $430/month as an example property tax; your own amount will differ, and the cash back scales with it.
Use the roll number on your tax bill; the roll number and access code from your most recent bill are also used to register for the City's MyTax portal. Enter it exactly as shown when adding the payee.
Verified against www.cambridge.ca, October 2026.
Yes, and it's the whole point. Most billers don't reward you for how you pay. Through Neobanc, your card earns its normal rewards and Neobanc adds 1% cash back on top. On a $430/month City of Cambridge property tax, that's roughly $155 back per year between a 2% cash-back card and Neobanc, for the exact same property tax.
On a $430/month property tax, a 2% cash-back card returns about $8.60/month, and Neobanc adds $4.30 on top, roughly $155 per year for switching how you pay, not what you pay.
Change how you pay before what you pay. Paying by bank transfer or Pre-authorized payment plans (set up in the MyTax portal) earns nothing; the same property tax through Neobanc with a cash-back card returns about $155 a year. A 1.25% penalty is charged on the third day of default, plus 1.25% interest on the first day of each month until the bill is paid. A recurring Neobanc payment a few business days before the due date earns on every cycle and never runs late.