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Quick answer:
City of London property tax bills average around $400/month for a typical household. 2026 interim instalments are due February 27 and March 31 and final instalments June 30, August 31 and October 30; the pre-authorized plan spreads the bill over 10 withdrawals from January to October on the last business day of the month.
Check The property account number is printed on the property tax bill, and the roll number can also be found by searching the property in the City Map tool on london.ca.. Enter it exactly as shown when adding the payee.
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 $400/month City of London property tax, that's roughly $192 back per year between a 2% cash-back card and Neobanc, for the exact same property tax.
Average $400/month: a 2% cash-back card returns about $8.00/month, and Neobanc adds $4.00 to $8.00 on top, roughly $192 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 Tax Payment Plan earns nothing; the same property tax through Neobanc with a cash-back card returns about $192 a year. Penalty and interest of 1.25% is charged on taxes due and unpaid on the first day of default. A recurring Neobanc payment a few business days before the due date earns on every cycle and never runs late.