What is CAPREIT?

CAPREIT bills average around $1600/month for a typical household. CAPREIT is one of the few large Canadian landlords that supports real bank bill payments: add CAPREIT as a payee with your reference number.

How to Get Cash Back on Your CAPREIT Rent

1. Create your free Neobanc account: sign up at neobanc.com, takes about 2 minutes with instant verification.
2. Add your rent details: your building or property manager (CAPREIT) and your monthly rent amount.
3. Tell us how your rent gets paid: CAPREIT receives the payment like a normal rent payment. No signup needed on their side.
4. Pay with your preferred credit card: one-time or recurring. Your card earns its normal rewards; Neobanc adds cash back on top.
5. Earn cash back on every rent payment: cash back lands in your Neobanc balance every month.

What You Need to Set Up Your CAPREIT Rent

Format: Resident account or reference number (CAPREIT provides it by email or phone if you don't have it). your rental office or CAPREIT correspondence; balances show in the Resident Portal

Verified against www.capreit.ca, July 2026.

Can I Pay CAPREIT With a Credit Card?

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% to 2% cash back on top. On a typical $1600/month CAPREIT rent, that's roughly $768 back per year between a 2% cash-back card and Neobanc, for the exact same rent.

The Math on Your CAPREIT Rent

Average $1600/month: a 2% cash-back card returns about $32.00/month, and Neobanc adds $16.00 to $32.00 on top, roughly $768 per year for switching how you pay, not what you pay.

How do I save the most on my CAPREIT rent each month?

Change how you pay before what you pay. Paying by bank transfer or Pre-Authorized Payment (PAP) earns nothing; the same rent through Neobanc with a cash-back card returns about $768 a year. A recurring Neobanc payment a few business days before the due date earns on every cycle and never runs late.