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Quick answer:
The City tells online banking users to choose Coquitlam as the payee and select the taxes option, and to update the folio number with their bank after buying or selling a property. The math on this page uses $230/month as an example property tax; your own amount will differ, and the cash back scales with it.
Format: 8-digit folio/roll number, entered as the account number. The 8-digit folio/roll number is printed on the front of the tax notice.
Verified against www.coquitlam.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 $230/month City of Coquitlam property tax, that's roughly $83 back per year between a 2% cash-back card and Neobanc, for the exact same property tax.
On a $230/month property tax, a 2% cash-back card returns about $4.60/month, and Neobanc adds $2.30 on top, roughly $83 per year for switching how you pay, not what you pay.
Change how you pay before what you pay. Paying by bank transfer or Property Tax Prepayment Plan earns nothing; the same property tax through Neobanc with a cash-back card returns about $83 a year. A 5% penalty applies to any unpaid balance of current taxes after the early July due date, and a further 5% after the second penalty date in mid-September, including on unclaimed Home Owner Grants. A recurring Neobanc payment a few business days before the due date earns on every cycle and never runs late.