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Quick answer:
The payee name for City of Kamloops property taxes varies from bank to bank, so search for Kamloops in your bank's payee list and pick the property tax payee; folio numbers stay with the property, so update the account number when you move. The math on this page uses $240/month as an example property tax; your own amount will differ, and the cash back scales with it.
Format: 10-digit folio number; enter it as the payee account number without the dashes. The folio number is printed in the top right-hand side of the property tax notice.
Verified against www.kamloops.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 $240/month City of Kamloops property tax, that's roughly $86 back per year between a 2% cash-back card and Neobanc, for the exact same property tax.
On a $240/month property tax, a 2% cash-back card returns about $4.80/month, and Neobanc adds $2.40 on top, roughly $86 per year for switching how you pay, not what you pay.
Change how you pay before what you pay. Paying by bank transfer or Tax Installment Plan Service (TIPS) earns nothing; the same property tax through Neobanc with a cash-back card returns about $86 a year. A 10% penalty applies to property taxes and Home Owner Grant applications not received by the due date, the first business day in July; the penalty is set by provincial legislation and the City cannot waive it. A recurring Neobanc payment a few business days before the due date earns on every cycle and never runs late.